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3 Written questions

3 Multiple choice questions

  1. anything that is generally accepted as a standard of value and a measure of wealth in a particular country or region
  2. the price at which the amount supplied is equal to the amount demanded
  3. the point at which quantity demanded and quantity supplied are equal

3 True/False questions

  1. economic interdependencethe branch of economics that studies the economy of consumers or households or individual firms

          

  2. product marketa market in which products are sold by firms and bought by households

          

  3. microeconomicsthe branch of economics that studies the economy of consumers or households or individual firms

          

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