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Introducing the Economic Way of Thinking. C HAPTER. 1. EXHIBIT 1. T HREE C ATEGORIES OF R ESOURCES. EXHIBIT 2. T HE S TEPS IN THE M ODEL- B UILDING P ROCESS. EXHIBIT A-1. A D IRECT R ELATIONSHIP BETWEEN V ARIABLES. EXHIBIT A-2. A N I NVERSE R ELATIONSHIP BETWEEN V ARIABLES. - PowerPoint PPT Presentation
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Introducing the Economic Way of
Thinking
CHAPTER
1
2Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT 1 THREE CATEGORIES OF RESOURCES
3Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT 2 THE STEPS IN THE MODEL-BUILDING PROCESS
4Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT A-1 A DIRECT RELATIONSHIP BETWEEN VARIABLES
5Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT A-2 AN INVERSE RELATIONSHIP BETWEEN VARIABLES
6Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT A-3 AN INDEPENDENT RELATIONSHIP BETWEEN VARIABLES
7Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT A-4 THE SLOPE OF AN UPWARD-SLOPING CURVE
8Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT A-5 THE SLOPE OF A DOWNWARD-SLOPING CURVE
9Tucker Economics for Today, 4e • Ch 1 Introducing the Economic Way of Thinking© 2005 Thomson/South-Western
EXHIBIT A-6 CHANGES IN PRICE, QUANTITY, AND INCOME IN TWO DIMENSIONS
