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Type: Multiple-Choice
Category: Economics
Level: Grade 12
Score: 3
Author: rbanks59
Created: 10 years ago

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Economics Question

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Grade 12 Economics

What is scarcity?
  1. When an unlimited amount of goods and services are available to meet limited wants and needs
  2. When a limited amount of goods and services are available to meet unlimited wants and needs
  3. When a limited amount of goods and services are available to meet limited wants and needs
  4. When an unlimited amount of goods and services are available to meet unlimited wants and needs