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A real life example of how a system can be used, describing a specific task done with the system, that are easy for stakeholders to relate to is called _____?

User Tristan G
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Final answer:

The stock market is an example of a system that can serve as a metaphor for micro and macroeconomics.

Step-by-step explanation:

An example of a system in the real world that can serve as a metaphor for micro and macroeconomics is the stock market. The stock market is a complex system where individuals and organizations buy and sell shares of publicly traded companies. This system reflects the principles of supply and demand, competition, and the overall health of the economy.

For example, let's say there is positive news about a company, such as higher than expected profits. This news can lead to an increase in demand for the company's shares, resulting in an increase in the stock price. On the other hand, negative news can lead to a decrease in demand and a decrease in the stock price.

User Udo Klein
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