Economics Is Hard, Even for Harvard Ph.D.sPeter Coy
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A capital budget will often span many periods and potentially many years so companies often use discountedcash flowtechniques to assess not only cash flow timing but also implications of the dollar. Currencies often become devalued as time passes. A central concept of economics is that a dollar ...
At the same time, the nature of digital technologies could fundamentally reshape industry structures and economics in a way that could create new obstacles to productivity growth. Could long-term demand drags, amplified by digital, and potential industry-breaking effects of digital limit the ...
Stagflation is acombination of three negatives: slower economic growth, higher unemployment, and higher prices. This is a combination that isn't supposed to occur, in the logic of economics. Prices shouldn't go up when people have less money to spend. ...
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Productivity measures the amount of value created for each hour that is worked in a society. Three gear wheels in contact You probably knowthat the amount of work you can get done in one day is your rate of productivity. Productivity in economics is pretty much the same as productivity at ...
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