A Budget Constraint

question 10

Multiple Choice

A budget constraint

• A)does not occur if there is scarcity.
• B)is faced only by poor people.
• C)is a way to overcome scarcity.
• D)forces people to make choices.
• E)prohibits consumers from spending.

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Definitions:

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An important event or achievement that marks a significant stage or progress in a process, project, or development.

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