Introduction to Economics
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4 Terms
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Economics
________ is the study of how individual and societies chooses to use scarce resources to satisfy their needs and unlimited human wants.
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Resource management
________ is the process by which businesses manage their various resources effectively.
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Economics
________ come from the Greek word (Oi- konomia)
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Economists
Who are experts in ________; they research on issues such as: Effect of changes on tax rates? Answer with a single words or term.
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