Newsletter

Prices: the marketplace’s communication system


Abstract: Remember when airlines started charging for checked bags? What happened to the number of checked bags after this added charge? And what happened to the availability of in-cabin storage space on planes? This month?s newsletter answers these questions and discusses the pivotal role price plays in a market economy.

Keywords: Prices;

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Provider: Federal Reserve Bank of St. Louis

Part of Series: Page One Economics Newsletter

Publication Date: 2013-04

Pages: 1-4