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The basic economic problem is scarcity of resources which is caused by the existence of alternative uses of resources

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Why do all countries face the basic economic problem?

The basic economic problem is about scarcity and choice, which every society has to deal with.


Basic economic problem will not be solved by?

which one of the following is not one of the basic economic question


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The basic economic problems in the country of Philippines is high unemployment. For those that are employed low wages is another economic problem.


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Which basic economic problem does the US share with all other nations?

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