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blends freebie - ,QLWLDO &RQVRQDQW %OHQGV 5XOH...

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Unformatted text preview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µU¶ VD\V µHU¶ 6R ZKHQ WKH\ UHDG VRXQGV OLNH µEU¶ WKH\ VD\ µEHU¶ RU UHDG µWU¶ DV µWHU¶ ,W LV EHWWHU WR VD\ µU¶ DV LQ µUXJ¶ RU µUXQ¶ ,I WKH\ KDYH EHHQ LQFRUUHFWO\ WDXJKW WKH\ ZLOO QHHG TXLWH D ORW RI SUDFWLFH WR EUHDN WKLV EDG KDELW $FWLYLW\ 0DNH LQLWLDO FRQVRQDQW EOHQG IODVK FDUGV RXW RI WKH SLFWXUH ZRUNVKHHW RQ WKH QH[W SDJHV 7KH VWXGHQW FDQ WLFN RII HDFK EOHQG WKH\ FDQ UHDG LQ WKH ER[ XQGHUQHDWK %/(1' 7,&. %/(1' 7,&. %/(1' 7,&....
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This note was uploaded on 11/07/2011 for the course ECON 1129863 taught by Professor Stewart during the Spring '11 term at ENSEA.

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blends freebie - ,QLWLDO &RQVRQDQW %OHQGV 5XOH...

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