Chapter 1: Welcome to Economics!
https://drive.google.com/file/d/1nifsCeZVggQ3KuJ-P…
https://drive.google.com/file/d/1wAKd2hecEqfGDU-_i…
https://drive.google.com/file/d/1vR_B-G1-x2CqaVcpb…
https://drive.google.com/file/d/1WGgqCLPu7WVMnFfj1…
Please answer each question to the best of your ability
Question 1
I ask a few “big-picture” questions early on during the chapter 1 Part 1 lecture video (from the time stamp of around 1 minute to around 2 minutes). Select one of those questions and answer it here, in 1 or 2 sentences.
Question 2
In the chapter 1 Part 3 lecture video, I discuss 2 examples using the circular flow model. Suppose in the second example, your friend goes to the same gas station but purchases a vehicle inspection service instead. Would this new interaction take place in the inner circle or the outer circle of the circular flow model?
Question 3
In your own words, write a brief 1 or 2 sentence summary of the chapter 1 lecture videos for our course.
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