June 17, 2008

How Floods Will Hurt the Economy

Posted in Aggregate Supply, Articles, CPI, Globalization, Inflation, International Trade at 3:10 pm by davidprudente

For all you veterans of AP Economics, this weeks floods in the mid-west made you think back to those easy days in high school when all you had to worry about was how natural disasters would affect aggregate supply.  Now you may be concerned with how they’ll affect the amount of money in your pocket. Check out the latest on the floods in the mid-west from CNN.

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