Please answer these these questions:
What distinguishes economists from other scientists?
What do you understand by the following: a) Production Possibilities Frontier, b) Productive efficient and productive inefficient points, c) Economic Growth and Trade and d) Absolute Advantage and Comparative Advantage
From your reading list the four factors that are necessary for production to take place
Discuss what is meant by a free market system and what market system does the United States have?
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