First, read The Economics of Sawdust. Then use supply and demand diagrams to explain a) how the downturn in housing construction could lead to higher prices of sawdust and b) how higher sawdust prices could lead to higher prices of milk.
If I missed any, please let me know... Jan 07, 2011 8:00 am , Sheraton, Director's Row H American Economic Association K-12 Economic and Financial Literacy Education (A2) Presiding: Richard MacDonald (St. Cloud State University) Teacher and Student Characteristics as Determinants of Success in High School Economics Classes Jody Hoff (Federal Reserve Bank of San Francisco) Jane Lopus (California State University-East Bay) Rob Valletta (Federal Reserve Bank of San Francisco) [Download Preview] It Takes a Village: Determinants of the Efficacy of Financial Literacy Education for Elementary and Middle School Students Weiwei Chen (University of Memphis) Julie Heath (University of Memphis) Economics Understanding of Albanian High School Students: Student and Teacher Effects and Specific Concept Knowledge Dolore Bushati (University of Kansas) Barbara Phipps (University of Kansas) Lecture and Tutorial Attendance and Student Performance in t...
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