Why is economics often described as the science of constrained choice? In some countries the government makes most of the decisions about what will be produced, how it will be produced, and for whom. Does the fact that these choices are made by the government eliminate scarcity in these countries? Why or why not? Should an economic model describe reality exactly?

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Why is economics often described as the science of constrained choice?
In some countries the government makes most of the decisions about what will
be produced, how it will be produced, and for whom. Does the fact that these
choices are made by the government eliminate scarcity in these countries? Why
or why not?
Should an economic model describe reality exactly?
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Why is economics often described as the science of constrained choice? In some countries the government makes most of the decisions about what will be produced, how it will be produced, and for whom. Does the fact that these choices are made by the government eliminate scarcity in these countries? Why or why not? Should an economic model describe reality exactly?

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