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Nov 23, 2024
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ECON 0202 - Principles of Economics II Credits: 3 Semester: 1st and 2nd Semester and Summer. Lecture: 3 The first part of this course sequence deals with the aggregate volume of the output of the American Economy, with the extent to which its resources are employed, with size of the national income, and with the “general price level.” The second part deals with division of total output among competing uses. It considers problems of income distribution. Its interest is in relative prices of particular goods and services.
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