In the long run, our economy continuously grows. Along this growth path, there are periods of contraction that may lead to a recession or depression, as

In the long run, our economy continuously grows. Along this growth path, there are periods of contraction that may lead to a recession or depression, as well as periods of expansion that may lead to inflation. These fluctuations in the economy impact employment, prices, wealth, distribution of income, and stability. Given the harmful effects of […]

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