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Economics > General Economics > Flashcards

General Economics Flashcards

1
Q

What is economics?

A

The study on allocations of scarce resources

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2
Q

Name 5 ways to measure government economic performance

A

Real GDP
Inflation
Unemployment rate
Current account
Well-being index

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3
Q

What are the 3 characteristics if the construction industry

A

Unique
Fragmented
Complex

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Economics (7 decks)

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