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The Three Fundamental Economic Questions Are What, How, and Why

question 63

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The three fundamental economic questions are what, how, and why.


Definitions:

Rare events

Incidences that occur infrequently within a given domain or context.

Unusual events

Incidents or occurrences that deviate significantly from what is considered normal or expected, often attracting attention or requiring special handling.

National Science Foundation

A United States government agency that supports fundamental research and education in all the non-medical fields of science and engineering.

Survey archive

A repository or collection of survey data, often used for research and analysis.

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