=+ 2. A farmer grows a bushel of wheat and sells it to a miller for $1.

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=+ 2. A farmer grows a bushel of wheat and sells it to a miller for $1. The miller turns the wheat into fl our and then sells the fl our to a baker for $3. The baker uses the fl our to make bread

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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