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The Key Concepts in Economics

Question # 00491123
Subject: Economics
Due on: 02/27/2017
Posted On: 02/26/2017 08:04 PM

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Due Week 8 and worth 175 points

Write a three to four (3-4) page paper in which you:

  1. Identify at least four (4) key points of a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-8.
  2. Apply one (1) of the following economic concepts (supply, demand, market structures, elasticity, costs of production, GDP, Unemployment, inflation, aggregate demand, and aggregate supply) to the key points that you highlighted in Question 1.
  3. Explain how the concept that you identified in Question 2 could affect the U.S. economy.
  4. In your concluding paragraph, state whether you agree or disagree with the economic article identified in Question 1. Provide a rationale for the response.

Tags economics concepts article economic points question identified concepts supply aggregate demand concept week affect explain worth inflation write highlighted economy concluding provide rationale response disagree agree paragraph state unemployment production course paper

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The Key Concepts in Economics

Tutorial # 00487584
Posted On: 02/26/2017 08:11 PM
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news_article_US_economy.docx (19.13 KB)
Preview: rise xx spending xxxx need more xxxxxxxx and services xx meet xxx xxxxxx demand xxxxxxxxxx firms would xxxx more workers xx order xx xxxxxxxx the xxxxxx level Hence, xxxxxxxxxxxx fiscal and xxxxxxxx policy xxxxxxxx xxxxx encourage xxx employment level xx well CITATION xxxx \l xxxx xx W x 2015)Next is xxx inflation rate, xxxxxxxxxxxx fiscal xxx xxxxxxxx policy xxxxxxxx would lead xx rise in xxx inflation xxxx xx the xxxxxxx This is xxxxxxx more demand xxxxx lead xx xxxxxx price xxxxx in the xxxxxxx Hence, both xxxxxxxxxx and xxxxxxx xxxx need xx consider the xxxxxxxxx between the xxxxxx rate xxx xxx inflation xxxx while following xxxxxxxxxxxx policy measures xxxxxxxx WSJ14 xx xxxx (WSJ, xxxxxxxx interest rate xx inversely proportional xx the xxxxxxxxxx xxxxx because xxxxxxxx rate represents xxx cost of xxxxxxxxx for xxx xxxxxxx Now, xxxx the government xxxxxxx expansionary fiscal xxxxxx measures xx xxxxx lead xx rise in xxx interest rate xx the xxxxxxx xxxxxxx fiscal xxxxxx measures would xxxx to more xxxxxxxxxx in xxx xxxxxxx as xxxx CITATION FED15 xx 1033 (FED xxxxxxx Funds xxxxx xxxxxxxx central xxxxxxxx interest rate)If xxxxx is expansionary xxxxxxxx policy xxxxxxx xxxx it xxxxx lead.....
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