TEST BANK FOR Economics 14th Canadian Edition By Christopher T.S. Ragan
Harvard University
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Exam (elaborations) TEST BANK FOR Economics 14th Canadian Edition By Christopher T.S. Ragan
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Exam (elaborations) TEST BANK FOR Economics 14th Canadian Edition By Christopher T.S. Ragan 
Exam 
Name___________________________________ 
MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 
1) Which of the following statements provides the best definition of economics? 
A) The study of the most equitable distribution of scarce resources. 
B) The study of the use of scarce resources to satisfy unlimited human wants. 
C) The study of the produ...
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