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Macroeconomics PDF
By:David G. Tuerck
Published on 2014-11-11 by Business Expert Press

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Macroeconomics is the study of the economy as a whole and of work and saving choices of individual economic agents from which macroeconomic activity emerges. This book takes an integrative approach to that topic, showing how short-run and long-run forces operate simultaneously to determine the behavior of key economic indicators such as employment and real, inflation-adjusted GDP. The first goal of macroeconomic policy is to bring real GDP into line with the maximum attainable potential real GDP—the level of real GDP at which there are enough jobs to provide employment for every person who wants to work and at which government has done all it can to eliminate disincentives for workers to seek jobs and for employers to offer them. The second goal is to promote economic growth, which means encouraging innovation and a business climate conducive to innovation. This book corrects a popular view that a protracted economic downturn is necessarily characterized by an excess supply of labor and goods and a need for expansive monetary and fiscal policies. In fact, and as was shown some 40 years ago, the problem could just as well be characterized by an excess demand for labor and goods and a need for contractive monetary and fiscal policy.

This Book was ranked at 32 by Google Books for keyword Macroeconomics.

Book ID of Macroeconomics's Books is C-hTBQAAQBAJ, Book which was written byDavid G. Tuerckhave ETAG "1xl4E4CAhpE"

Book which was published by Business Expert Press since 2014-11-11 have ISBNs, ISBN 13 Code is 9781606496770 and ISBN 10 Code is 1606496778

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Book which have "200 Pages" is Printed at BOOK under CategoryBusiness and Economics

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