In the 2x2 table above from the Shrewd Samaratan, via MarginalRevolution, there are two dimensions:
- "Gone Forever," goods and services whose purchases were abandoned during the shutdown, vs.
- "Snap-Back," purchases that were postponed by the shutdown.
- Income Elasticity of Demand measures sensitivity of demand to income.
- High Income Elasticity, goods whose demand falls as income falls, vs
- Low Income Elasticity, goods whose demand is relatively insensitive to income.
The colors correspond to the outlook for each industry:
- Orange box: lost profits from abandoned purchases, and low future demand because income has fallen.
- Green box: delayed profits from postponed purchases; and relatively high future demand.
The two off diagonal boxes are in-between these two extremes:
- Blue lower-left box: lost profit from abandoned purchases, but relatively high future demand
- Blue upper-right box: delayed profits from postponed purchases, but relatively high future demand.
Is there maybe a typo in the last bullet point:ReplyDelete
Blue upper-right box: delayed profits from postponed purchases, but relatively high future demand.
I think this should read:
Blue upper-right box: delayed profits from postponed purchases, but relatively LOW future demand.
High income elasticity should lead to lower demand for these productes in the future. Or did I misunderstand the basic concept here?
🔥 ☑️MEET THE REAL HACKERS☑️ 🔥Delete
It Tears me Up Whenever we receive complaints from People About Their Experience With the Hackers They Met Before They Heard about us.
These Days There Are alot of Hackers Online, You Just Have to Be Careful about who you meet for help, because many people now don't really know who to ask for help anymore but there is an actual solution to that which I am giving you for free, Trust Me You Don't Wanna go out there seeking for Hackers Yourself, Because the probability of getting a Real Hacker Out there Is Very Slim . ❌❌ ❌ Most Of Them are actually not who they say they're, they are just out there to Rip people Off, Trust Me You Don’t Wanna Risk It. You Can Always Identify Them With Their False Advertisements and False Testimonies Trying To Lure you Into their Arms, And most of them use yahoomails, gmails and other cheap email providers which could easily expose their vulnerabilities, Please Don’t Fall For Them🚷 Come To Think Of It, Why would a Legit Hacker Be using a gmail or a cheap email provider that exposes his vulnerabilities????⚠️⚠️⚠️
Well, Our Purpose Here Is To Link You Up With Top Notched Legit Hackers With Great Online Reputations and Impressive LinkedIn Profiles That’ll Blow Your Mind. Trust Me, You Don’t Wanna Miss This Great Opportunity.
🔥 ☑️ COMPOSITE CYBER SECURITY SPECIALISTS are the Answers to your PRAYERS . We are here to Provide you with The BEST and FASTEST Hackers that would get your Job Done as Fast as possible. 🔥 🔥
☑️All our Specialists are well experienced in their various niches with Great Skills, Technical Hacking Strategies And Positive Online Reputations And Recommendations🔘
They hail from a proven track record and have cracked even the toughest of barriers to intrude and capture all relevant data needed by our Clients. 🔥 🔥
We have Digital Forensic Specialists⚡️, Certified Ethical Hackers⚡️, Software Engineers⚡️, Cyber Security Experts⚡️, Private investigators and more⚡️⚡️. Our Goal is to make your digital life secure, safe and hassle free by Linking you Up With these great Professionals such as JACK CABLE, ARNE SWINNEN, SEAN MELIA, DAWID CZAGAN, BEN SADEGHIPOUR And More. These Professionals are Well Reserved Professionals who are always ready to Handle your job with great energy and swift response so that your problems can be solved very quickly.
All You Need to Do is to send us a mail and we’ll Assign any of these specialists to Handle your Job immediately. ⚡️⚡️⚡️
☑️ Below Is A List Of Our Major Services:
▪️ FUNDS RECOVERY ON BITCOIN SCAM, INVESTMENTS, BINARY OPTIONS TRADING and ALL TYPES OF SCAMS.
▪️ WEBSITE AND DATABASE HACKING 💻
▪️ CREDIT REPAIR. 💳
▪️ PHONE HACKING & CLONING (giving you 📱 Unnoticeable access to everything Happening on the Target’s Phone)
▪️ CLEARING OF CRIMINAL RECORDS ❌
▪️ SOCIAL MEDIA ACCOUNTS HACKING 📱
▪️RECOVERY OF DELETED FILES 📤
▪️LOCATION TRACKING 📌
▪️BITCOIN MINING ⛏ And lot More.
✅ COMPOSITE CYBER SECURITY SPECIALISTS are Basically the ANSWERS to your PRAYERS. Trust Me, You Don’t Wanna Miss Out This Great Experience.
