REFERENCE:

Mateer, D., & Coppock, L. (2017). Principles of macroeconomics,2E (2nd ed.). New York, NY: W. W. Norton & Company.

1.a)Who and what are the four economic decision-makers/actors discussed in the Week 2 lecture (the TANSTAAFL TRIBUNE) and what do they attempt to maximize?

b)Providereal-world examples ofthe four economic decision-makers/actors and discuss how they attempt to maximize whatever it is that they maximize. Do not use examples discussed in the course text.

Be sure you view the hit movies (PowerPoint slide shows) calledSupply and Demand: Secret Livesand its sequel,Supply and Demand: Saturday Night Fever.