Unit 1 Class DB: Ten Principles of Economics
AvbeastChoose an article published in the last two weeks in one of these three resources (Wall Street Journal, Business Week, Economist). Discuss how the article relates to one or more of the Ten Basic Principles of Economics:
- People Face Trade-offs
- The Cost of Something Is What You Give Up to Get it
- Rational People Think at the margin
- People Respond to Incentives
- Trade Can Make Everyone Better Off
- Markets Are Usually a Good Way to Organize Economic Activity
- Governments Can Sometimes Improve Market Outcomes
- A Country’s Standard of Living Depends on Its Ability to Produce Goods and Services
- Prices Rise When the Government Prints Too Much Money
- Society Faces a Short-Run Trade-off between Inflation and Unemployment
Respond to at least two classmates’ original posts discussing their article and the merits of the principle(s) they chose.
- 3 years ago
- 5
Answer(2)
Purchase the answer to view it
NOT RATED
- Thetenprinciplesofeconomicsincludepeoplefacetrade.edited.docx
Purchase the answer to view it
NOT RATED
other Questions(10)
- Pro Xavier - Overview of Information Systems Table
- Psych 610 Week 8 Proposal
- Women and Native American expansion
- Final Assignment
- Assignment 4: Critical practice in indigenous health - PowerPoint Presenation
- 5 Citations !
- health care worker burnout
- A+ Answers
- I need to have my midterm and final completed for strayer business 407 training and development they are in 2 seperate weeks but is so important to me passing the course
- A+ Answer