Latest News - Economics

Developing a Personal Financial Plan

Developing a Personal Financial Plan Identify the savings goal and the time frame you determined for reaching your goal. Why is the time frame you identified realistic? How did you arrive at this?...

Business Report- Remote Working

Business Report- Remote Working The business environment is constantly changing, with regulations, technologies, and global competition constantly changing. While working from home has held a bad...

Comparative Advantage in Trade

Comparative Advantage in Trade Benefits of Trade Specialization      The simulation game delves into the benefits that come with trade specialization. The results show that specializing in the...

Changes in Monetary Policy

Changes in Monetary Policy The bank must hold 8% in reserve and lend out the remaining 92%. That is, 0.08 × $90,000 = $7,200 The Bank of Ecoville must hold $7,200 in reserve and lend the remaining...