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    Microeconomics Theory and Applications Study Set 2
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    Exam 19: General Equilibrium Analysis and Economic Efficiency
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    A Change in Equilibrium in One Market That Affects Other
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A Change in Equilibrium in One Market That Affects Other

Question 46

Question 46

Multiple Choice

A change in equilibrium in one market that affects other markets is called:


A) a multiplier effect.
B) an external effect.
C) a spillover effect.
D) a lagged exchange effect.

Correct Answer:

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