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Home › Economics Help › Prices are signals that tell us what to do—prices are mac...
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Prices are signals that tell us what to do—prices are macroeconomic but what we decide to do with prices is microeconomic. Another signal is the interest rate—the price of borrowing money. Wages are signals about the price of labor. We respond to these signals and, as we do, the economy adjusts.

Date Posted: 06/11/2020
Category: Economics
Due Date: 08/11/2020
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