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Which of these is an important factor promoting increased international trade? a. the reduction of trade barriers b. the regulation of the international banking system c. the decrease of workers' wages d. the comparative advantage of developed countries
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Crowding out is a phenomenon focused upon most by the macroeconomists of whereby a government deficit interest rates, which in turn private investment spending. this group also believed that fiscal policy is the only thing that can lower natural unemployment. is just as effective in countering recessions as monetary policy. can be used most of the time, but monetary policy becomes a better option when velocity is fluctuating. should be used only if the central bank follows a monetary policy rule. faces problematic lags in propagating changes throughout the economy.
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Emerson has an associate degree based on the chart below how will his employment opportunities change from 2008 to 2018
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Which factor determines who a society will produce goods and services for?
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