Psu econ 102 - Study guides, Class notes & Summaries
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Econ-102-PSU-Exam-1 update 2024
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Econ-102-PSU-Exam-1 update 2024 Incentives - ANSWERSrewards or penalties for engaging in a particular activity Economics - ANSWERSThe study of how people allocate their limited resources to satisfy their unlimited wants Resources - ANSWERSthings used to produce goods and services to satisfy people's wants Wants - ANSWERSwhat people would buy if their incomes were unlimited Microeconomics - ANSWERSthe study of decision making undertaken by individuals and by firms Macroeco...
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