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28 Sep 2019
1) If the economy in a period of growth and is experiencingunwanted inflation, should the government raise or lower interestrates? Why?
2) Why are some products, such as fruit, so susceptible to thesupply/demand issue and others, such as gasoline, not? Forinstance, if the price of oranges goes up by 30%, consumption goesdown dramatically, but it the price of gasoline goes up by 100%,consumption only goes down by a small amount.
3 ) There is a lot in the news about capitalism and socialism, andit appears that the words are thrown around without a lot ofunderstanding about what they actually mean. Your assignment is toresearch both âismsâ and find the following:
1. 5 positives for each system
2. 5 negatives for each system
3. Which one do you think is better for Business?
4. Which one do you think is better for Individuals?
5. After doing this research and taking the fun quiz, where on thisscale do you fall personally?
1) If the economy in a period of growth and is experiencingunwanted inflation, should the government raise or lower interestrates? Why?
2) Why are some products, such as fruit, so susceptible to thesupply/demand issue and others, such as gasoline, not? Forinstance, if the price of oranges goes up by 30%, consumption goesdown dramatically, but it the price of gasoline goes up by 100%,consumption only goes down by a small amount.
3 ) There is a lot in the news about capitalism and socialism, andit appears that the words are thrown around without a lot ofunderstanding about what they actually mean. Your assignment is toresearch both âismsâ and find the following:
1. 5 positives for each system
2. 5 negatives for each system
3. Which one do you think is better for Business?
4. Which one do you think is better for Individuals?
5. After doing this research and taking the fun quiz, where on thisscale do you fall personally?
2) Why are some products, such as fruit, so susceptible to thesupply/demand issue and others, such as gasoline, not? Forinstance, if the price of oranges goes up by 30%, consumption goesdown dramatically, but it the price of gasoline goes up by 100%,consumption only goes down by a small amount.
3 ) There is a lot in the news about capitalism and socialism, andit appears that the words are thrown around without a lot ofunderstanding about what they actually mean. Your assignment is toresearch both âismsâ and find the following:
1. 5 positives for each system
2. 5 negatives for each system
3. Which one do you think is better for Business?
4. Which one do you think is better for Individuals?
5. After doing this research and taking the fun quiz, where on thisscale do you fall personally?
Retselisitsoe PokothoaneLv10
28 Sep 2019
