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1 Fundamentals of Economics Unit One: Basics In Economics 2 Questions to consider: In this chapter, we will answer some basic questions: 1. What do you consume on a daily basis? 2. What is the difference
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Fundamentals of economics refers to the basic principles and concepts that help explain how economies work.
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The purpose of fundamentals of economics is to help understand economic behavior, make informed decisions, and address economic challenges.
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