290360
| Question | Answer |
| Economist | Some who studies economics and writes about economic policy. |
| Scarcity | We have a limited availability of resources so cannot satisfy all of our needs and wants. |
| Quota | An import quota limits the number of imports from the foreign countries to protect home producers. |
| Subsidy | Paid by the government to home producers to help keep prices competitive compared to foreign imports. |
| Interest Rates | The charge for borrowing money and the reward for saving. |
| Discrimination | When one person/group of people is treated unfairly. |
| Risk Assessment | A process of identifying potential risks and the steps that will be taken to minimize them. |
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