The United States and the European Union have been pressing China’s government to alter its exchange rate policy to allow more flexibility, presumably so that the yuan will appreciate by a substantial amount. What has been and are China’s policies toward the foreign exchange market? From the point of view of China’s government and the […]
Individual Assignment Supply and Demand Simulation (Microeconomics and the Law of Supply and Demand)
Watch the Khan Academy Video “Changes in Market Equilibrium” located in the Week 1 Khan Academy Videos. Write a 1,050- to 1,400-word paper summarizing the content of the simulation and address the following: Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video. Explain why you have categorized these selected principles or concepts as microeconomics […]
Critical Thinking
Find one or more articles about a good/service the United States exports and a good/service the United States imports. In a well-written paper, explain the following: Discuss what this suggests about the United States’ absolute and comparative advantage when it comes to this good/service. Using the concepts of supply and demand, discuss what effect a […]
milestones paper: various costs in firms and their market
The purpose of this milestone is for students to explore the various costs their firm faces and to describe their firm’s market. Using the concepts and tools developed in Modules Four and Five, students will analyze the fixed and variable costs of their firm, how those costs have changed over time, and how those changes […]