ECON 1002
ECON 1002
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Examen
Macroeconomics 1002 -Notes Prof Malca latest update
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---41octubre 20212021/2022A+
- ▪	Economically Trump became president because of 1) big corporations overseas. Taxes are more expensive here. 2) Certain groups get most advantages ((comparative advantages in reality) 
▪	Trade, people at factories lost their jobs in Middle America. All coporations in east and west have done well. He won because people were angry this would continue. 
▪	Average family income has no moved, went down. 
▪	Comparative advantage- big thrust (TPP, NAFTA) 
 
Elasticity of Demand- how much deman...
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