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Refer to the scenario above. If you are told that the increase in emerald sales was due to an ...
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Refer to the scenario above. If you are told that the increase in emerald sales was due to an ...
Refer to the scenario above. If you are told that the increase in emerald sales was due to an increase in the supply of 1-carat commercial grade emeralds, you can conclude that commercial grade emerald prices ________.
▸ increased
▸ decreased
▸ remained constant
▸ was uncertain
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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