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Why should someone study economics

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1. Why should someone study economics? Explain how the knowledge of economics benefits an earner, a consumer and a citizen.

2. A wealthy relative has given you a surprise graduation gift, 1,000. Choose from among the various investment options below and explain why you picked that one in order to provide you with both safety and a decent rate of return for a long- term investment.

a) Savings Account

b) Checking Account

c) Certificate of Deposit

d) Corporate Stocks

e) Mutual Funds

f) Bonds

Reference no: EM131518122

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