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Copyright © 2004 South-Western 6 Supply, Demand, and Government Policies.

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Presentation on theme: "Copyright © 2004 South-Western 6 Supply, Demand, and Government Policies."— Presentation transcript:

1 Copyright © 2004 South-Western 6 Supply, Demand, and Government Policies

2 Copyright © 2004 South-Western Figure 1a A Market with a Price Ceiling

3 Copyright © 2004 South-Western Figure 1b A Market with a Price Ceiling

4 Copyright © 2004 South-Western Figure 2a The Market for Gasoline with a Price Ceiling

5 Copyright © 2004 South-Western Figure 2b The Market for Gasoline with a Price Ceiling

6 Copyright © 2004 South-Western Figure 3a Rent Control in the Short Run and in the Long Run

7 Copyright © 2004 South-Western Figure 3b Rent Control in the Short Run and in the Long Run

8 Copyright © 2004 South-Western Figure 4a A Market with a Price Floor

9 Copyright © 2004 South-Western Figure 4b A Market with a Price Floor

10 Copyright © 2004 South-Western Figure 5a How the Minimum Wage Affects the Labor Market

11 Copyright © 2004 South-Western Figure 5b How the Minimum Wage Affects the Labor Market

12 Copyright © 2004 South-Western Figure 6 A Tax on Buyers

13 Copyright © 2004 South-Western Figure 7 A Tax on Sellers

14 Copyright © 2004 South-Western Figure 8 A Payroll Tax

15 Copyright © 2004 South-Western Figure 9a How the Burden of a Tax is Divided

16 Copyright © 2004 South-Western Figure 9b How the Burden of a Tax is Divided


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