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🏦 Economics

Economics is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

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Q: An example of physical capital would be
1 answer
Q: Who invent bulb
2 answers
Q: What best describes the efficiency function of economics
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Q: What is the total amount of money a firm receives by selling goods or services called
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Q: What is a sudden shortage of a good called
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Q: When was European Commission created
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Q: Which of these describes a time deposit
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Q: The media industry is characterized by an oligopolistic market structure because
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Q: Which phase in the business cycle occurs when the economy shrinks due to a decline in production of goods and services
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Q: Long form of GDP
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Q: The United States purchased the Louisiana Territory from which country
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Q: What does a current contribution to Medicare in the form of employee Medicare taxes make free to eligible employees when they retire
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Q: What are 60 percent of china's workers
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Q: What is an unitary elastic supply
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Q: What is one drawback to consumer-protection regulations
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Q: What does a patent do for an invention
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Q: What does conditionality require of countries getting loans from the IMF
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Q: Example of discretionary spending
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Q: Why does the government need to regulate the free market to protect competition
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Q: Which is the key to the creation of a demand for a product
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Q: Consumer-protection regulations are beneficial because they lead to what
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Q: What is the role of the Federal Open Market Committee FOMC
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Q: The growth of suburbs lead to what to important developments
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Q: How did collectives in the Soviet Union avoid the competition that drives a free market economy
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Q: Choose the best definition of pillar as used in the lesson.
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Q: What are limited quantities of resources to meet unlimited wants
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Q: Which of these was a belief of Karl Marx
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Q: What is the role of consumers and producers in a free-market system
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Q: Who makes the economic decisions in Australia
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Q: What results from the fact that free market system is based on the free choices of consumers and producers
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Q: Which most accurately describes how the equilibrium price of a good or a service can be determined
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Q: What characterizes cost-benefit analysis
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Q: What part of the economic opportunity act of 1964 was designed to help young people to learn trade
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Q: Is not one of the alternatives for modernization and reform for the Social Security system
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Q: Why might developed economies want to outsource manufacturing and other jobs to developing economies
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Q: What is the main economic activity for Argentina
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Q: What describes a demand deposit
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Q: How did central planning affect consumers in the former soviet union
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Q: Who does not sell government securities
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Q: What did Marx call the difference between what the workers produce and what they earn
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Q: Who was a very powerful union leader of the miners from the 1930s to the 1950s
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Q: What are the leading economic indicators supposed to predict
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Q: The US trade deficit first became a problem in the 1970s because .
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Q: Approximately how many years do most adults spend working at a full-time job during their lifetimes
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Q: What was the result of the problems plaguing the agricultural sector in the 1920s
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Q: Who or what determines the exchange rates in the foreign currency market
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Q: If a bookstore manager prices a book higher than the equilibrium price then
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Q: Which of these countries is not a member of the European Union
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Q: The centers of most cities became business areas after the invention of what
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Q: What is Considered one of the primary factors of production plus
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