How to Improve Our Standard of Living by Understanding Basic Economics

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Read online or download

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ISBN-13:
2940152908978

Publisher:

Pimarn Charn

Date of publication:
07/03/2016

sold:
Smashwords

Format:
PDF

File size:
1 MB

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Read or Download PDF book How to improve our standard of living on Understanding the Basics of Economics -

It is necessary to improve our standard of living # 8211; Then I read this book

Our standard of living has much to do with the economy, especially our family # 8217; financial position. We need to understand the basic economic and use it to create our well-being and become richer.

The reader or a student or a student of economics, it is proposed to use this information and make a decision on how the reader wants to see a better life here on out. Most importantly, this book will help the reader to improve the well-being and becomes richer.

For those students who really studied economics in school, many of them would forget that they have to learn how to apply the knowledge to their own advantage. In the real, practical world, most people are not aware that they are part of the economy and influence the economy every day in everything that they do and decide. Economics deals with human well-being, thus directly affects our well-being and / or our standard of living. Therefore, it is very important for everyone to know this information and use it in their best interest.

We have always heard from a number of media about the economy. How cheap or how expensive some of the specific goods or services. What is the value of our country's # 8217, S currency for exchange with other countries # 8217; s currency. The fact that our government decides to make their budget, to control inflation and adjust interest rate.

When you listen to and read about the economic substance of the media, most of the time, we feel as if we have been excluded from these expert groups of people. They use highly technical language that has a lot of sense for them, but we can not make any meaningful sense of it. It goes without saying that we often intimidated with this information. By understanding the basic information in this book, we will be comfortable and enjoy reading or listening to more and more of what these experts have to say or write.

In this book, we will, at least, answer the following questions. What is the economy and what are the factors of influence on the economy? What is the impact of market competition in the individual or family home units? What is the gross domestic product (GDP), and why it is connected with our performance? With inflation and deflation, and how do they affect us? Is there a link between inflation and interest rates? Why we were charged a higher interest rate and how much our hard earn money in the end? What is the level of unemployment and its impact? Are they any correlation between our salaries and unemployment? What has this level of unemployment is due to inflation, and our labor market? How can the government bring to the economy? What are the fiscal and monetary policy? What is the role of the central bank? As government policies affect us? As globalization and the involvement of the us? And, finally, how we can create wealth and live better on the bottom line?

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