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Question

What is the strongest argument for why we need more economists today than ever before?

a. We have a need for more wealth given the higher standard of living that individuals demand.

b. Economists are needed to address the allocation of scarce resources as a result of the worlds growing population.

c. Economists are needed to make sure that firms continue to make profits.

d. Economists are needed to make sure that consumers are well informed about their possible purchase options and that they budget their finances appropriately.

e. Economists are needed to make sure that the government doesnt involve itself too much in the economy.

Answer

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