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Milton Friedman
Part 1 of Paper ....n a Noble Memorial Prize in economics
and has also been awarded many honorary degrees by other Universities in the
United States. As you can tell, has played a significant part in
helping to solve the economy problems of the world. You've probably heard all
about his accomplishments and awards he has received, but wha.... Part 2 of Paper ....omic hardship
by saving their money, but because my spending is part of your earnings, my
decision to hoard money makes things worse for you and you, responding to your
own difficult times, will start hoarding money too, making things even worse for
me. So actually, everything is related. People hoard money in difficult time s,
but times become more difficult when people hoard money. That was basically how
Keynes explained the recession. He also came up with a solution to it.
The cure fo.... |
Number of words: 1035 - Approximate pages: 4 |
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