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File: Neoclassical Theory Pdf 126982 | Glossary 0
ECONOMICS FOR EVERYONE: ON-LINE GLOSSARY OF TERMS & CONCEPTS By Jim Stanford © Canadian Centre for Policy Alternatives, 2008 Non-commercial use and reproduction, with appropriate citation, is authorized. This ...

icon picture PDF Filetype PDF | Posted on 12 Oct 2022 | 2 years ago

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...Economics for everyone on line glossary of terms concepts by jim stanford canadian centre policy alternatives non commercial use and reproduction with appropriate citation is authorized this contains technical descriptions all the in highlighted small capitals italicized within definitions are themselves defined elsewhere cross reference absolute poverty respect to an material standard living someone absolutely poor if their income does not allow them consume enough purchase a minimum bundle consumer goods services including shelter food clothing alternative approach measure relative accelerator investment spending stimulates economic growth which turn further as businesses enjoy stronger demand products positive feedback loop causes more called allocative efficiency neoclassical concept referring allocation productive resources capital labour etc manner best maximizes well being or utility individuals automatic stabilizers government fiscal policies have effect automatically moderatin...
								

							

						
	
												
				
					
					
					
			
					
				
				
		
	

	
		





	

	
				

						

						
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Posted on: 12 Oct 2022 | 2 years ago
										
										
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