Define economics and explain why it is an important field of study. Give two examples 2. Differentiate between micro and macroeconomics. Give 2 real-life scenarios 3. Define inflation. W
1. Define economics and explain why it is an important field of study. Give two examples 2. Differentiate between micro and macroeconomics. Give 2 real-life scenarios 3. Define inflation. What are its main causes? Give at least 2 examples 4. What are the main tools...