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The fundamental problem faced by an economy is one of :

Question:

The fundamental problem faced by an economy is one of :

A.

Exchange

B.

Decision making by the government

C.

Economic welfare

D.

Scarcity of resources and multiplicity of wants.

Answer» d. Scarcity of resources and multiplicity of wants.

Note: The above multiple-choice question is for all general and Competitive Exams in India