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Chapter 2 · Macroeconomics

Choice in a World of Scarcity

Budget constraints and opportunity cost, the production possibilities frontier, and objections to the economic approach.

7 of the 27 problems this chapter sets.

Sections

7 problems in your runThe whole chapter

Principles of Macroeconomics 3e: Access for free at https://openstax.org/books/principles-macroeconomics-3e/pages/1-introduction