Apart from scarcity, are there other principal issues in economics that remain the same. Kindly Explain?
Economists say that every economy must answer three basic and fundamental questions. (The Drexel.edu link below has 4. Textbooks I've taught from have 3. The second and third questions in the Drexel link are lumped together in the second question in this answer.) The questions are
- What to produce. ...
(The entire section contains 156 words.)
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