Economics story board

Economics story board
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  • The county decides to build more housing because of the increase in population.
  • They finally finished building the new city.  The county's population is now double its size.
  • An increase in population will make the demand curve shift to the left.
  • The government is putting a higher tax on good imported from other countries.
  • People who own restaurants are deciding to charge more because of the tax. 
  • The supply curve will shift to the right, because business either wait for the market price to increase or charge more for their product.  
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