Tuesday, November 4, 2014

Megan Thurow, ch 10, question 2

in this chapter of naked economics Charles Wheelan discuses inflation and its effects. Something that effected me was the comparison of the PT cruisers and Chrysler. I found it interesting that the same thing that happened to the company happens to our economy in general. One point was when there is a high demand for labor the union will demand higher wages. I thought that was interesting how you can compare a company to the economy.

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