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Economics for Decision-Making: Current state of the U.S. economy
Deliverable Length: 9-12 slides with notes
Create a presentation for the Board which examines the current state of the U.S. economy. Use the Library to find the up-to-date information needed. Focus on four key economic metrics: Gross Domestic Product (GDP), unemployment, inflation, and interest rates. In addition, discuss the state of the economy and political landscape for the largest economies in each of the three following international regions: Latin America and the Caribbean (Brazil), Europe (Germany), and Asia (Japan). Finally, compare and contrast the U.S. economy with the economies of the other countries.
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Each demand curve must eventually hit the quantity axis because with limited incomes there is always a price so high that there is no demand for the good.
We have learnt that in a perfectly Competitive market, all cost savings from a technological advance are passed along to cnsumer in the form of lower prices
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