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Questions and Answers
Which branch of economics focuses on decision making by a single individual, household, firm, or level of government?
What is economic growth according to the conventional perspective?
What is the inflation rate according to the conventional perspective?
What does macroeconomics study?
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What is one of the objectives of macroeconomics from a conventional perspective?
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What is the consequence of a society with a low rate of economic growth?
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What is the study of macroeconomics concerned with?
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What is the result of high rates of economic growth?
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What is a major source of non-inflationary increases in wages?
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What percentage of unemployment rate is generally considered a normal situation?
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What is a major objective of macroeconomics from a conventional perspective?
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What is the result of rapidly growing productivity?
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What is the consequence of unequal distribution of income?
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What is the consequence of reducing unemployment?
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What is the primary goal of policymakers in regards to unemployment?
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What is the definition of full-employment?
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What is the purpose of a progressive income tax system?
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What is one of the objectives of Macroeconomics from an Islamic perspective?
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What is the basis of social justice in Islamic economics?
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What is the concept of Islam regarding mankind?
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Why does Islam tolerate some inequalities of income?
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What is the role of man in Islamic economics?
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What is one of the ways to reduce the gap between producers?
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What is the ultimate goal of Islamic economics?
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What is one of the ways Islam emphasizes distributive justice?
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What is the purpose of zakah in Islamic economics?
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What is the Islamic approach to inheritance?
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Why is education important in Islamic economics?
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What is the moral obligation of the trustee in Islamic economics?
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What is the goal of Islamic economics in terms of resource allocation?
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What is necessary for the growth of an economy and the development of a healthy society?
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What is the goal of economic growth in Islamic economics?
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What is one of the main objectives of economic growth in an Islamic society?
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What is a primary target for Islamic states to achieve optimum economic growth?
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What is necessary for the development of an economy?
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Why is human capital formation important in Islam?
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What should the state ensure in Islamic society?
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What is a key aspect of social justice in Islamic society?
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What is a characteristic of the foundation of Islamic society?
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Why is education important in Islamic society?
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