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One Paragraph
Share your research on Economic News (At least 1 paragraph)
Chapter 2 –
Question 1) What is absolute advantage? What is comparative advantage? Is it possible for a country to have a comparative advantage in producing a good without also having an absolute advantage? Briefly explain.
Question 2) What other points in the chapter did you find interesting? (At least 1 paragraph)
Chapter 4 –
Question 1) What is economic efficiency? Why do economists define efficiency in this way?
Question 2) What other points in the chapter did you find interesting? (At least 1 paragraph)
Writing Standards. All written assignments (including threaded discussions) are expected to be free of grammatical and typographical errors. Please utilize spelling and grammar tools when submitting coursework. Do not write in sentence fragments; use complete sentences (unless instructed otherwise by the instructor).
PLEASE USE THIS BOOK AS A REFERENCE!
Hubbard, R. G., & O'Brien, A. P. (2015). Macroeconomics. Boston: Pearson.