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Field of political economy uses the tool

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1. Consider the term asymmetric information in order to understand why some people are better informed than others, and the imbalance in information affects the choices they make and how they deal with one another.

2. Consider the term political economy, and how it's applied to the field of political economy uses the tool.

3. Consider the term behavioral economics and how it's applied to consumer into the study of economics.

Reference no: EM131626223

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