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Term for Identification: Aryans

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Term for identification: Aryans


Definitions:

Positive Economics

A branch of economics that focuses on describing and explaining economic phenomena as they are.

Normative Economics

A branch of economics that expresses value judgments about economic fairness or what the economy ought to be like.

Microeconomics

Microeconomics analyzes individual decision makers and markets, focusing on supply and demand, price, and output decisions in individual markets.

Production Possibilities Frontier

A depiction that captures every maximum production possibility for two specific commodities, predicated on a range of inputs that includes resources and additional variables.

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