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Economics

Consider the following statements on the basis of positive economic analysis that assumes ceteris paribus. Liston other thing that might change and thus alter the outcome stated.

a. Increased demand for laptop computers will drive up the price.

b. Falling gasoline prices will result in additional vacation travel.

c. A reductions in corporate income tax rates will result in more people working.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91272742

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