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</p> Signup and view all the answers

    Which of the following is a key macroeconomic indicator?

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

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