📩CONTACT US TODAY:
🔘2020 © composite cybersecurity specialists
🔘Want faster service? Contact us!
🔘All Rights Reserved ®️
A GREAT SPELL CASTER (DR. EMU) THAT HELP ME BRING BACK MY EX GIRLFRIEND.ReplyDelete
Am so happy to testify about a great spell caster that helped me when all hope was lost for me to unite with my ex-girlfriend that I love so much. I had a girlfriend that love me so much but something terrible happen to our relationship one afternoon when her friend that was always trying to get to me was trying to force me to make love to her just because she was been jealous of her friend that i was dating and on the scene my girlfriend just walk in and she thought we had something special doing together, i tried to explain things to her that her friend always do this whenever she is not with me and i always refuse her but i never told her because i did not want the both of them to be enemies to each other but she never believed me. She broke up with me and I tried times without numbers to make her believe me but she never believed me until one day i heard about the DR. EMU and I emailed him and he replied to me so kindly and helped me get back my lovely relationship that was already gone for two months.
Email him at: Emutemple@gmail.com
Call or Whats-app him: +2347012841542
I came across this link on investment linked plan, hope can provide more insights.ReplyDelete
investment linked plan
Thanks for sharing the blog, seems to be interesting and informative too. Can you suggest some of the interesting places to visit for video consultation doctorReplyDelete
To know more about Chief Dr Lucky you can visit his website (https://chiefdrluckyherbaltherapy.wordpress.com/)ReplyDelete
A friend that suffered from Herpes and was cure with the help of this great herbal doctor Chief Lucky so i decided to contact him for help in getting rid of my families genital herpes virus 1/2 which i did and all i was told to provide was just some useful information and some materials used in preparation of the natural cure and that i did and now i am the happiest person on earth because i am writing this testimony of mine with joy and happiness in my heart to the whole world to know that natural remedy is real because i am a living testimony of Chief Lucky traditional herbal cure and i want you all to contact Chief Lucky via his email: firstname.lastname@example.org or WhatsApp him +2348132777335 am sure he will help you too.
HOW I RECOVERED MY LOST FUNDS FROM CRYPTOCURRENCY SCAMMERS.ReplyDelete
Hello ! My name is Sarah O’Brian, I am a chartered accountant and mother of four from Michigan. Some time ago I decided to invest in cryptocurrency. I invested exactly $50,000 for a start with a fake broker and was made to believe that my investment had grown from my initial deposit of $50,000 to $250,700. This felt so good as the investment grew rapidly in just a few weeks. When it was time to take my profit, my withdrawal request was denied. Later on after much vain efforts,i realized that I might never get my money back.
I discovered that i had been a victim of cryptocurrency scam.
My boss at work noticed how frustrated I was so I had to open up to him about my encounter with scammers. He linked me up with Recovery Precinct, so I looked up their website and filled the contact form. They responded Swiftly and requested for details of the fraud.
To my greatest surprise, my lost funds was recovered directly to my wallet address in less than 24hours. I don’t know how they did it but it was amazing.
Recovery Precinct is a financial regulator, private investigation and fund recovery body. They warned that these types of scams involving bitcoins and other cryptocurrencies or fake merchants are becoming common lately and targeted victims come from different parts of the world.
I am sharing this to save someone out there from a lifetime disaster.
You can contact these group of Cybercrime fighters via the link and contact info below:
Whatsapp- +1 (312) 985-6572
THIS IS THE BEST THING THAT HAS EVER HAPPENED TO MEReplyDelete
I was scammed of $379,000 worth of bitcoin with a scam forest investment unknowingly then,
I didn’t know what to do.. I felt like committing suicide, but fortunately for me, my friend introduced me to a cyber crime investigator ( Mr Morris Gray )who also helps in recovering lost invested funds, After working with him, to my greatest surprise, in just few days I got all my lost funds back, and he only took just 15% out of the recovered funds, if you have been scammed with fake forex you don’t need to be scared or worried, because you can also reach him on his email: ( Morris Gray 830 @ gmail . com )
He will recover your lost bitcoins back fast and smoothly...
You can WhatsApp him via +1 (607) 698-0239.
And you will be amazed….!!!
I have been working with him on getting my credit score been boosted across the Equifax, TransUnion and Experian report. He made a lot of good changes on my credit report by erasing all the past eviction, bad collections and DUI off my credit report history and also increased my FICO score above 876 across my three credit bureaus report you can contact him for all kind of hacks . Email him here email@example.com for more details,Whatsapp No:+14106350697 if you want to chat them up,One thing i can assure you would not regret this at all he is 100% legit.ReplyDelete