lectur5-page46 - u One of the functions of PRICE is to...

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46 46 Time u There is always what we call a LAG in response to changes, or shocks to the economic system.
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Unformatted text preview: u One of the functions of PRICE is to ration out resources and commodities over time....
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This note was uploaded on 12/29/2011 for the course ECO 210 taught by Professor Malls during the Fall '10 term at SUNY Stony Brook.

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