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Transparency Masters for Essentials of Economics PDF

116 Pages·1982·6.39 MB·English
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TRANSPARENCY MASTERS for ESSENTIALS OF ECONOMICS GWARTNEY · STROUP · CLARK ACADEMIC PRESS A Subsidiary of Harcourt Brace Jovanovich New York London Paris San Diego San Francisco Sqo Paulo Sydney Tokyo Toronto Copyright© 1982, by Academic Press, Inc. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, or any information storage and retrieval system, without permission in writing from the publisher. Permission is granted, until further notice, to reproduce these masters to make transparencies for classroom use, provided that the copyright notice on each master appears on the transparency. Academic Press, Inc. Ill Fifth Avenue, New York, New York 10003 United Kingdom Edition published by Academic Press, Inc. (London) Ltd. 24/28 Oval Road, London NW1 ISBN: 0-12-311034-3 Manufactured in the United States of America EXHIBIT AND CORRESPONDING PAGE NUMBERS TEXT PAGE Exhibit 1 page 1 24 Exhibit 2 page 2 24 Exhibit 3 page 3 25 Exhibit 1 page 4 42 Exhibit 2 page 5 42 Exhibit 3 page 6 45 Exhib it 4 page 7 47 Exhibit 5 page 8 49 Exhibit 6 page 9 49 Exhibit 7 page 10 51 Exhibit 9 page 11 53 Exhibit 10 page 12 54 Exhibit 1 page 13 67 Exhibit 2 page 14 68 Exhibit 3 page 15 70 Exhibit 1 page 16 90 Exhibit 2 page 17 91 Exhib it 6 page 18 100 Exhibit 7 page 19 10 2 Exh ibi t 8 page 20 102 Exh ibi t 11 page 21 107 Exhibit 12 page 22 108 Exhibit 1 page 23 117 Exhibit 2 page 24 118 Exh ibi t 4 page 25 120 Exhibit 5 page 26 124 Exhibit 6 page 27 125 Exhibit 7 page 28 126 Exhib it 8 page 29 127 Exhibit 9 page 30 129 Exhibit 10 page 31 130 Exhibit 11 page 32 131 Exhibit 12 page 33 133 Exhibit 1 page 34 141 Exhibit 2 page 35 143 Exhibit 3 page 36 144 Exhibit 4 page 37 149 Exhibit 5 page 38 155 Exh ibi t 7 page 39 160 Exhibit 8 page 40 161 Exh ibi t 9 page 41 162 Exhibit 3 page 42 172 Exh ibi t 4 page 43 173 Exh ibi t 5 page 44 174 Exhibit 1 page 45 188 Exh ibi t 2 page 46 189 Exhibit 3 page 47 190 Exhibit 4 page 48 192 Exh ibi t 5 page 49 195 Exhibit 6 page 50 19 7 EXHIBIT AND CORRESPONDING PAGE NUMBERS TEXT PAGE Exhibit 7 page 51 199 Exhibit 8 page 52 202 Exhibit 9 page 53 206 Exhibit 1 page 54 212 Exhibit 2 page 55 214 Exhibit 3 page 56 216 Exhibit 4 page 57 217 Exhibit 5 page 58 218 Exhibit 6 page 59 221 Exh ib i t 7 page 60 230 Exhibit 1 page 61 236 Exhibit 2 page 62 239 Exhibit 3 page 63 240 Exhibit 4 page 64 242 Exhibit 5 page 65 245 Exhibit 6 page 66 246 Exhibit 8 page 67 249 Exhibit 1 page 68 258 Exhibit 2 page 69 263 Exhibit 3 page 70 265 Exhibit 4 page 71 266 Exhibit 6 page 72 268 Exhibit 7 page 73 268 Exhibit 8 page 74 270 Exhibit 9 page 75 271 Exhibit 10 page 76 272 Exhibit 1 page 77 280 Exhibit 2 page 78 281 Exhibit 4 page 79 282 Exhibit 5 page 80 283 Exhibit 6 page 81 284 