Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter18: Six Debates Over Macroeconomic Policy
Section: Chapter Questions
Problem 8PA
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a) Discuss whyit is important for the citizens of your country to understand issuessurrounding the business cycle
b) Sensitize the citizens about the Okun’s and says laws, and demonstrate to them which of the two is more relevant to a modern day economy
c) Discuss to the citizens of your country why it is crucial for them to understandmechanisms of consumption and savings model.
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