Economics is a field that exists between scientific objectivity and ... The goal is to understand the workings of the economy without bringing in personal opinions or making moral judgments.

An economy’s output of goods and services is the sum of four components: consumption, investment, government purchases, and net exports (the difference between what a country ... According to ...

It’s the difference between looking at short-term vs ... It took Ronald Reagan nearly two years to turn the economy around, beginning with the 1981 Economic and Recovery Tax Act, which substantially ...