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In: Economics

These are all part of one question: What is Equilibrium? What would Eq look like in...

These are all part of one question:

What is Equilibrium? What would Eq look like in real life? Do buyers or sellers want to get to Eq?  

Why do prices change? Do price have to change or can prices stay the same? Who sets the prices in the market?  

Is trade Good or Bad for the US? When a country trades, are there going to be Winners and Losers? Can the US be the winner for all transactions? Why? How?

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