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Unformatted text preview: 2. Suppose I imposed a tax on trades so that each time a person made a trade that person would have to give me a quarter. What do you think would have happened to the number of trades? What would have happened to the total value for the entire class compared to when there was no tax? 3. Which do you think is a better system of economic organization, one without trade in which one person decides what piece of candy everyone will get, or one where people can trade for the candy that they want? Why?...
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This document was uploaded on 10/31/2011 for the course ECO ECO2023 at FSU.
- Fall '11