Solved: A households decision about what quantity of an output or, Econometrics

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A households decision about what quantity of an output or

1. What are the three basis questions that societies must answer?

2. A household's decision about what quantity of an output or product to demand depends on a number of factors. List them.

3. What is the difference in Change in Quantity demanded and Changes in Demand?

4. What is the difference between the Shift of demand and a movement along the demand curve?

5. Explain how the Unemployment rate, and the labor force are calculated

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