…2. Well that’s an extreme example. Now how about this one Good_1 is an inferior good. This means that for fixed relative prices (and relative prices must be fixed) there…

…This can be thought as the tangible asset equivalent to a corporate stock price to earnings, or price to dividend, ratio. It measures the value relative to the flow of…

…that the recent price rise was a bit of overkill, and the market responded by consuming less gas, bringing the price down. Should be a message in there for someone,…

…that the price of the brand name will be the co-pay plus the difference in cost to Tufts Health Care between the two drugs. Currently for a drug such as…

The price of oil touched $100 today. The new record is being accompanied by all kinds of analysis and comments relating this new record to developments in the US economy….

…prices exceeded $60 in terms of 2004$. They also show nominal prices from April 1, 2005 to April 21, 2006 reporting a price equal to $73.60 per barrel. With general…

…This look at house prices in the US makes one thing clear: in all regions of the US, the house price bubble picked up steam in the past year, rather…

…made this argument in a Fed Letter “Explaining recent changes in home prices“. UCSD Economics Professor Dr. Hamilton, of Econobrowser, suggested another possible interest rate based model for home prices….

The November PPI report was released today. It came in a bit above expectations: The Producer Price Index for Finished Goods advanced 0.5 percent in November, seasonally adjusted, the Bureau…

…than by the ratio of the home to the foreign price level, and thus created a series that is essentially meaningless. Luskin’s graph shows the price of foreign currency in…