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Of think you do for What of the when you hear the word
economics ACTUALITY? Money, certainly, and Perhaps
more Complicated things like business, Inflation
and Unemployment. Economics ACTUALITY of science ™ of The
studies of all for These, But MANY more things as with a well.
Perhaps you of think economics ACTUALITY That is all about
the Decisions' That governments and business
the managers to take. Fact with In, Economists study the
Decisions' That we all to take every day.
Very Simply, economics ACTUALITY studies the way people
deal with a Fact of life:: Limited resources are, But
Our a demand for Them certainly is not. The Resources
may the BE material things such as with food, housing and
heating. Some resources are There, Though, That
we CAN not touch,. Time The, space and convenience,
for example, are Also resources. A day of the Think.
There are only 24 in one's hours, and we have to
from list choose the: best way to Spend Them. Everyday Our company
the lives are full of Decisions' like for These. Decision Every
we the make is a TRADE-off. You spend more you the If time
working, the make you more money. HOWEVER, you
will of have time to relax is less See. The study Economists
TRADE-offs people the make. They study the Reasons for They
for Their Decisions'. AT the look for They effects Those
Decisions' have on the lives Our and Our Society.
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