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Difference between microeconomics and macroeconomics

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Reference no: EM133175558

1. What is the difference between microeconomics and macroeconomics?

2. What are the key elements of capitalism, socialism, and communism?

3. What is privitization?

4. Explain each of the 5 parts of the business cycle.

5. Explain the price levels: inflation and deflation.

Reference no: EM133175558

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