Chapter 8 Vocab
About this set
Created by:
Drrude11 on October 30, 2010
Subjects:
Description:
Vocabulary from Chapter #8 (Thinking Like an Economist) in Mankiw Book
Classes:
LArch at the U of M, Horticulture at the U of M
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2 terms
Terms | Definitions |
|---|---|
 Deadweight loss | the fall in total surplus that results from a market distortion, such as a tax |
| Underground economy | "under the table" |
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