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“Company town”, 25-6<br />

Comparative advantage, 2-1, 14-5, 15-14,<br />

16-1-3, 16-8-9<br />

Compensating wage differentials, 24-7<br />

Competition, 3-8, 12-10, 14-4, 16-3, 16-7,<br />

19-4, 22-2, 22-8<br />

Competitive market, 1-3, 14-4-5, 15-9-12, 19-4<br />

Complements, 3-3, 17-6-7<br />

Compliance cost of a tax, 13-4-8<br />

Compound interest, 31-10<br />

Compounding, 15-3, 31-10<br />

Concentrated benefits, 16-6, 28-5<br />

Concentrated costs, 28-5<br />

Conglomerate merger, 29-8<br />

Congress, 9-9, 11-10<br />

Congressional Budget Office, 31-3<br />

Congressional district(s), 9-4, 28-5<br />

Connecticut, 5-6<br />

Consumer demand, 1-3, 2-7, 19-3, 22-8<br />

Consumer-driven health care, 30-8-12<br />

Consumer Expenditures Survey for 2013, 13-2<br />

Consumer income, 17-6<br />

Consumer interests, 15-9, 15-11<br />

Consumer Price Index (CPI), 4-2-4, 6-10, 12-7<br />

Consumer satisfaction, 1-2-3, 2-6-7, 3-1, 13-7,<br />

18-1-2, 19-4, 21-7, 22-8, 31-7<br />

Consumer’s surplus, 2-1, 3-7, 3-11, 13-4,<br />

16-4-5, 17-10-13, 22-9<br />

Consumption, 5-3, 6-1, 8-2-10, 9-5,<br />

10-1, 13-5, 13-9, 14-3, 15-5, 16-11, 17-6,<br />

18-1-2<br />

Consumption function, 8-3<br />

Consumption smoothing, 8-2<br />

Container ship, 20-8<br />

Continued inflation, 10-8, 11-9, 12-6<br />

Contract rights, 2-9<br />

Contraction, 5-6, 7-1<br />

Contractionary fiscal policy, 9-3-5, 12-5<br />

Contractionary monetary policy, 12-5<br />

Contracts, 14-4, 15-6<br />

Controlling externalities, 27-4-6<br />

Copper, 14-12<br />

Copyright, 22-2<br />

Corporate charter, 19-6<br />

Corporate income tax, 9-4, 13-3, 13-8, 19-7<br />

Corporation(s), 19-5-6<br />

Corruption, 14-4, 14-10, 15-7-8, 22-10<br />

Corruption Perceptions Index, 15-7-8<br />

Cost-minimizing combination of factors, 24-4-5<br />

Cost Table, 20-6-8<br />

Cost(s) of production, 3-4-6, 6-5, 13-3, 20-1,<br />

22-8, 23-3<br />

Costs of regulations, 29-5-6<br />

Counter-cyclical payments, 30-4<br />

Counterfeiting, 10-9<br />

Counterproductive governmental policies,<br />

14-10, 15-6-7<br />

Coupons, 22-8<br />

Court system, 14-4, 15-6<br />

Craft union, 25-1<br />

Crain, Nicole V., 29-5<br />

Crain, W. Mark, 29-5<br />

Creative destruction, 12-10, 28-7<br />

Credit cards, 10-3<br />

Credit crisis, 11-8<br />

Credit market, 7-3<br />

Crime rates, 15-6<br />

Credit rating agencies, 11-5<br />

Criminal law, 14-5, 15-7<br />

Crop Insurance, 30-5<br />

Cross elasticity of demand, 17-6-7<br />

Crowding out, 9-4, 12-7, 13-9<br />

Crude oil, 6-6<br />

Crusoe, Robinson, 1-1, 1-10<br />

Cultural norms, 15-6<br />

Currency, 6-3, 10-3, 10-7, 11-1, 16-9-10<br />

Currency in circulation, 10-3<br />

Cyclical Unemployment, 4-7<br />

Dairy farming, 14-4<br />

Deadweight loss, 3-11, 22-6-7, 23-3, 23-9,<br />

29-2-3, 31-7<br />

Deadweight loss of a tax, 13-4-7, 14-5, 15-5,<br />

17-10-13<br />

Dean, James, 22-2<br />

Deductible expenses, 13-8<br />

Deduction of charitable contributions, 13-8<br />

Deduction of home mortgage interest, 13-8<br />

Deduction of state and local income and<br />

property taxes, 13-8<br />

Deere, John, Intro-2<br />

Default option, 26-8<br />

Deficiency payments, 30-4-5<br />

Deficit spending, 8-10-11, 9-1-6, 10-6, 13-10-11<br />

Deflation, 4-8, 12-8, 14-5<br />

Defoe, Daniel, 1-10<br />

Demand, 3-1-5, 3-8-14, 8-1-2, 10-9-10,<br />

17-2-6, 17-10-11, 24-1<br />

Demand curve, 3-2-3, 3-8-14, 17-2-3, 18-8,<br />

21-2-3, 22-3-5, 23-1, 23-3, 23-5<br />

Demand curve for a factor, 24-3<br />

Demand for farm products, 30-2-3<br />

Demand for loanable funds, 26-2<br />

Demand for money, 6-10<br />

Demand schedule, 3-1, 17-3, 21-2, 22-3<br />

Demand-side inflation, 10-7<br />

Democracy, 14-10, 28-11-13<br />

Denmark, 31-11<br />

Dependency ratio, 15-5<br />

Depletion of nonrenewable resources, 14-10<br />

Deposits, 10-4-7<br />

FOR REVIEW ONLY - NOT FOR DISTRIBUTION<br />

Index - 3

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