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Directions. Answer the following questions intelligently. (10 points each) 1. In what way is applied economics important in tackling economic issues or problems of the

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Directions. Answer the following questions intelligently. (10 points each) 1. In what way is applied economics important in tackling economic issues or problems of the country? 2. It is said that we cannot solve economic problems by making economic solutions alone. If this is so, why and why not

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