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IUPUI X105 FINAL EXAM: 1-5 2025 QUESTIONS AND ANSWERS
IUPUI X105 FINAL EXAM: 1-5 2025 QUESTIONS AND ANSWERS
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IUPUI X105 FINAL EXAM: 1-5 2025 QUESTIONS AND ANSWERS
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| Uploaded on: | September 7, 2025 |
| Last updated: | September 7, 2025 |
| Number of pages: | 19 |
| Written in: | 2025/2026 |
| Type: | Exam (elaborations) |
| Contains: | Questions & Answers |
| Tags: | IUPUI X105 FINAL EXAM: 1-5 2025 QUESTIONS AND ANSWERS |
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IUPUI X105 FINAL EXAM: 1-5 2025 QUESTIONS AND ANSWERS Definition of Business - ....ANSWER ...-Satisfying the needs of customers by providing goods and services for a profit. Why study business? - ....ANSWER ...-1.) To choose a career 2.) To improve your career 3.) Become better informed consumer and invester 4.) Become more influential community member 5.) Benefit society Economics - ....ANSWER ...-The study of how wealth is created and distributed Microeconomics - ....ANSWER ...-focuses on decisions made by individuals and businesses Macroeconomics - ....ANSWER economy - ....ANSWER ...-focuses on national and global concerns ...-the process or system by which products (i.e., goods and services) are produced, sold, and bought in a country or region ...©️ 2025, ALL RIGHTS RESERVED 1
