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Purdue | Econ 252 | Dr. Vargas HIGH PROBABILITY OF BEING TESTED Exam Questions & Answers 2024 (200+Compiled )
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Economic Agent - Any group or individual that makes choices. What is Economics the study of? - How agents make choices among scarce resources and how those choices affect society Scarcity - A situation of having unlimited wants in a world of limited resources When are resources scarce? - Resou...
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