Does the phrase unlimited wants and limited resources apply to both a low-income household and a middle-income

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Does the phrase "unlimited wants and limited resources" apply to both a low-income household and a middle-income household? Can the same phrase be applied to a very high-income household?

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Economics Today

ISBN: 978-0132554619

16th edition

Authors: Roger LeRoy Miller

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Question Posted: Aug 01, 2016 12:31 PM

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Does the phrase unlimited wants and limited resources apply to both a low-income household and a middle-income

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Yes the phrase applies to both the low and middle level inco...View the full answer

Economics Today

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