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11 Pages Essays / Projects Year Uploaded: 2021

Macroeconomics studies the aggregate behaviour of the entire economy. It is important to remember that scarcity extends beyond the decision-making of individuals in households and businesses. Government officials, citizens and public workers also have limited resources to satisfy a burgeoning list of wants and needs, and the reality is that in public life, as in private life, choices have an opportunity cost. Public choices like private choices driven by goals. Through government, we establish economic goals and design policies to achieve them. Every country has macroeconomic goals that it wants to achieve. These goals


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