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Questions and Answers
What is the central focus of economics?
What is the central focus of economics?
- Ensuring equal distribution of wealth
- Promoting government intervention in the economy
- Maximizing profits for businesses
- Efficient allocation of scarce resources to satisfy unlimited human wants and needs (correct)
Which platform is preferred for inquiries in the online class?
Which platform is preferred for inquiries in the online class?
- Zoom
- MS Teams (correct)
- Quizizz
- Google Forms
What is the weight of the final exam in the class standing?
What is the weight of the final exam in the class standing?
- 70%
- 10%
- 50%
- 30% (correct)
According to the definition provided, what does economics deal with?
According to the definition provided, what does economics deal with?
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What does the instructor encourage during online classes regarding cameras?
What does the instructor encourage during online classes regarding cameras?
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Study Notes
Economics Overview
- The central focus of economics is not specified in the provided text.
Online Class Guidelines
- The preferred platform for inquiries in the online class is not specified in the provided text.
- The instructor encourages students to have their cameras on during online classes.
Assessment
- The weight of the final exam in the class standing is not specified in the provided text.
Definition of Economics
- Economics deals with the production, distribution, and consumption of goods and services, as per the provided definition.
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