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Home/ IB Economics SL Heitmann/ Contents contributed and discussions participated by surajsorab

Contents contributed and discussions participated by surajsorab

surajsorab

U.S. Economy Grew at 4.6% Rate in Second Quarter - 2 views

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    After a seemingly turbulent beginning to 2014, the economy is growing again in its normal business cycle routine. The main graph depicts the business cycle with periods of economic expansion and contraction.
surajsorab

The End Of Elastic Oil - 7 views

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    This article looks at the Elasticity of Demand and Supply for oil. The increased costs of the production and higher prices are not leading to a fall in demand, but instead a fall in the elasticity of demand.
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