Microeconomics case study
Read the article American Drivers Are Back on the Road in Record-Setting Fashion
- Explain the relationship between miles travelled and gas prices.
- Explain one other factor that could affect the amount of driving in the USA.
Macroeconomics case study
Read the article Why China’s Hefty Trade Surplus Is Dwarfed by Outflows
- Explain the trend given in the article of China's current account.
- What is the likely effect on the value of China's currency?
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