Simple Economics Examples? Help!? - Freemason Hirams Travels Masonic Forums

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03-06-2008, 11:31 AM

Desmond O

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Simple Economics Examples? Help!?

hi, i got these questions from a college lecturer...

anyone can help me point out examples for this economic principles:

1. A Country's Standard of Living Depends on Its Ability to Produce Goods and Services.

2. Society faces a short-run trade-off between inflation and unemployment

Thanks

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