What is the central problem of economics? (a) To allocate scarce resources in such a manner that society’s unlimited needs are satisfied as well as possible. (b) To allocate unlimited resources in such a manner that society’s limited needs are satisfied as well as possible. (c) Both (a) and (b) (d) None of these
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employement and wages is the correct answer
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A) to allocate scarce resources in such a manner .....
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