to affect economic _Prxfocmar
Maceneconomics i the stud of
“level of @conomY 04 a tohole. Tauss,
ta _macvorcomumins, le atk of O.99xe Sorte
for all Jeod4 Gna Sewiik
i _matxn econoimists addvess
FoWinrain’ 22
i ieee
jonal |
ion’, Economic activity to Pyaeons Fomor Gea |
Tecianmic Gaui timo, the
vil emPioYment fr an conden. The |
OF CConomic _Gxawth exe fncvedse tn
 
  
  
 
  
 
 
CaPita GDP Co Pex Casita Trtome.) oven
 
 
 
 
time.
 
 
Econpmic Gxowta ts desived because it Permits an intver
 
  
in Pec GaPlia informe levels, Yoisin’ tHondacd ot Livi
 
 
Poverty. ee setae a a
 
 
for instonce, in (89 Pee Canto in
 
  
lncloat than in Argentina. But today?
 
 
thee: times high in powou a4 in Argentw= The Peices ond cutout of
   
eee
own 44 ade C¥cle or Busi
re of buxiness CUcle t=
hb CDePression ) t= The chi
high UnemPio¥ment, lou demand, loud Pyotits. TP the bettam |
 
 
 
 
 
 
fle cave t= The Chaves ciewistios of xecoverd oxtecke ia |
avne. emPloY ment, Infome, demand _cind Consumec SRending. |__|
avS.
:
Peak CBoom) i= Peak is the top of ‘business Coie. At this
 
 
 
Production Cafcity {5 utilized to o maximum level: The to?
of aboe-eeni deans vec ts Calel-e- Geom — |
 
 
 
 
 
 
 
Recession 2= im ne Cocetton ox Doan tm
Stein lance A ae ar aa
€conorme —o
 
-
in demand, fall in Production, EmPryment and Pott. A
 
 
 
 
lon nnnemPlo¥ment finan
5 Was original due: to high sate oF
; The highest and _mast= Px f
occuved durtind the Great DePeessi
lune nnPloument ede Wns 26%.
a
EP =! «Pring ne Prcototenn of
lo ment. Maia wien d of sneluring ee ae Sec
the inlecventionof the. Savéieneneak tae Cant
|
cxoeconomics is the
Uneendeset ee
ike India. T+ is Qn -eQunl ian Garda Elie Eo eelComino diti
   
  
Period of tim:
 
 
Du
HPxclasin Pause af Peorie
  
Wt
 
 
    
 
aPfects People differenti. Carl. Vi
NobberY. “In Platios
[erent we
 
 
must b
YA Calted
WstWirna stvaehcam anna
Ibs | Policy and Moncton Policy
te level of infink
us.
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Hy
In the. cea
us
  
     
 
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in _Qatroliind f@lativy
6 Gs eoament= Conte)
M
 
InGcease iy
thi
The Pexrewtad
a Nene 1 Call
| {nPlotion cate in Consumer
lee Inflation ma ary, 6 om 1
fin lew = in® lation Counhies. (such,
le : (Ga
ees eee
Beret Mn@lotion
low
im
Savie# uni
tind yee a
—
inPlaHon vote.
ee
Uewn oe lley
shes if a
toy Pe: 1
Pe os
Laitzes land) a 1
uch ai. Aes
foe 1990.) Thet Have
2 che ciiae e ae n:
   
2
Such 4 r
 
 
eenathional ECanomy
 
 
   
 
ae
[Ne Te,
rave Seer
ONS0 Studi
19 nt Cicanee (he Mac
Conoco,
9 cind
orn
Today every Maic
£xtensive vad!
Nationa! ecanami
nt
tional trade, tarih6 Pmtection bo
Intevact econ wmicallY uo}
 
{ode cmond hie ene \
rowing e4o |
Canomi ¢ |
sot Pein_@ConomY, Or One|
Firencal velahionshie Lolth
Contrast a Clo
an
  
  
 
th the ved oP the loovig)cind monet 4uePN, in odes influence
 
the €ConomY. [ih interest
 
senses lowers the demand inthe
 
 
 
 
 
Thus. the mone tnd PovicY and Piscal Polity. te the arteeeCiveducin’ dector)
ovecament Sectow
OP the lovid Cfoclan Sector)
The _Cixculaxe Plas of income and Produ
pO Joos and