Education Ch12

1. Chapter Twelve Uncertainty 2. Uncertainty is Pervasive What is uncertain in economic systems? – tomorrow’s prices – future wealth – future availability of commodities…

Documents Chapter Twelve Uncertainty. Uncertainty is Pervasive u What is uncertain in economic systems?...

Slide 1 Chapter Twelve Uncertainty Slide 2 Uncertainty is Pervasive u What is uncertain in economic systems? –tomorrow’s prices –future wealth –future availability…