1. Most countries, including Canada, import substantial amounts of goods and services from other countries. Yet this...

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1. Most countries, including Canada, import substantial amounts of goods and services from other countries. Yet this chapter says that a nation can enjoy a high standard of living only if it can produce a large quantity of goods and services itself. Can you reconcile these two facts?

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Principles Of Macroeconomics

ISBN: 9780176591977

7th Canadian Edition

Authors: N. Mankiw, Ronald Kneebone, Kenneth McKenzie

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