Do you think it is worthwhile to study a market model that cannot be found in the real world Discussion post 7: For this discussion board, you will use information from the course as well as external research. We’ve mentioned how a Perfectly Competitive market is not found in the real world. Find a situation … Read more
Debate with your peers the concept of increasing minimum wage. #2 assignment For this discussion you will debate with your peers the concept of increasing minimum wage. In order to participate in a knowledgeable debate, you must have a firm understanding of each side of the issue. Your textbook discusses minimum wage in detail and … Read more
Define capitalism and socialism and provide examples of countries for both structures. For this discussion, Define capitalism and socialism and provide examples of countries for both structures. Next, discuss why capitalism and socialism are currently being spotlighted in U.S. politics giving the pros and cons to each organizational structure. Be sure to be specific and … Read more
What is the difference in the role assigned to mathematics in economic theory for these two statements Jevons: “It is clear that Economics, if it is to be a science at all, must be a mathematical science.” Marshall: “Use mathematics as shorthand language, rather than as an engine of inquiry.” What is the difference in … Read more
Discuss the limitations of fiscal policy during a recession Discuss the limitations of fiscal policy during a recession. What fiscal policy has been used during previous recessionary periods? How does the fiscal policy during the COVID-19 recession differ from normal recessions? Provide a minimum of 2 forms of difference Answer preview to Discuss the limitations … Read more