ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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1)  What is the basic structure of the Austrian Business Cycle  (i.e. what causes the business cycle, what happens during the business cycle, what are the results)?

2)  Why is the Market For Loanable Funds that we studied earlier in our class important for understanding the Austrian Business Cycle theory?

3)  How can the Austrian Business Cycle be used to explain the Great Recession of 2008 and the crash of the housing market?

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