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Determine a good identifier for each of the following entities in a program that calculates the final grade:
a) A grade on the first test of the semester
b) The total number of tests
c) The total number of homework assignments
d) The relative weight of the tests
Opportunity Costs
The cost of the next best alternative foregone as a result of making a decision.
Scarce Resources
Essential goods and services that are limited in supply relative to demand, necessitating allocation and economical usage.
Macroeconomics Question
A question that relates to the study and analysis of the economy as a whole, including issues like inflation, unemployment, and economic growth.
Constitutional Amendment
A formal change or addition proposed or made to a constitution, modifying its existing provisions or adding new ones.
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