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However, sometimes public policy generates unintended consequences by producing results that were not anticipated. Gregory mankiw gave us ten principles of economics in his famous book “principles of economics.” “principle 4: Try to find an.

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Web basic principles of economics. 11k views 3 years ago economics: In his book, the armchair economist, steven landsburg states that “most of economics can be summarized in four words: Because rational people make decisions.

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