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Explain the Basic Principle of Economics ,Principles 6 to 10, and give 2 examples for each Principle ( example may be situation, illustration or case)

Explain the Basic Principle of Economics ,Principles 6 to 10, and give 2 examples for each Principle ( example may be situation, illustration or case)

Principle 6: Market Are Usually a good way to organize economic Activity

Principle 7: Government Can Sometimes Improve Markets Outcomes

Principle 8: A country standard of living depends on it'd ability to Produce Goods and Services

Principle 9: Price Rise when the Government Prints Too much Money

Principle 10: Society Faces a short-Run Trade-off between Inflation and Unemployment

Thank you so much in advance!

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