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Wearing the most expensive watch to demonstrate your wealth Visiting the same supermarket every day Purchasing the expensive items, but not demonstrating it publicly in
Wearing the most expensive watch to demonstrate your
wealth
Visiting the same supermarket every day
Purchasing the expensive items, but not demonstrating it
publicly in order to avoid the envy of the others
Buying a cheaper second-hand bike to save money
Q25.
What did Keynes mean when he said that 'in the long run we
are all dead'?
long run perspective is irrelevant for informing
macroeconomic policy
macroeconomic stability cannot be achieved in the short
run
global economy is facing a catastrophe
humans are mortal
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