is the sum of the value of all assets, including money in bank accounts, financial investments, a pension fund, and the value of a home
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something that, if you do not have it for a long period of t…
something that, if you do not have it for a long period of time, you may die.
The study of the choices that individuals and businesses mak…
The study of the choices that individuals and businesses make and the way thesechoices interact and are influenced by governments.
is a situation that arises because people have unlimited wan…
is a situation that arises because people have unlimited wants in the face of limited resources.
Resources that you can feel, move, smell etc.
Resources that you can feel, move, smell etc.
A ________ ________ is a choice that uses the available res…
A ________ ________ is a choice that uses the available resources to best achieve the objective of the person making the choice.
A _____ is any arrangement that brings buyers and sellers to…
A _____ is any arrangement that brings buyers and sellers together and enables them to get information and do business with each other.
are goods and services that are bought by governments
are goods and services that are bought by governments
is the income needed for a basic standard of living.
is the income needed for a basic standard of living.
is the what you gain when you get one more unit of something…
is the what you gain when you get one more unit of something.