1. Because of scarcity, certain economic questions must be answered regardless of the level of affluence of...
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1. Because of scarcity, certain economic questions must be answered regardless of the level of affluence of the society or its political structure. Three fundamental questions that inevitably must be faced in a world of scarcity are (1) _____________ will be produced?
(2) _____________ the goods and services be produced?
(3) _____________ the goods and services produced?
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