Consider the following statements, based on a positive economic analysis that assumes that all other things remain constant. For each, list one other thing that might change and thus offset the outcome stated. a. Increased demand for laptop computers will drive up their priceb. Falling gasoline prices will result in additional vacation travel. c. reduction of income tax rates will result in more people working.
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Home » Business » Consider the following statements, based on a positive economic analysis that assumes that all other things remain constant. For each, list one other thing that might change and thus offset the outcome stated. a.