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Taxpayers, 13-3-7, 19-9<br />

Taylor, Elizabeth, 22-2<br />

Team production, 19-2<br />

Technological advance, 2-5, 3-6, 4-7, 14-3-4,<br />

14-7-8, 16-3, 16-8, 28-12<br />

Technology, 14-6<br />

TED spread, 11-9<br />

Temporary Assistance for Needy Families,<br />

5-2, 31-7-8<br />

Term of a loan, 26-4<br />

Terrorist attacks, 12-9<br />

Thailand, Intro-5, 14-2<br />

Thaler, Richard, 26-8<br />

Theories of Regulation, 29-4-5<br />

“Theory of Games and Economic Behavior”,<br />

23-7<br />

Think Like an Economist (TLAE) – An<br />

Increase in the Gasoline Tax, 17-12-13<br />

TLAE – Economic Systems and Individual<br />

Freedom, 2-12<br />

TLAE – Hiring an Attorney, 19-10<br />

TLAE – How to Treat Employees, 24-9<br />

TLAE – Price Changes in a P.O.W. Camp,<br />

10-11<br />

TLAE – Rational Robbers, 1-11<br />

TLAE – The New CEO, 24-9<br />

TLAE – Unemployment Policies, 4-12<br />

TLAE – Working in a “Sweatshop”, 15-12<br />

Thinking Like an Economist, 1-6<br />

Third-party payment, 30-6<br />

Tillman, Pat, 1-5<br />

Time deposits, 10-3<br />

“Time Asia” magazine, 22-10<br />

“Time” magazine, 8-10<br />

Time value of money, 26-5<br />

Tobacco companies, 27-12<br />

Tools for controlling the money supply, 11-3-4<br />

Total cost, 20-4-9, 21-3-6<br />

Total Expenditures (TE), 5-3-4, 5-7, 6-1, 6-6,<br />

8-1-2, 8-5-12, 9-1-7, 12-5-6<br />

Total Expenditures (TE) curve, 8-4-8<br />

Total output, 5-1-5, 5-9, 7-1-9, 8-2, 9-1, 12-1<br />

Total product, 20-3<br />

Total revenue, 17-4, 20-1, 20-9-10, 21-3-6,<br />

22-3, 24-1<br />

Total utility, 18-1-10, 31-1, 31-6-7<br />

Toyota, 28-12<br />

Trade, 10-1, 10-3<br />

Trade barriers, 15-7<br />

Trade deficit, 16-1<br />

Trade-off, 2-2, 13-7, 25-1, 25-9, 31-7<br />

Trade restriction(s), 8-12, 14-7, 15-12, 16-3-8,<br />

22-2, 22-8, 25-4, 28-11, 29-5, 30-5, 31-9-10<br />

Traditional cultures, 15-6<br />

Traditional farm policies, 30-3-5<br />

Tragedy of the commons, 27-9<br />

Training costs, 24-7<br />

Transaction costs, 10-2, 10-6, 10-9, 19-1-2<br />

Transactions money, 10-3<br />

Transfer payments, 5-2-3, 9-4<br />

Transparency International, 15-7, 22-10<br />

Treasury bills, 10-5<br />

Treasury bonds, 10-5<br />

Treasury Department, 11-12<br />

Treasury notes, 10-5<br />

Trough, 5-6<br />

Turkey, Intro-5<br />

Twice as steeply downward sloping marginal<br />

revenue curve, 22-4, 23-2, 23-6<br />

Tying agreements, 29-7<br />

Ukraine, Intro-5<br />

“Ultimate Resource, The”, 14-10<br />

Uncertainty, 10-9, 14-4, 26-7<br />

Underground production, 5-2, 5-6, 11-9<br />

Underproduction, 22-6, 23-3<br />

Unemployed, 4-5<br />

Unemployment, 4-4, 8-11<br />

Unemployment compensation, 4-9-10, 5-3,<br />

9-5, 31-2, 31-9<br />

Unemployment, types, 4-6-7<br />

Unemployment rate, 4-4-10, 5-7, 6-1, 6-6-9,<br />

7-1, 7-4-8, 9-5, 11-4, 12-7-9<br />

Unequal distribution of income, 2-8, 7-2,<br />

12-11, 18-3, 31-1<br />

Unfair foreign competition argument, 16-6<br />

Uninsured, 30-7<br />

Unintended consequences, 1-6, 28-7, 29-6<br />

Union goals, 25-2-3<br />

Unions, labor, 8-1, 25-1<br />

Union membership, 25-1<br />

Union shop, 25-4<br />

Union wage premium, 25-9<br />

Unions and collective voice, 25-10<br />

Unions and monopsony, 25-7-8<br />

Unions and productivity, 25-9-10<br />

Unions and wages, 25-8-9<br />

Unitary elastic demand, 17-5<br />

United Arab Emirates, 14-9<br />

United Kingdom, Intro-5, 11-5<br />

United Nations Children’s Fund, 15-2<br />

United Nations Food and Agricultural<br />

Organization, 15-1<br />

United States (U.S.), Intro-1-5, 14-3, 21-1,<br />

22-1, 31-12<br />

University of Alabama, 23-10<br />

University of Notre Dame, 23-9<br />

University of Oklahoma, 23-9<br />

University of Texas, 24-3<br />

Unkinked demand curve theory, 23-6<br />

Unlimited liability, 19-4-5<br />

Unpredictable farm supply, 30-4<br />

Unsafe drinking water, 15-1<br />

FOR REVIEW ONLY - NOT FOR DISTRIBUTION<br />

Index - 14

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