BU204_03_Johnson_Jennifer_Unit 10 reflection

BU204_03_Johnson_Jennifer_Unit 10 reflection - Reflection 1...

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Reflection 1 Running Head: UNIT 10 REFLECTION Reflection Jennifer Johnson Kaplan University BU204 Macroeconomics Anthony Brogna Term December 19,2010
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Reflection 2 This class was very eye opening. One of the most interesting things to be was when we looked at supply. When you hear the term "supply", you probably think of products made. While this is true to some extent, it is not the whole definition of supply as it applies to macroeconomics. When looking at supply in macroeconomics, it means the amount that producers of the product are willing to produce and offer for sale at a specific price during a specific period of time. Certain variables will change this amount. For instance, if people drop from buying 10 of the products a week to buying 10 of the products a month. In this situation, suppliers are forced to adjust their supply or take a loss. The knowledge that I have gained is beneficial professional as well as personally. This class specifically has opened my eyes to new ideas and pathways that my future could
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BU204_03_Johnson_Jennifer_Unit 10 reflection - Reflection 1...

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