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Questions and Answers
Which term refers to the average cost of production?
Which term describes when workers focus on a specific task at hand?
Which term involves altering the level of interest rates?
Which term refers to the economy as a whole?
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Which term involves the government's economic decisions being passed down?
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Who is considered the father of Economics?
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What is the study of how humans make decisions based on scarcity called?
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Which term refers to the way workers divide the required task at hand?
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What does specialization allow businesses to take advantage of?
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What does fiscal policy involve?
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