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Responses
choosing to fill needs rather than wants
choosing to fill needs rather than wants
choosing options that best match supply with demand
choosing options that employ the largest number of people
choosing options that employ the largest number of people
choosing options with the greatest benefits to the people
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The statement that best describes how governments deal with scarcity is:
choosing options that best match supply with demand
This approach reflects the fundamental economic principle of allocating limited resources to meet the needs and wants of society as effectively as possible.
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