Identify the cause and the effect in the following phenomena in a hypothetical country: a. A surge

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Identify the cause and the effect in the following phenomena in a hypothetical country:

a. A surge in the price of goods and an increase in the workers’ income.

b. A rise in GDP and an increase in the number of university graduates.

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3E Economics

ISBN: 9781292411019

3rd Global Edition

Authors: Daron Acemoglu, David Laibson , John List

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