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D s increase - PowerPoint PPT Presentation

ECONOMICS what is it and why study it?

ECONOMICS what is it and why study it?. Social Science Efficiency. How to increase output. Standard of Living = Income = Output. Economic Resources Anything that can be used to produce output can be viewed as a resource (input, or factor of production) Main categories of resources:

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D s increase - PowerPoint PPT Presentation

ECONOMICS what is it and why study it?