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What is Economy

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Economics studies the allocation of scarce resources among people—
examining what goods and services wind up in the hands of which people.
Why scarce resources? Absent scarcity, there is no significant allocation issue.
All practical, and many impractical, means of allocating scarce resources are
studied by economists.

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Call Number

330

Publisher

Washington, DC : The Saylor Foundation.,

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Language

English

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Classification

330

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Edition

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Subject(s)

Economics

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Statement of Responsibility

Saylor. org

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umi

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