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...Economy Introduction Economics, the knowledge of generation, use, and transfer of wealth, is an essential element to every society. This is majorly because availability of resources is essential to meeting different needs, both social and entrepreneurial. While microeconomic concepts affect individuals or small groups of people and can be controlled at such levels, macroeconomic elements are felt at national levels and are influenced by national and international policies. This further identifies political factors to economics. This paper addresses Mr. Romney, the Republican presidential candidate, on what he should do with the economy, by identifying...