Question
A few years ago, the Nordstrom's Clothing Store in downtown Anchorage closed. Many people believe that Nordstrom sells a style of clothing that isn't sold
A few years ago, the Nordstrom's Clothing Store in downtown Anchorage closed. Many people believe that Nordstrom sells a style of clothing that isn't sold by other stores in Anchorage, which is why many people will miss it. Describe the economic effect on the Anchorage-area economy from closing Nordstrom's Clothing Store using concepts from basic or support income; multiplier, and leakage.
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