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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?
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What impact does inflation have on consumers?
What impact does inflation have on consumers?
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Which measure is commonly used to track inflation?
Which measure is commonly used to track inflation?
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