July 3, 2022

The Ukraine-Russia war

    The Ukraine-Russia war has contributed to higher prices of crude oil, hence, crude oil is now priced at over $100 a barrel (Iancurci, 2022). […]
July 3, 2022

The main determinants of equilibrium of demand and supply

        What are the main determinants of equilibrium of demand and supply? Which is likely to have more of an impact on supply […]
July 3, 2022

Economic processes

  Economic processes produce outputs through involving many people, and groups of people (some of them active agents in the process, and some of them external […]
July 3, 2022

“Classical Economics” & “Keynesian Economics.”

          Look up the terms “Classical Economics” & “Keynesian Economics.” Briefly define them. Now that you understand fiscal and monetary policy and […]
July 3, 2022

Fiscal and monetary policies

      Fiscal and monetary policies are important because they are interventions for the natural flow of the economy. Research “Classical Economics” & “Keynesian Economics”. […]
July 6, 2022

Supply and demand analysis for the market for SUVs

1. Using supply and demand analysis explain what would happen in the market for SUVs if the relative price of gasoline increases. 2. How does rent […]
July 8, 2022

Factors for an efficient market

  What factors must exist for there to be an efficient market?
July 8, 2022

Market failure

  What does it mean when there is market failure? Give an example of market failure in the healthcare market?
July 8, 2022

The economic impact of government price controls

    What is the economic impact of government price controls? Provide an example of price controls in the healthcare area.