Go to the following websites and answer the questions in your own wordsIntro to Economics
1 Define economics
2 List the four economic resources. GIVE AN EXAMPLE OF EACH
3 What payments are received by those who provide the eonomy
with the above resources
4 What are three types of economic sysytems ? Give an example
5 List and describe each of the factual tools used by eocnomists.
give an example of each
6 List and describe each of the theoretical tools used by economists.
Give an example of each.