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please help me answer those question Briefly describe the logical connection between the categories of action, causality, time, and uncertainty. How do higher-order goods derive
please help me answer those question
- Briefly describe the logical connection between the categories of action, causality, time, and uncertainty.
- How do higher-order goods derive their economic value?
- Is it possible to "test" counterfactual economic laws? If you answer yes, compare this method of testing to that of the natural sciences. If you answer no, how can we know that economic laws are true?
- What is the "Broken Window Fallacy"? What is the major lesson of Bastiat's parable?
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Macroeconomics
Authors: Glenn Hubbard, Anthony Patrick O'Brien, Matthew P Rafferty
1st Edition
978-0132109994, 0132109999
