Using the concepts from Greenlaw and Shapiro (2017) Chapters Eight and Nine, analyze the changes of your business/economic decisions if the market changed to a perfect competitive market. Then do the same if your market changed to a monopoly. You will provide your...
Discuss how changes in the Federal Reserve’s monetary policy affect at least 1 of the 4 components of GDP (consumption, investment, government spending, net exports).Have the Federal Reserve’s countercyclical monetary policies been effective in moderating business...
Discuss some specific ways that 1 of the following laws increased the productivity of 1 or both of these factors of production:1862 Pacific Railway Act1956 Federal Aid Highway Act1946 Federal Airport ActWhat other examples of economic concentration can you share?What...
Discuss some specific ways that 1 of the following laws increased the productivity of 1 or both of these factors of production:1862 Pacific Railway Act1956 Federal Aid Highway Act1946 Federal Airport ActWhat other examples of economic concentration can you share?What...
Discuss how economics plays a vital role in shaping public discussion in the following policy areas:Household taxationBusiness taxationImport taxation (tariffs)Provide several examples of how economics plays a role in policy or public discussion related to your...
Discuss how economics plays a vital role in shaping public discussion in the following policy areas:Household taxationBusiness taxationImport taxation (tariffs)Provide several examples of how economics plays a role in policy or public discussion related to your...