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Business Economics
Below is a recommended topic for this discussion. If your instructor chooses a different "Making the Connection" from this weeks' readings or another alternate discussion topic, his or her chosen topic and any required work in MyEconLab or elsewhere will be in the instructors' first posting. Read the Making the Connection short case titled Why Did Iceland Recover So Quickly from the Financial Crisis? in Chapter 30 of our textbook, and also be sure to watch the video right under the Making the Connection title (maybe a few times). Then post your posting this week beginning to discuss what you've read and watched in the video.
Then work on Problems and Applications 2.23, at the end of Chapter 30, answering and discussing the questions in that exercise.
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
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The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
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What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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