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Economics is the social science that studies the production, distribution, and consumption of goods and services. This book provides over 2,000 Exam Prep questions and answers to accompany the text Economics Principles & Policy Items include highly probable exam items: Private good, giffen good, collusion, budget, Private good, advertising, license, supply curve, commerce, preference, Tax credit, Diminishing marginal return, expansion path, tax revenue, Negative income tax, Income elasticity of demand, and more.
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