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consumption, take account of, manager, state, environment, include, capital, macroeconomics, economy

in a simplistic in which individuals or families produce primarily for their own economy-wide phenomena are of little importance. on the other hand, the complex financial … and production process that characterizes an advanced economy in the 1980s requires individual decision makers both the current economic environment and forecasts of the economic environment. decisions that require an understanding of the overall functioning of the economy business decisions such as whether firm should sell bonds or stock to raise new and individual decisions such as whether to change jobs or purchase a new home. whether a person «wears the hat» of an entrepreneur, a business or a head of a household, it is important to be aware of the of the economy as a whole. specific factors that determine the advisability of these and other decisions are studied as part of .

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