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boeing:how low can they fly?
Charbel Bassil
Notre Dame University

Principles of Macroeconomics
ECN212

Required Homework Assignment 5

Prepare problems 3, 5 and 7 on pp.521 and the additional problem, Principles of Economics,
Case, Fair and Oster.
Problem 3 p.521
For each of the following statements, decide wether you agree or disagree and explain your answer :
1. During period of budget surplus (when

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