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Economics > Ch. Section 2 > Flashcards

Ch. Section 2 Flashcards

0
Q

Macroeconomics

A

Deals with behavior of large units such as government

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1
Q

Microeconomics

A

Deals with behavior of individuals and firms

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2
Q

Economy

A

All activity in a nation that affects the production, distribution, and use of goods and services

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3
Q

Economic models

A

Simplified representations of the real world

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Economics (4 decks)

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