1.2. When bad weather in India destroys the crop harvest, does this sound like a fall in...

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1.2. When bad weather in India destroys the crop harvest, does this sound like a fall in the total

"supply" of crops or a fall in people's "demand"

for crops? Keep your answer in mind a you learn about economic booms and busts later on.

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Modern Principles Macroeconomics

ISBN: 124428

2nd Edition

Authors: Tyler Cowen ,Alex Tabarrok

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Question Posted: Nov 16, 2024 12:00 AM

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When bad weather in India destroys the crop, does this sound like a fall in the total supply of crops or a fall in peoples demand for crops? Keep your answer in mind as you learn about economic booms...
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Modern Principles Macroeconomics

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