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We often teach in economics that when we reach equilibrium, both the seller and buyer wish to trade with one another. 1. If both parties
We often teach in economics that when we reach equilibrium, both the seller and buyer wish to trade with one another. 1. If both parties are trading, does that mean that they're happy with the trade since they all get what they wanted? Or could people still trade without being happy about the trade? 2. What does this say about the economic measurement of consumer sentiment
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