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SCIENTIFIC METHOD: A structured way of investigating and explaining the operation of the world by testing and verifying hypothesized relationships. The scientific method is a process of discovery, a method of explaining phenomena that can be better understood with an overview of theory, principles, world view, hypothesis, and verification.

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Lesson 16: Aggregate Shocks | Unit 5: Synthesis Page: 21 of 21

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  • How the aggregate market can be used to demonstrate a simple business cycle that's caused by consumption expenditures on durable goods.

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SUPPLY TO A FIRM

The range of quantities of a factor that a firm is able to buy at a range of factor prices. Supply to a firm is a phrase that is most relevant to the study of factor markets, especially when contrasted with supply by a firm. Supply to a firm puts the firm on the buying side of the factor market. Supply by a firm puts the firm on the selling side of the factor market.

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APLS

GRAY SKITTERY
[What's This?]

Today, you are likely to spend a great deal of time at a flea market seeking to buy either a handcrafted bird house or a weathervane with a chicken on top. Be on the lookout for bottles of barbeque sauce that act TOO innocent.
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This isn't me! What am I?

Mark Twain said "I wonder how much it would take to buy soap buble if there was only one in the world."
"The road to success is always under construction. "

-- Lily Tomlin, Actress

CAR
Cumulative Average Return
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