the country withthe important resource of labor.
government today. It also brings forth a means of finding a piece of the solution to these
Funding for Education Response
Education is integral in the development and increased productivity of a
nation. Our new education policy proposes that inner-city schools receive
increased funding for the purpose of increasing their graduation rates. In lo
* Market Allocation (page 3) schemes in which competitors divide markets among themselves. In such
schemes, competing firms allocate specific customers or types of customers, products, or territories among
themselves. Book Example: After i
Article #5: The Cost of Doing Nothing on Health Care
Medical/hospital costs and health insurance costs are rising rapidly- faster
than the rate of inflation. This means that costs are rising faster than what the people
can afford with their wages (even wh
As the worlds scarce energy resources of fossil fuels andcoal begin to deplete andprices
A nations capital is its available supply of plant, equipment, and software. It is the result of past decisions to
make investments in these items.
Capital formation is synonymous with investment. It refers to
Article #3: U.S. Consumer Spending Increases More Than Forecast
Last January, consumption in the US, the largest factor of GDP, increased. As
consumption rises, the MPC rises as well, making the consumption multiplier
(1/MPS or 1/(1-MPC) more si
Aggregation means combining many individual markets into one overall market.
Deflation refers to a sustained decrease in the general price level.
Final goods and
Final goods and services are those that are purchas