Wilberforce

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Wilberforce

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CSET 3 Social Science 100% SOLUTION

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CSET 3 Social Science 100% SOLUTION Why is self-interest good? - ANSWER WIPIM Wealth Innovation Productivity Investment More for all What factors affect demand? - ANSWER SERPIP Substitute goods Expectations of Prices Related Goods Population Income Preferences What factors affect supply? - ANSWER IREST Input prices (wages, traveling, equip) Related goods Expectations of prices Supplier numbers Technology GDP - ANSWER Size of the economy; total amount of all goods produced ...

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