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Who disproved the theory of spontaneous generation?
Social Costs
Refers to the negative externalities that arise from economic activities, impacting society or the environment, not accounted for by the market.
Macroeconomics
Study of a nation’s overall economic issues, such as how an economy maintains and allocates resources and how a government’s policies affect the standards of living of its citizens.
Buyers' Incomes
The total earnings or revenue of purchasers, which directly impacts their purchasing power and demand for goods and services in the market.
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