Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
In economics, what does 'father' represent?
In economics, what does 'father' represent?
- Monopoly
- Opportunity cost
- Production (correct)
- Consumption
Which term is often referred to as the 'father' in economic theory?
Which term is often referred to as the 'father' in economic theory?
- Consumer
- Labor
- Producer (correct)
- Entrepreneur
What is the name of father in the economy?
What is the name of father in the economy?
- Scarcity
- Equilibrium
- Demand
- Supply (correct)
What is inflation?
What is inflation?
Signup and view all the answers
What impact does inflation have on consumers?
What impact does inflation have on consumers?
Signup and view all the answers
Which measure is commonly used to track inflation?
Which measure is commonly used to track inflation?
Signup and view all the answers
