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1.       What are the three basis questions that societies must answer?

 

 

2.       A household’s decision about what quantity of an output or product to demand depends on a number of factors. List them.

 

 

3.       What is the difference in Change in Quantity demanded and Changes in Demand?

 

 

4.       What is the difference between the Shift of demand and a movement along the demand curve?

 

 

5.       Explain  how the Unemployment rate, and the labor force   are calculated

 

 

    • 10 years ago
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