Applied Economics

What factor affects the overall health of the economy like inflation, unemployment rates, and economic growth?

• Economic

• Political

• Social

• Technological

The rise of online shopping changed the retail industry, among the factor listed, which of these can be associated with the rise of online shopping?

• Economic

• Political

• Social

• Technological

What factor connects to the idea that the environment, businesses may need to offer eco-friendly products to stay competitive?

• Economic

• Political

• Social

• Technological

What factor focuses on the idea that government’s laws and policies may affect the economy?

• Economic

• Political

• Social

• Technological

What is refers to the interaction between the social and economic habits of group of people?

• Economy

• Sociology

• Exchange rates

• Socio-economy