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| Topic: |
Business
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| Number of pages / Number of words: |
2 / 406 |
Essay's paper body
In a small town of mechanized creatures unaffected by the outside world, perhaps pure capitalism would work as illustrated above. Reality, of course, does not support this model of perfection. Consumers are fickle, the economy is global, and information is imperfect. As a result, contractions and expansions of an economy's real output over time are inevitable...
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In a small town of mechanized creatures unaffected by the outside world, perhaps pure capitalism would work as illustrated above. Reality, of course, does not support this model of perfection. Consumers are fickle, the economy is global, and information is imperfect. As a result, contractions and expansions of an economy's real output over time are inevitable...
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