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Econ 104 Exam 1 Rustici Questions And Answers Verified By Experts

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Econ 104 Exam 1 Rustici Questions And Answers Verified By Experts Microeconomics "price theory", observing the details of the consumers behavior, why are prices what they are, price of specific product, number of employees in a firm Macroeconomics "the whole economy", coordination of everything, examines the performance and behavior of the economy as a whole, focuses on economic growth,interest rates, and inflation Price System and its value Money Banks Information about human values in a world in scarcity, not numbers but info Macro is money and money is the medium of exchange that replaces bartering

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