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SlTEOA FiveStep Approach
How the Economy Works
11 other sections not shown
Adam Smith additional income amount analysis Anna Schwartz appropriate average booms business activity changes in tax Chapter choosing a theory complex confusion contribution controls decisions deficits determine dominant econ economic issues economic thought economists economy operates economy's effect efficient evidence exchange explaining business cycles factors free enterprise free markets Friedmans Gerard Debreu government spending growth and prosperity growth path Harris Bank higher prices i i i i I i i i i identify impact important individuals inflation influence initiating cause initiating force interest rates investment Keynes Keynesian lead living standards major marginal tax rates measure ment Milton Friedman monetarist monetary policy money supply nations nomic percent period potential poverty problem real after-tax reason result role Sam's saving stimulate business structure systematic tax burden tend things tion topics U.S. economy understanding value of money voodoo economics wages Wanniski wealth Zoltar