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Questions and Answers
Which field of study focuses on the behavior and interactions of economic agents and how economies work?
What does macroeconomics analyze?
What does normative economics advocate for?
Which branch of economics describes 'what is' rather than 'what ought to be'?
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Which branch of economics analyzes the economy as a system and factors affecting it?
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Which branch of economics analyzes the basic elements in the economy, including individual agents and markets?
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What does positive economics describe?
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Which field of study focuses on the factors affecting the economy, such as employment, inflation, and economic growth?
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What does normative economics advocate for?
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Which branch of economics focuses on the behavior and interactions of economic agents and how economies work?
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