IB Economics Key Predicted Exam Questions And Correct Answers
Social Sciencethe study of people in society and how they interact with each other. Economicsthe study of how people use their limited resources to try to satisfy unlimited wants. Microeconomicsthe study of the economic behaviour of households and firms and how prices of goods and services are determined. Positive Statementa statement about what is. This is an expression that can be verified by observation. Normative Statementa statement about what ought to be. This is an expression of an opinion that cannot be verified by observation
Written for
- Institution
- IB Economics
- Course
- IB Economics
Document information
- Uploaded on
- March 19, 2024
- Number of pages
- 30
- Written in
- 2023/2024
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
- ib economics
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ib economics key predicted exam questions and cor