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Several Theoretical Viewpoints Suggest That More Frequent Equal-Status Contact Between

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Several theoretical viewpoints suggest that more frequent equal-status contact between groups in conflict should reduce prejudice and stereotyping, including the theory of

Distinguish between objective and subjective concepts in economics.
Understand the basic definitions and principles of economics including scarcity, economic change, and resource categorization.
Understand the concept of scarcity and its implications for economic decision-making.
Recognize the role of resources in economic activities and their categorization.

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