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REFLECTIVE JOURNAL how firms work and examples ? how household works and daily life experiences ? how is market related to households and firms ?

REFLECTIVE JOURNAL

  1. how firms work and examples ?
  2. how household works and daily life experiences ?
  3. how is market related to households and firms ?
  4. what is scarcity principle , with examples and how do people deal with this ?
  5. what does the government do?
  6. what does the reserve bank of newzealand do ?
  7. what is Gross Domestic Product ?

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