Which of the following describes the reason why scarcity exists? A. Governments make bad economic decisions. B.

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Which of the following describes the reason why scarcity exists?

A. Governments make bad economic decisions.

B. The gap between the rich and the poor is too wide.

C. Wants exceed the resources available to satisfy them.

D. There is too much unemployment.

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 03:22 AM

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Which of the following describes the reason why scarcity exists? A. Governments make bad economic decisions. B.

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Foundations of Macroeconomics

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