Exam (elaborations)
ECO 304K | Questions with 100 % Correct Answers | Verified
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Ten Principles of Economics - 1. People face trade-offs 2. The cost of something is what you give up to get it 3. Rational people think at the margin 4. People respond to incentives 5. Trade can make everyone better off 6. Markets are usually a good way to organize economic activity 7. Govern...
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