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Efforts to understand current economic conditions

Question 1) Economists normally talk about GDP even though they know that NDP is a better measure of economic activity. Why?

Question 2) What effect has globalization had on the ability of firms to specialize? How has this affected the competitive process?

Question 3) What is economics? What are the resources that are available to you in your efforts to understand current economic conditions?

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Microeconomics: Efforts to understand current economic conditions

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Microeconomics: Efforts to understand current economic conditions

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