Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

You are on the hot seat of the nation's top economist! Are you ready to apply your understanding of the concepts from Unit 1? Here

You are on the hot seat of the nation's top economist! Are you ready to apply your understanding of the concepts from Unit 1? Here is your opportunity to share your comprehension of the concepts covered in these four chapters to our economy (aka our course-mates) at large.

I have selected two different podcasts that you will listen to and you will give me your thoughts on the subject.

Option 1

Supply and Demand- https://www.econtalk.org/mckenzie-on-prices/

Option 2

Opportunity cost- https://www.npr.org/2020/07/07/888690075/summer-school-1-choices-dating

Here are some questions that you can answer:

1. Do you agree with the statements made in the episode? Why or why not?

2. How does it relate to an economic concept covered in class or in the book?

3. Does the episode reinforce what you have learned? What is different?

4. How does this topic relate to your life?

There are no wrong answers. I just want to think more deeply about these topics and see that there can be differing views.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Administration And Law

Authors: David H Rosenbloom, Rosemary O'Leary, Joshua M Chanin

3rd Edition

1439803986, 9781439803981

More Books

Students also viewed these Economics questions

Question

Explain the primary differences between duress and undue influence.

Answered: 1 week ago