=+You are told that the economy is significantly below its potential output, and that the following will

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=+You are told that the economy is significantly below its potential output, and that the following will happen next year. World income will fall significantly; and the price of oil will rise signifi- cantly. (The United States is an oil importer.)

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Economics

ISBN: 9780071214476

5th Edition

Authors: David Colander

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