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Post at least three responses to the following topics. There are 3topics posted for this week. Two of your responses must relate to two topics.

Post at leastthree responsesto the following topics. There are3topicsposted for this week. Two of your responses must relate to two topics. The third response can be a contribution to one of your class mate's post or a response to the third topic. Each response must be a minimum of seven sentences. You may comment on more than one of your class mate's responses. All of your responses should be made on different days. Do not wait until the end of the week to make your responses.

  1. In a market economy resources tend to be allocated optimally. Discuss how the interaction of consumers and producers makes this happen.
  2. United States has large trade deficits with many countries. Discuss at least two reasons for the trade deficit. Note: Your discussion must be based on positive economic analysis. Avoid interjecting your own personal opinion.
  3. Many economists believe there is a conflict between the economic goals of growth and equity. Do you agree or disagree? Provide your reasons.

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