This section focuses on the key concepts and a summary of macroeconomics covered in Chapter 2: Choice in a World of Scarcity from the TEA AP Macroeconomics.

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Concepts

scarcity

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Additional Tags

budget constraints, ap macroeconomics, choice in a world of scarcity: key concepts & summary, objections to the economics approach, production possibilities frontier, social choices, texas gateway, texas gateway: chapter 2: choice in a world of scarcity: key concepts & summary, individual choice

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Classroom Considerations

Knovation Readability Score: 5 (1 low difficulty, 5 high difficulty)
The intended use for this resource is Instructional

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