Interesting news. Not much fuss about the Fed’s decision to leave rates unchanged, initial claims for unemployment declined, surprising some analysts, resale home purchases are down but housing prices were up slightly earlier in the week. Oil prices declined in reaction to “over supply.” A great way to teach supply and demand is to have students follow oil prices over the semester and have them explain why they move the way they do.
http://money.cnn.com/news/briefing/index.html
Thursday, October 15, 2009
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