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Consider following events and markets: -OPEC reduces output [market: oil] -Unusually rainy winter in New York City [market: umbrellas in NYC] -Soccer Champions League ?nal
Consider following events and markets:
-OPEC reduces output [market: oil]
-Unusually rainy winter in New York City [market: umbrellas in NYC]
-Soccer Champions League ?nal in Madrid [market: Madrid hotels]
-Unusually low catch of sole ?sh [market: sole ?sh]
Which of the four correspond to the four cases considered in Figure 4.3?
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