Mastering the Basics of Economics
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Questions and Answers

Which of the following is a key topic covered in the course?

  • The impact of technology on banking
  • The importance of marketing in economics
  • The role of government in the economy (correct)
  • The history of economics

What is the concept that is closely related to decision making in economics?

  • Macroeconomics
  • Supply and demand
  • Market equilibrium
  • Opportunity cost (correct)

Which of the following is a factor affecting supply and demand?

  • Government policies (correct)
  • Market equilibrium
  • Opportunity cost
  • Scarcity

What is the main goal of fiscal policy?

<p>Stabilizing the economy (B)</p> Signup and view all the answers

Which of the following is a key macroeconomic indicator?

<p>Gross domestic product (GDP) (A)</p> Signup and view all the answers

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