Surplus of the good
Describe when there will be a surplus of the good?
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When the real market price is more than the equilibrium price, then there will be a surplus of the good.
Question: Why might it be difficult for the Fed to formally adopt inflation targeting? Would inflation targeting be a good policy for the Fed in the present economic environment? Q : Weighed marginal cost and marginal Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
Cite examples of recent decisions that you made in which you, at least implicitly, weighed marginal cost and marginal benefit?
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