Summary
Economics for business (third edition) – Begg and Ward Economics II – summary Chapter 9 – Introduction to the macroeconomy
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- Institution
9.1 Business problem: business cycles and economic uncertainty - Process of buying a new house and buying a new production facility the same - Two issues: How much should you offer for the new house and how much can you afford to borrow? - Business cycle will affect the success of the investme...
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