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Demand and Income Relationship Discussion
Demand and Income Relationship Discussion
Question: There is a very distinctive concept related to demand that is expressed in this video. Identify and define this determinant of demand. I am not looking for your “take” on the song. What is Macklemore referring to in the song, that you have read about in the chapter on demand? Why do you think this concept relates to what you have read? Focus on the constant theme of “$20 in my pocket” to link to the factor that needs to be examined.