this is an attempt at a blog post.
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Our textbook defines unemployment as those who were not employed, were available for work, and had tired to find employment during the previ...
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Salida, Colorado is a small mountain town that exhibits a strong sense of community. And through this sense of community, locals tend to wan...
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What is Real GDP and Nominal GDP and how do they compare. What are each used for? In the US, historically, the real GDP has increased over t...
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this is an attempt at a blog post.
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Describe the short run trade-off between inflation and unemployment. Why is there not a long-run trade-off? How long do you think the sho...
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What in this chapter made you think about an economic concept differently than your previous beliefs? What new questions do you have now...
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https://www.marketplace.org/2020/10/06/augusts-trade-gap-was-the-biggest-in-14-years-thats-probably-good-news/ The piece above by Marketplac...
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Spring of 2020 the world economy experienced a significant decrease in SRAS. That was followed by a decrease in SRAD. Draw those on a grap...
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Inflation is like a tax; it erodes the value of holders and savers of money. One dollar today will buy less tomorrow. A balanced inflation...