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Moiseeva_F

Summarizing.

Complete the following sentences to summarize the text above:

  1. Economics is the study of…

  2. In ancient Greece the word ‘economist’ meant…

  3. There are two approaches in economics:...

  4. Macroeconomic studies…

  5. Microeconomics is concerned with…

  6. The fundamental questions the society has to answer are:...

  7. Theoretically all economic systems can be classified as…

Viewpoint:

Is it possible, in your opinion, to create an ‘ideal’ economic system?