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Macro 6
- 6. Rule of 70s
2 = 1 x ert
ln 2 = ln 1 + (r x t)
ln1 = 0
ln 2 = 0.69314 = 0.7
double = 70/r
page 63
- 14. Big Ideas
Trade & Comparative Advantage
Supply and Demand
Shifts
Equilibrium
Price System
Price Floors and Ceilings
Exam 1