Business, 03.01.2020 22:31 alliemmaddox

Suppose "expectations increase dramatically" (too much "buy now" behavior) in the mini-economy and the resulting demand shift causes the average price to rise from $2.20 to $2.40 in the circular flow. in the ppf model then, the equilibrium would move from point s to point

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Suppose "expectations increase dramatically" (too much "buy now" behavior) in the mini-economy and t...