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1.1 What economics is and why it's important  (Page 16/17)

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  • Card 16 / 17:
    scarcity

    when human wants for goods and services exceed the available supply

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Practice FlashCards 9 Key Terms 5

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Source:  OpenStax, Macroeconomics. OpenStax CNX. Jun 16, 2014 Download for free at http://legacy.cnx.org/content/col11626/1.10
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