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Illustrate the UK macroeconomic performance
UK macroeconomic performance must be judged on economy's long-term ability to produce growth, create jobs and improve living standards, control inflation and run equilibrium on current account of balance of payments. This answer considers and then evaluates every one of these in turn before coming to an overall conclusion on whether the growth of developing market economies has improved or deteriorated UK macroeconomic performance.
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differentiate among the theory of external trade
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In the view of above complications, there is a long-standing debate on whether the fiscal policy should be active or passive in nature. Note that in the Keynesian context; even a p
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