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The crucial problem of economics is Establishing a fair tax system. Providing social goods and services. Developing a price mechanism that reflects the relative scarcities

The crucial problem of economics is

Establishing a fair tax system.

Providing social goods and services.

Developing a price mechanism that reflects the relative scarcities of products and resources.

Allocating scarce productive resources to satisfy wants.

Enacting a set of laws that protects resources from overuse.

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