Questions asked
what causes the economy to grow over the long term?
What causes firms to hire more workers or to lay them off?
What causes the economy to speed up or slow down?
What determines a nation’s standard of living?
What determines how many jobs are available in an economy?
What determines the level of economic activity in a society?
What combination of goods and services will best fit their needs and wants, given the budget they have to spend?
What determines how households and individuals spend their budgets?