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Emotional aspect to question four

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Reference no: EM132240950

Yes, there is an emotional aspect to question four. For example, if people see a little inflation instead of deflation, they are likely to see a good future. Both consumers keep and businesses keep spending. If they see a dark future, people and firms spend less.

Do laissez-faire economies actually exist in the real world (have they existed)?

Reference no: EM132240950

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