The economy recorded a negative growth.

Contraction

Now what does that mean?

Guys, systolic's in freefall.

You're saying that the bottom line is more important than helping people.

We were a little impatient so we wanted to sort of speed things up a bit.

Microeconomics .. and those actors could be firms, could be people, it could be households.

Well, an orgasm is simply a series of muscle contractions.

Gravity wins over all other known forces.

The ventricles are very strong, right? We know the ventricles are really really strong.

THE ENVlRONMENT INFLUENCE

And we've heard a lot about how economies function.

And when we talked about how would we measure the economic activity in this island right over here how would we measure its gross domestic product (GDP) we said, well, look, we could measure it in multiple different ways as it's leaving his hands, the dollars, and it's going to the firm, you could view it as a total expenditures, or as it's approaching the firm, that's the same thing as the total revenue for this firm.Total revenue for this firm, simplified one firm economy.

You squeeze your hand, these muscles contract.

And some of that, in fact, is due to the fact that we've had an economic recession.

So did we recover the cylinder?

How much do you prefer a first born son?

Simple economics.

That is

What happens after this? The ventricles are full of blood and let's say they squeeze.

You can actually now in diastole move some blood forward because the elastic energy is recoiling like a rubber band, and that energy has to go somewhere.

a latticework on which to hang your ideas.

Then the other thing happened.

They wanted us to be concerned about social issues.

We were having negative per capita growth.

The lowest percentage of entrepreneurs starting businesses.

On paper the country was doing great.

Then the economy boom!

And that's basically what's called a power amplification system.

Myo means muscle. While I'm on the myocardium, let me just point out one more thing.

A nice thing. If you haven't seen it yet, come and experience the Solidarity Economy.

And macro economics is probably more guilty of it.

With the Put Out system?

Let us take a look at the world situation today.

Economic development forum.

Inin energy, and logistics, and finance.

Whether it's national economics, family economics, or personal economics, it's not something where sloppy accounting is good enough.

And the same thing happens at the 50th percentile, around 80,000.

Economics is the study of economic mechanisms.

Wait, what? Y'all were looking in my house?

But today, finally, after economic reforms, and economic growth,

You'll hear S1 again over here and S2.

The U.S. is a service economy.

The bottom of the pyramid is benefiting hugely from technology.

In other words at some point when we've recovered we go up to the peak.