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[SOLVED] Unit II Homework

  • Weight: 5% of course grade
  • Grading Rubric
  • Due: Tuesday, 09/17/2019 11:59 PM (CST)
Instructions

Answer the following from the Problems Appendix in the back of your textbook on pp. 326-328, and upload your answers through Blackboard:

  • Chapter 3: Questions 1 and 10
  • Chapter 4: Questions 2, 3, 4, and 12

Your completed Homework assignment should be at least three to four pages in length. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style. 

Resources

The following resource(s) may help you with this assignment.

Unit Two Discussion Question

COLLAPSE

Select three from the following list of changes and explain the effect on the price of oil. Also describe what could cause the price to move in the opposite direction.

a. Tax credits are offered for expenditures on home insulation.
b. Another Alaskan pipeline is completed.
c. A  ceiling on the price of oil is put into pace.
d. A new, very large deposit of oil is discovered.
e. Buyers in large numbers all of the sudden stop driving large sport utility vehicles.

f. The use of nuclear power suddenly suddenly decreases.

Along with contributing your own answer by Saturday, contribute a thorough, thoughtful response to at least one classmate by Tuesday.

[Solved]The Macroeconomic Way of Thinking

In Unit #2 we delve into the core concepts of economics, supply and demand. Though the laws of supply and demand are clear and straightforward, they have wide-ranging applications that are powerful and enlightening. Along with the assigned reading and weekly discussion questions, there is an assessment due at the end of the week.

Please contact me with any questions or concerns.

Prof. Hovey