Economics: Reality Through Theory

agricultural amount areas average bank become benefits billion bushels capital cause cents Chapter cities commodities compared competition considered consumer consumption cost countries curve demand discussed dollars economic effect employment equal equilibrium example exports extra fact fall farm farmers federal Figure firm force foreign greater growth higher important income increase individual industry inflation interest investment keep labor land less limited lower marginal means ment monopoly national income output payments percent percentage period person poor population poverty problems production profit quantity raise reasons received reduce Reserve result rich rise saving sell shows situation social spending steel supply Suppose Table theory tion trade unions United utility wage workers