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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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