what is a variable in regards with economics?
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Answer:
Any data accounted for in an economic model. An economic variable is any measurement that helps to determine how an economy functions. Examples include population, poverty rate, inflation, and available resources.
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Answered by
1
Explanation:
Any data accounted for in an economic model. An economic variable is any measurement that helps to determine how an economy functions. Examples include population, poverty rate, inflation, and available resources.
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