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Define factor market, factors of production and products market. Is manufacturing returning to the United States? Please discuss this topic and one business in this
- Define factor market, factors of production and products market.
- Is manufacturing returning to the United States? Please discuss this topic and one business in this situation.
- Why "production possibility frontiers/PPF/PPC" & curve is important in a company? Please give a brief discussion of "Tesla" case. Define the opportunity cost.
- Do you think that U.S. economic growth can be pushed by technology in 2022? How?
- Do you believe that "Specialization and trade" can play a major role on U.S. economic recovery from the pandemic consequences?
- Calculate the "GDP percentage change". Please calculate the "percentage change" using: For GDP=$16,397 billion in 2018 and $16,660 billion in 2019.
- Discuss the "Role of the Entrepreneur in the Market System".
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