merged

Houston, Texas, 15-10
Human capital, Intro-1, 1-2, 1-10, 2-5, 2-8,
14-3-4, 14-10, 15-5, 31-4-5, 31-10
Human wants, 1-1, 18-2,
Ideas, 14-7
Illegal transactions, 3-10
Immigration, 12-11, 31-2
Immigration restrictions, 25-3
Impact lag, 9-5
Implicit cost, 20-1
Imports, 5-4-5, 6-3-4, 7-10, 15-12, 16-1-8,
22-8
Inadequate demand, 7-2
Inadequate diets, 15-1
Inadequate medical services, 15-2
Inadequate sanitation, 15-1
Incentive(s), 1-3, 1-6, 1-10, 2-5, 9-6-8, 14-4,
14-8, 15-7, 18-3, 26-7, 29-3, 29-9, 31-6-8
Income 3-1, 3-3, 7-2, 8-1-10, 9-6, 10-1,
13-1-2, 13-5, 14-4, 15-7, 17-5, 18-1-6
Income effect, 3-1, 6-10
Income elasticity of demand, 17-5-6, 30-2
Income inequality, 31-11-13
Income security, 13-8
Income tax(es), 9-3-10, 13-3-9, 31-9
Income tax code, 13-6
Ideal income redistribution, 31-7
Independence of the Fed, 12-6
India, Intro-5, 5-5, 14-2-3, 14-8, 15-6,
15-10, 15-12, 16-10, 30-1, 31-11
Indifference curves, 18-6-8
Individual freedom, 2-5, 21-7, 27-1, 31-6-7
Individual mandate, 30-10, 30-12
Indonesia, Intro-5, 14-2, 22-10
Industrial policy, 14-5-6
Industrial Revolution, Intro-2
Industrial union, 25-1
Inelastic demand, 17-5-6, 23-5
Inelastic goods, 13-6
Infant industry argument, 16-6
Infant mortality rate, Intro-3, 15-1, 30-11
Inferior goods, 3-3, 17-5-6
Inflation, 4-1-4, 8-11, 10-2, 10-6-10,13-11,
14-5, 15-7
Inflation rate, 4-2-3, 5-7, 11-7, 12-7, 12-10,
13-10, 16-10
Inflationary gap, 7-1, 7-4-7, 8-7, 9-1-7, 12-5
Informal economy, 15-11
Information lag, 9-5
Infrastructure, 11-9, 14-6
Initial public offering, 19-6-7
In-kind transfer payments, 31-2-3
Innovation, 16-3, 26-7
Inputs, 5-2, 6-5, 20-2-3
Insurance, 6-5
Intellectual property, 12-11
Intellectual property rights, 12-11
Interest, 5-10, 10-6, 26-1
Interest on the National Debt, 13-8
Interest-insensitive investment, 12-4
Interest rate(s), 6-2-3, 7-3-4, 9-4, 10-6, 11-4,
11-6-8, 12-5-6, 13-9, 14-5, 15-7, 26-1-4
Interest rate effect, 6-9
Intermediate goods, 5-1
Internal Borrowing, 13-9
Internal Revenue Service (IRS), 13-6-8
Internalizing externalities, 27-4-5
“International Petroleum Monthly”, 14-8
International trade, 12-9-10, 16-1-9, 22-2
International Trade Commission, 16-7
Interstate highway system, 9-6-7
Invention, 22-1
Inverse relationship, 1-9, 2-4, 3-1-3, 6-1, 17-5
Investment, 5-3, 6-2-3, 6-11, 7-2-3, 8-1-2, 8-5,
8-8-12, 9-5, 11-7, 12-3, 12-7-8, 13-9,
14-3-6, 15-5-6, 19-6
Investment banks, 11-7-10
Inventories, 5-4, 8-6
Invisible hand, 1-4, 16-10
IQ scores, Intro-4
Iran, Intro-5, 14-9
Ireland, 14-2
Irrational exuberance, 11-7-10
Italy, Intro-5, 14-8
Jackson, Michael, 22-2
Jamestown colony, Intro-1
Japan, Intro-5, 11-5, 14-6, 14-8, 15-10-12,
28-12, 30-1, 30-6, 31-11
Job destruction, 4-7, 16-7, 28-9
JPMorgan Chase, 11-12
Kennedy tax cut, 9-6, 13-10
Kerosene, 14-12
Kevlar, 22-1
Key characteristic of perfect competition, 21-1
Keynes, John Maynard, 7-1, 8-1, 8-9-11
Keynesian economic theory, 8-1-11, 9-1-7,
12-6, 12-7-8
Keynesian fiscal policy, 9-1-7
Keynesian monetary theory, 12-4-5
Keynesian monetary transmission mechanism,
12-4-5
Kinked demand curve theory, 23-4-6
Known reserves, 14-11
Kroc, Ray, 1-3
Kuwait, 14-9
Kwolek, Stephanie, 22-1
Labor, 1-2, 13-5, 14-2, 14-6, 19-4, 24-1
Labor force, 4-5-7, 14-6
Labor market, 7-3, 13-5, 24-1, 31-7
Labor productivity, 4-7, 6-5, 6-8, 14-3-4,
15-9-12, 19-10, 25-4
Labor supply curve, 24-5-6, 25-7
FOR REVIEW ONLY - NOT FOR DISTRIBUTION
Index - 7