The largest producer of goods and services in the world is

The largest consumer of goods and services in the world is

The basic economic problem stems from

In every nation on earth,

If everybody had an unlimited supply of economic resources, which of these would not exist?

All nations must decide

Who owns the economic resources in a market economy?

Another name for the economic system in the United States is

Which of these is NOT an especially important principle of the US economic system?

Ceteris paribus, as the price of a product increases,

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