Static, in this context, means that something is unchangeable and fixed.
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Q6: Economic flow or circulation was introduced by
Q7: The term "homo economicus" - economic man
Q8: The book discusses two opposing systems of
Q9: Evolutionary development means that something changes gradually
Q10: In this context if something is dynamic,
Q12: Determinism implies that every event is predetermined,
Q13: Voluntarism is the idea that human will
Q14: Frank Knight differentiated between uncertainty and risk,
Q15: A central linchpin in the Austrian School
Q16: An essential feature of the Austrian School
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