Macro Unit 1 Summary- Basic Concept and Demand/Supply

Macro Unit 1 Summary- Basic Concept and Demand/Supply

Assessment

Interactive Video

Business

11th Grade - University

Hard

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This video by Jacob Clifford provides a comprehensive overview of macroeconomics, covering key concepts such as scarcity, opportunity cost, economic systems, and the production possibilities curve. It explains comparative advantage and trade, and delves into supply and demand dynamics, including equilibrium and market shifts.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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