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Khan Academy: Introduction to Scarcity and the Economic Way of Thinking

Curated by ACT

In this exercise, practice what you have learned about learning objective MOD-1.A from the AP Macroeconomics course and exam description. Topics include the definitions of economics, microeconomics, and macroeconomics, positive and normative analysis, and the four factors of production.

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Classroom Considerations
  • Knovation Readability Score: 4 (1 low difficulty, 5 high difficulty)
  • The intended use for this resource is Practice
Common Core