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Economics Entrance Exam: Mock Test 85
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The factors of production include land, labor, capital and
The type of bloc that negotiate with corporations, businesses and other organizations on behalf of union members is known as an
Factors of production are owned by households and they then consume whatever are being produced by
When the country's exports are larger than it's imports, and one's country is domestically paying for it's capital then its known as
When a country produces a good or service for a lower opportunity cost than other countries, this situation is known as
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