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Economics

16 cards

Which of the following actions best meets the goal of security

The government does which of the following in a planned economy

Which of the following is another term for a free-market system

According to the circular flow model which of the following do producers provide to consumers

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Economics

7 cards

According to the circular flow model which of the following is not provided by consumers

In order to know what people want to buy and how much they're willing to pay producers pay attention to which of the following

Main force behind the decisions made by producers in a free-market society

In the game of economics goods are objects that fulfill people needs and

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Economics

6 cards

Which of the following does not need to be addressed when organizing an economy

What happens in the case of a product that has elastic supply when the price decreases

In the study of economics which is the definition of a market

Which would be an example of an opportunity cost

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Economics

Which of the following actions best meets the goal of security

The government does which of the following in a planned economy

Which of the following is another term for a free-market system

According to the circular flow model which of the following do producers provide to consumers

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