FULL QUESTIONS AND ANSWERS FOR A
GUARANTEED GRADE A+ 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: An academic discipline that requires an
examination of the variables that affect the quality of human life.
⫸ Why do people make choices in economics?. Ans: A fundamental
idea in economics is that people make choices for good reasons.
⫸ Business Cycle. Ans: The movement of an economy through
expansion, peaks, contraction, and troughs over time; an assessment
of economic activity over 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.