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Flow of resources from one entity to another

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ECO 372 Week 2 – Fundamentals of Macroeconomics

Consider the following examples of economic activities:

  • Purchasing of groceries
  • Massive layoff of employees
  • Decrease in taxes
Describe how each of these activities affects government, households,and businesses. Describe the flow of resources from one entity to another for each activity.
4 Pages
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ECO 372 Week 2 – Fundamentals of Macroeconomics

Consider the following examples of economic activities:

  • Purchasing of groceries
  • Massive layoff of employees
  • Decrease in taxes
Describe how each of these activities affects government, households,and businesses. Describe the flow of resources from one entity to another for each activity.
4 Pages

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