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5 Inviolable Principles of economics
1. Exclusion of Local residents
2. Exclusion of time-switchers/casuals
3. Use of Income rather than sales output measures
4. Use of multiplier coefficients over multipliers
5. Careful interpretation of employment measures
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What are the five basic economic goals guiding society choice of system?
*Quick Note* If you have the economics textbook that I have [ California Prentice Hall: Economics: Principles in Action// by Arthur O' Sullivan and Steven M. Sheffrin] Then you can find the answers on pages 26 && 27. They are the green subtitles! Answer: The 5 economic goals are: [A] Economic Efficiency [B] Economic Freedom [C] Economic Security and Predictability [D] Economic Equity [E] Economic Growth and Innovation XoXo Katt
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What are the five basic economic goals guiding society choice of system?
*Quick Note* If you have the economics textbook that I have [ California Prentice Hall: Economics: Principles in Action// by Arthur O' Sullivan and Steven M. Sheffrin] Then you can find the answers on pages 26 && 27. They are the green subtitles! Answer: The 5 economic goals are: [A] Economic Efficiency [B] Economic Freedom [C] Economic Security and Predictability [D] Economic Equity [E] Economic Growth and Innovation XoXo Katt
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