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Sublight2097 Sublight2097
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8 years ago
A mugger steals $25 from John Doe. What can an economist conclude?
A) Nobody gained in the "exchange."
B) Both parties gained in the "exchange."
C) Only the mugger's wealth has increased.
D) Nothing, because economists study strictly voluntary exchanges.
Textbook 
The Economic Way of Thinking

The Economic Way of Thinking


Edition: 13th
Authors:
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Chimelo46Chimelo46
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8 years ago
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Sublight2097 Author
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#2
8 years ago
Seriously, you've been tremendously helpful! Thank you.
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#3
8 years ago
Glad to help you, and good luck with your course.
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