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Economics
Respond to the following prompt in a post with a minimum of 200 words, then comment on at least TWO other
posts.
Compare and contrast the use of government spending changes versus tax changes as a means of influencing
the course of the economy. Is one or the other preferable in specific situations? Imagine for a moment that you
have two roommates, who each have opposing viewpoints on nearly everything, including politics and
economics. Taylor is adamant that the best way to manage the economy is through tax changes, while Morgan
insists that it’s better to adjust the economy through government spending. What would a Neoclassical
economist say? What would a Keynesian economist say? Which roommate do you agree with, and why? Find
a news article to help support your opinion. Summarize the article and include the link to in your response.
Remember to cite your sources
The post Economics first appeared on COMPLIANT PAPERS.
Economics
Select a company, government agency or any other service outlet and one of its products that interest you to
study from an applied economic point of view. You are encouraged to look up articles about your chosen company
or agency utilizing such sources as Business Week, Forbes, Wall Street Journal, Marketing Communications,
Media-Scope, Advertising Age, Law Enforcement Magazines, Health Magazines, and etc. If possible, you should
visit or correspond with the company or agency, contact distributors or agents, and discuss the product(s) or
service(s) with actual or potential users. Collect economic data in the product(s) or service(s) you have
chosen.
A. At the end of this course, you should turn in a term paper that analyzes and estimates the demand of your
chosen firm’s product(s) or service(s).
B. Assume that your company or agency is concerned about near-term economic conditions and wishes to obtain a
qualitative forecast of sales or service in the upcoming quarter. Assume also that you are the market analyst
for your company or agency planning to use one or more of the leading economic indicators (LEI) published by
the US Department of Commerce to formulate your qualitative forecast. You can Google The Leading Economic
Indicator (LEI).
C. Explain how the indicator or each of the indicators might affect future sales and/or service. (For example,
if the average work week of production workers in manufacturing increased, explain the affect on your
company’s sales.) Explain which or among these indicators would be most important in formulating your
qualitative forecast.
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