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Economics

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Abdullah Schuster

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Cards in this guide (9)
Economics is about the allocation of resources for the production and distribution of goods

Economics is about the allocation of resources for the production and distribution of goods and ___________.

Which of these is not necessarily part of the game of economics

The reduction of waste

Which of the following does not need to be addressed when organizing an economy

The rules of political institutions.

According to the circular flow model which of the following is not provided by consumers

Wages

Which of the following explains why scarcity is a basic fact of life

demand will always be greater than supply

In the game of economics goods are objects that fulfill people needs and

wants

Which of the following is one way that land contributes production

Energy from the enviro fuels production I got yall (:

According to the circular flow model Which of the following is not provided by consumer

Wages

Which of the Situations is one where the goal of efficiency is being met

When you do something with as little waste as possible

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