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National 5 Economics Verified Answers
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8

november 2024

2024/2025

A+
National 5 Economics Verified Answers Identify the three agents of the economy ️️Governments, firms and consumers Identify the three reasons for unlimited wants ️️Greed, Technological advancement and replacement How would you describe the shape of a demand curve ️️Slopes down from left to right Identify four types of unemployment ️️Seasonal, frictional, structural and regional Identify the economic cycle ️️Boom, recession, slump and recovery What is the basic ec...
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