Examlex
Simplify the radical then approximate it to two decimal places.
Communist Countries
Nations where the government controls most forms of economic activity and property is commonly owned.
Scarce Resources
Scarce resources are resources that are limited in availability and cannot satisfy all the wants and needs of an economy or population.
Allocate
To distribute resources or duties for a specific purpose according to a plan.
Irrational Behavior
Irrational behavior describes actions or decisions that are not in line with logical or rational thinking, often defying expected outcomes based on standard economic theories.
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