Examlex
__________is the ability to anticipate, envision, maintain flexibility, and work with others to initiate changes that will create a positive future for an organization.
Macroeconomics
The branch of economics dealing with the structure, performance, behavior, and decision-making of an economy as a whole, rather than individual markets.
Microeconomics
The branch of economics that studies the behavior of individuals and businesses in making decisions on the allocation of limited resources.
Opportunity Cost
The cost of foregoing the next best alternative when making a decision.
Positive Statements
Assertions about the world that are objective and can be tested by referring to the available evidence.
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