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Unformatted text preview: 7. Governments can sometimes improve on market outcomes. 8. A countrys standard of living depends on its ability to produce goods and services. 9. Prices rise when the government prints too much money. 10. Society faces a short-run tradeoff between inflation and unemployment....
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This note was uploaded on 02/23/2010 for the course ECON 2105 taught by Professor Smith during the Spring '10 term at Al-Quds Open University.
- Spring '10