Answer to Question #319716 in Economics for Ann

Question #319716

Why economics play a vital role in our daily lives?

1
Expert's answer
2022-03-29T16:47:36-0400

Economics affects our daily lives in both obvious and subtle ways. From an individual perspective, economics frames many choices we have to make about work, leisure, consumption and how much to save. Our lives are also influenced by macro-economic trends, such as inflation, interest rates and economic growth.


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