Basic Economic Concepts Scare and Nonscarce Resources Scarce resource refers to goods and services that people want more than they are available for free. A prime example is coal. On the other hand,...
Latest News - Economics
Discussion – Policies of the Federal Government Economic conditions often inform the government’s policy changes. In the U.S, policies by the federal government influence economic growth and...
Economics of Healthcare – Healthcare Competition Discuss what these organizations do to help compete with their competitors and draw in more patients, increase visits, and ultimately increase...
Government Intervention in the Markets and Economy of Venezuela The intervention of government in the free market can be detrimental to any country during most times. The interventions’ results are...
The Great Recession – Purchase of Toxic Assets From Financial Institutions In 2008, the American economy experienced intense turmoil due to a crisis in the financial system. The housing sector...
GDP and Shadow Economy A shadow economy refers to economic transactions that are deemed illegal. One of the reasons that render such activities illegal is the failure to comply with government...
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