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Marrrta [24]
3 years ago
7

Which of the following is one of the basic economic decisions people must face in any economy?

Social Studies
1 answer:
Montano1993 [528]3 years ago
8 0
A.  what goods and services should be produced and how much of them 
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The phrase "life is lived forwards, but understood backwards." is a typical example because for an individual to understand life backwards, it must have already happened. Which is what hindsight bias explains an already occur event. More like predicting the past.

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