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These features are very student-focused. Chapter 3 6. Households and economies have much in common. Step 2. Macroeconomics is the study of large scale economic issues such as those which affect the entire economy. Textbook Authors: Mankiw, N. Velocity is a measure of how often money "turns over" in a period. London and New York: Routledge, — Mankiw , G. Principles of Economics. For introductions to neoclassical economics at different levels of technical sophistication , see Mankiw , Principles of Economics , 7th Edition ; Mas-Colell, Whinston, and Green, Microeconomic Theory; Krugman, International Economics.
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These questions have been written by many contributors. C a market for a commodity does not exist. B consumer equilibrium points. The second section is the free-response section, which includes one long question and two short questions. Exports, Foreign tourism etc.
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