SOLUTION FOR THE EXAMINATION TEST
GUARANTEED TO PASS IN 2026.
◍ Microeconomics. Ans: An area of economic study that focuses on
specific markets, choices, and behaviors that affect price, cost, and
demand.
◍ Social Science. Ans: Academic discipline that requires
examination of variables that affect the quality of human life.
◍ Business Cycles. Ans: The movement of an economy through
expansion, peak, contraction, and trough over time; an assessment of
economic activity through time.
◍ Capital Flow. Ans: The movement of capital, typically referencing
financial capital, into and out of an entity or country.
◍ Economic Indicators. Ans: Data specific to an economic outcome
or behavior that provide an indication of the direction of past (lagging
indicator), present (coincident indicator), or future (leading indicator)
economic activity.