Economics Questions 5
As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Prices of Producer Goods - Profit Production, Equity & Investment How does supplying labor affect producer goods? How does capital value work? What is the flaw in only having a barter economy? What is the major correlation between pro
JulieC Clark
4 days ago1 min read
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Economics Questions 4
As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Unhampered Market Economy - Prices of Consumer Goods How is the economy hampered? Is an unhampered market preferable or even attainable? Is a gerneral medium of exchange such as fiat paper money more or less beneficial to the economy
JulieC Clark
Oct 121 min read
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Economics Questions 3
As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Scope of Economics: Human Action - Voluntary Echange & the Division of Labor How does rational & irrational behavior amongst the common people affect the economy & how economists think? How does time change the value the individual pl
JulieC Clark
Sep 261 min read
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Economics Questions 2
As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Supply & Demand - Method of Economics How do personal preferences affect supply & demand? How much of a difference does that make large scale? How does pice elasticity affect small businesses? Why doesn't money have a fixedvalue? Is t
JulieC Clark
Sep 121 min read
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Economics Questions 1
As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Principles of Economics - Specialization of Trade How can understanding economics be helpful to an average person's daily living? How do specialization & trade create economic cooperation?
JulieC Clark
Aug 301 min read
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