Develop the ability to summarize an argument, understand economic reports, and to discern between positive and normative statements.

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Develop the ability to summarize an argument, understand economic reports, and to discern between positive and normative statements. • Develop the ability to summarize an argument, understand economic reports, and to discern between positive and normative statements.”SO FAR WE HAVE LEARNED ABOUTgdp and economic growth, nominal vs real values, unemployment and inflationaggregate demand and supply with AD/AS Model & GrowthKeynesian and Neoclassical perspectives, the Philips curvemonetary policy, banking regulation, defining moneytrade balances, capital flows, exchange ratesgovernment spending, borrowing, budgetetc..






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