One of the tools available to influence the well-being of the economy fiscal policy. The federal government may utilize fiscal policy as an expansionary or contractionary action, depending on the goal of the policy. In this assignment you will investigate specific fiscal policy initiatives taken during the Coronavirus pandemic in the United States and recognize […]
Explain how the article relates to at least one of the learning objectives and explain why the information in the article matters in the context of business decision making.
Instructions For your initial post, identify and summarize a current event article that is relevant to the weekly learning objectives and assigned readings (this week’s topic is “elasticity”). Be sure to use reputable scholarly or journalistic sources such as The New York Times, Wall Street Journal, Washington Post, The Economist, CNBC.com, etc. Explain how the […]
With the aid of a well-labeled diagram (of market model of demand and supply), explain in detail how the above (described) situation or scenario led to increase in price of gasoline in East Coast of U.S. in May, 2021, and its residual effects are still felt currently at the gas pump.
Colonial Pipeline Co., is the largest fuel pipeline company in the U.S. It was cyber hacked around April 29, 2021. This cyber attack on Colonial Pipeline Co., led to shortage of gasoline across the East Coast of U.S. and beyond. It resulted to significant increase in price of gasoline (per gallon) in the East Coast […]
Provide a short commentary about the behavior of your currency and list any identifiable reasons for its fluctuations
You should go ahead and do steps 1 and 2 at the beginning of the course. Don’t worry if you don’t know how to do the rest yet. You will learn how to do this in Module 2. 1. Select a foreign currency you want to speculate for or against. Do not select a currency […]
Explain how competition and self-interest brings about a worse outcome from either the economic actors or for society as a whole.
Look at the news (a traditional newspaper such as the New York Times or Wall Street Journal, Google Business News, a news magazine, or video news show) where you can identify an example of market failure, where pursuit of profit brings about a worse-off circumstance, either for the economic actors or for society as a […]