Exhibit 7 page 82 289 Exhibit 8 page 83 290 Exhibit 9 page 84 291 Exhibit 10 page 85 293 Exhibit 1 page 86 302 Exhibit 2 page 87 303 Exhibit 3 page 88 304 Exhibit 4 page 89 307 Exhibit 5 page 90 309 Exhibit 6 page 91 310 Exhibit 7 page 92 312 Exhibit 1 page 93 325 Exhibit 3 page 94 329 Exhibit 4 page 95 333 Exhibit 5 page 96 335 Exhibit 1 page 97 341 Exhibit 2 page 98 342 Exhibit 3 page 99 345 EXHIBIT AND CORRESPONDING PAGE NUMBERS TEXT PAGE Exhibit 4 page 100 346 Exhibit 5 page 101 347 Exhibit 6 page 102 349 Exhibit 2 page 103 362 Exhibit 3 page 104 367 Exhibit 4 page 105 368 Exhibit 4 page 106 404 Exhibit 1 page 107 416 Exhibit 5 page 108 421 Exhibit 6 page 109 421 Exhibit 8 page 110 422 Exhibit 9 page 111 427 1 CopyrightQ1981 Academic Press, Inc. E E n X g H l i I Expected grade in economics s B h I T a n 1 E d x E T p c h e E o e c n n te D t o P d ir m r e o g i s cs du ra C f tu c d d ti e y o v n in B S ti t m P E u e o n d s g S y s s l A t p i u t ib sh d im en ilit sE y e t ie pn ti = o s et m n Cur nt onire s e = per eigh eco v tu p s w t n e Ed e ix e h o f ny r e o m o g w h k u i r listim e ou rs cs G h e r r e k s a d e s i n CopyrightQ1981 Academic Press, Inc. 2 f E o X r H a n IB Clothing E IT c o 2 n I o n O m Th ef • n y e fic D ly C i c e o l n o n c t c y h ep ov in i g t C -~ o F * *~ i f o "^ s / the Produ od i /pro On effic are= on the fAll outp produced c d l iru ti u y enont o c fo ttp n e o ieo P d d rs o cs s is uib s ril i vi b t ei il e it s ie s C u r v e 1 CopyrightQ1981 Academic Press, Inc. Current investment F E u X tu H r I e B I T 3 cF I uu n rt v ru e e r s ne t t m p C i e C 2 nro n v t u ed a r su nd ren C/-J if Fu tmectio P t ct nn c B uu r t o o rr p d n ree =o u s n p 1s c u tr Λ s ti m o i o i b nd n p pIn vu il P tio osit ec iti oss n sibial stmtion es ib ilipr en p if i to lit ied t o ie su =s s c si i ti 2lb n o il t n it h ie e s 4 Copyright ©1981 Academic Press, Inc. 40 h 30 *-> c <D O^ 20 <D Ü 1973 10 Demand 90 95 100 105 Per Capita Consumption of Sugar (pounds per year) EXHIBIT 1 The Law of Demand As the price of sugar rose in 1974-1975, consumers substituted artificial sweeteners, honey, and less sweetened foods for sugar. Sugar consumption fell. In contrast, when the price of sugar declined in 1976, consumption increased. The consumption level of sugar (and other products) is negatively related to its price. Source: The numerical data used in this example are from The Statistical Abstract of the United Stetes-1 977, pp. 119 and 475. Copyright @1981 Academic Press, Inc. m E X H Price I B I T P 2 o H R p1 r5 es ic p p ee o ir n nc s Q 0 ce i rn ve u 2 eat n a s e n e s t i s t y of /ti Oi / P m O D h e e 0 y ma in 5 p sici n q a e d u n r ac to ne F s e a titynt lor rv P r D id ic r de , a e ic ed e mu v c a C ati c h no a a dn t n e io g d n e

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