What assumptions about the economy must be true for the invisible hand to work? To what extent are those assumptions valid in the real world? Do these conditions hold in the social service industries?   Option 2: As illustrated in the text, society must make trade-offs in terms of what society produces. Examine these trade-offs […]

Global Trade and the Quality of Life   It has been said that global trade improves the quality of life. Using research, argue either for or against the statement that global trade improves the quality of life.   For the initial post, address the following:   Do you believe that this statement is true? Why […]

The Federal Deficit and National Debt   Required Resources   Read/review the following resources for this activity:   Textbook: Chapter 27, 28, 30   Lesson   Minimum of 1 scholarly source (in addition to the textbook)   Optional Resources   Link (website): U.S. National Debt Clock (Links to an external site.)   Introduction   The […]

Inflation in the Costs of Education and Healthcare   Required Resources   Read/review the following resources for this activity:   Textbook: Chapter 22   Lesson   Link (website): Bureau of Labor Statistics: Employment Situation (Links to an external site.)   Minimum of 1 scholarly source (in addition to the textbook)   Introduction   The Consumer […]

Unemployment and Skills Mismatch   Required Resources   Read/review the following resources for this activity:   Textbook: Chapter 21   Lesson 1, 2   Link (website): Occupational Outlook Handbook (Links to an external site.)   Minimum of 1 scholarly source (in addition to the textbook)   Introduction   In the last few years, there has […]

Market Concentration of Firms and the Determination of Price and Output   Required Resources   Read/review the following resources for this activity:   Textbook: Chapter 9, 10   Lesson   Minimum of 1 scholarly source (in addition to the textbook)   Initial Post Instructions   Consider the following statement:   Firms in the healthcare industry […]

Locate a news article discussing a social services business failure or closure. Using the concepts in the lesson and Chapter 7, identify the root causes for the failure, examining the short run and long run. Use graphs if necessary.   Assume the business was in a perfectly competitive market. How do firms in a perfectly […]

Research the local job market including the wage for the position you want when you graduate. Data is available from the Bureau of Labor Statistics; however, you can use other wage information sources. In your post, address the following:   Indicate the position, the national average wage, and the wage in your specific geographic location. […]

What assumptions about the economy must be true for the invisible hand to work? To what extent are those assumptions valid in the real world? Do these conditions hold in the social service industries?   Option 2: As illustrated in the text, society must make trade-offs in terms of what society produces. Examine these trade-offs […]

What assumptions about the economy must be true for the invisible hand to work? To what extent are those assumptions valid in the real world? Do these conditions hold in the social service industries?   Option 2: As illustrated in the text, society must make trade-offs in terms of what society produces. Examine these trade-offs […]