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Date Posted: 09/03/2020
Category: Business
Due Date: 11/03/2020
Instruction
Choose an article published in the last two weeks in one of these six resources (Wall Street Journal, Business Week, Economist, Bloomberg, Reuters, CNBC) or any other, just make sure to provide the link. Discuss how the article relates to one or more of the Ten Basic Principles of Economics: People Face Trade-offs The Cost of Something Is What You Give Up to Get it Rational People Think at the margin People Respond to Incentives Trade Can Make Everyone Better Off Markets Are Usually a Good Way to Organize Economic Activity Governments Can Sometimes Improve Market Outcomes A Country’s Standard of Living Depends on Its Ability to Produce Goods and Services Prices Rise When the Government Prints Too Much Money Society Faces a Short-Run Trade-off between Inflation and Unemployment Respond to at least two classmates’ original posts discussing their article and the merits of the principle(s) they chose.
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