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    Principles of Economics Study Set 8
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    Exam 2: Thinking Like an Economist
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    Figure 2-12 ​
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Figure 2-12 ​

Question 4

Question 4

Short Answer

Figure 2-12
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Figure 2-12 ​    ​ ​ ​ ​ ​ -Refer to Figure 2-12. What are two elements not included in this figure that could be included in a more complex model? ​
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-Refer to Figure 2-12. What are two elements not included in this figure that could be included in a more complex model?

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