Economy, asked by aleezakhan34, 2 months ago

Explain how economics is important in everyday life. Explain it with reference to microeconomics and macroeconomics, normative and positive economics, scarcity and shortage.
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Answers

Answered by ItzMissKomal
4

Answer:

  • There are many physical systems that would work, for example, the study of planets (micro) in the solar system (macro), or solar systems (micro) in the galaxy (macro).
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