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Abstract: An 8 page paper. This paper discusses several different questions that include: externalities and the market economy; free international trade; whether inflation or unemployment is worse for the economy; the importance of interest rates in the macroeconomy; how the Fed conducts open market operations and how this affects interest rates; the Phillips Curve method/theory; the tools the government has to stabilize the economy. Bibliography lists 11 sources.
Catagory: Money & Banking / Corporate Finance
Subcatagory: Accounting & Personal Finance
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