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Chapter 2 Macroeconomics Myth and Reality
- Textbook notes • 4 pages • 2019
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These notes are an extremely simplified approach to 2-1 The American Economy, A. A Private-Enterprise Economy, B. A Relatively Closed Economy, C. A Growing Economy, D. But with Bumps Along the Path. 
 2-2 Labor and Capital A. The American Workforce and who is in it, B.What does it do C. The American Workforce: What does it earn D. Capital and its earnings
2-3 The outputs: What does America produce 
2-4 The central Role of Business Firms
2-5 Whats Missing From the Picture? Government A. Referee ...
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