Multiplier and the
Prof. Abdelhamid Mahboub
Supplementary to Chapter 11
This is not a separate chapter.
It is rather a supplementary to
chapter 11. It builds on the
material there and adds the
topic of fiscal policy
Markets and Prices
A market is any arrangement that enables
buyers and sellers to get information and do
business with each other.
A competitive market is a market that has
many buyers and many sellers so no single
buyer or seller can influence the pr
You are studying economics at a time of
Your life will be shaped by the challenges
you face and the opportunities that you
But to face those challenges and seize
the opportunities they present, you must
understand the power
Why does food cost much more today than it did a
few years ago?
One reason is that we now use part of our corn crop
to produce ethanol, a clean biofuel substitute for
Another reason is that drought in some parts of the
world has decreased glob
Quiz 1 Topics
What is Islam?
the term (religion)
It referring to a relationship between man and
God, or worshipping God.
Islam more than a religion.
Islam is a Way of life.
Islamic teachings covers All Mans relation with
his creator, other pe