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A temperature of 90oF with 70% relative humidity?[INSERT TABLE 5-5.]
Recession
An economic downturn characterized by a significant decline in economic activity across the economy lasting more than a few months.
Educational Backgrounds
The formal schooling and training an individual has received, including degrees, diplomas, and certifications.
Scarcity
A fundamental economic problem of having seemingly unlimited human wants in a world of limited resources. It necessitates the need for prioritization and choice.
Economics
The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.
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