Foreword and Preface

Question 1

we can’t have full production with out full employment but we can surely have full employment without full production. Our focus must always be on _____ and _____.

Answer 1

we can’t have full production with out full employment but we can surely have full employment without full production. Our focus must always be on growth and production.

Question 2

the art of economics consist in looking not merely at the immediate but at the longer effects of any _____ or _____; it consist in tracing the consequences of that _____ not merely for one group but for all groups.

Answer 2

the art of economics consist in looking not merely at the immediate but at the longer effects of any act or policy; it consist in tracing the consequences of that policy not merely for one group but for all groups.

Question 3

why is the governing system in every country based on so many fallicies around economics?

Answer 3

every goverment’s economic policies are influenced if not almost wholy determined on the false premises taught in the learning institutions