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1. How studies of economics depend upon the phenomenon of scarcity?

2. Discuss why an economy’s income should equal its spending.

3. What is the differentiation between GDP deflator and Consumer Price Index?

4. Discuss how higher savings leads to the higher standard of living.

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Min Pages: 3

Max Pages: 5

Level of Detail: Only answer needed

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M914025

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