Exam (elaborations)
Edexcel A-Level Economics A: Definitions Exam 2024 Questions & Answers(RATED A+)
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Absolute advantage - ANSWERSWhen a country's output of a product per unit of input is greater than that of any other country. Absolute poverty - ANSWERSWhen a person does not have the income or wealth to fulfil their basic needs. Aggregate Demand (AD) - ANSWERSThe total demand/spending in an ...
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