Examlex
The portion of the population selected to participate in a poll is known as the ______.
Economic Theory
A set of principles and concepts that explain the functioning of economies, guiding the analysis of economic policies and practices.
Reality
The state of things as they actually exist, as opposed to an idealistic or notional idea of them.
Simplification
The process of making something less complex or easier to understand, often by reducing the number of components or operations involved.
Economically Rational
Behavior or decision-making that is based on attempting to achieve the maximum possible benefit while minimizing costs.
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