Wealth is the value of a household's accumulated savings. Wealth is the measure of the value of all the assets of worth owned by a household, a person, community, company or country.<span>
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Answer: point A is clearly not an outlier
Explanation:
The answer is that the first mistake in Allie's answer is that point A is clearly not an outlier as it falls near the regression line and is relatively close to the surrounding points.
just get a ruler and draw a picture
True.
Since scarcity is the basic economic problem, without scarcity there would be no need to study economics. Scarcity means when a particular commodity is not enough to satisfy human wants completely. So, if scarcity doesn't exist, it'll mean that everyone's wants will be fulfilled, hence the need to study economics will not be there.
