The principles of economics influence your decision making, interaction with others, and the economy as a whole. Provide one example of how you are personally affected by each of the three areas. Are you affected positively or negatively? Explain your reasoning.

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The principles of economics influence your decision making, interaction with others, and the economy as a whole. Provide one example of how you are personally affected by each of the three areas. Are you affected positively or negatively? Explain your reasoning. How do budget constraints and personal preferences affect your choices as a consumer? What are your expectations of this class?

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