Imagine that you are considering moving to a new country

Reference no: EM13393481

1.Describe two examples of important things that financial planning skills can help you do, and explain why these things are important to you personally.

2.List two examples of goods you have purchased in the past or may purchase in the future.

3.List two examples of services you have purchased in the past or may purchase in the future.

4. One of the functions of money is as a store of value. How does inflation affect money's ability to store value? (3-6 sentences. 2.0 points)

5. Imagine that you are considering moving to a new country and looking for a job there, but you first want to make sure the country has a strong economy. Describe at least three economic factors that you would want to research as evidence of the economy's strength or weakness, and explain how each factor would affect your decision to move there.

6. Explain which economic system (market, planned, mixed, or traditional) you think is best for consumers. Describe at least one reason why you think this system is best for consumers.

7. In capitalism, most businesses have a profit motive. Describe at least one reason that businesses with a profit motive may be helpful for society and at least one reason that they may be harmful for society. Then, explain whether you think profit motive is a good thing or a bad thing for society.

8. Choose a well-known company that you know of, and describe its direct and indirect competitors. Describe at least three direct competitors and three indirect competitors.

9. Imagine that you are buying a new computer and comparing different brands and prices. Describe at least two nonprice competition factors you might consider when making your decision.

10. Describe a real or made up but realistic example of a product that went through a time of scarcity, when demand was greater than the supply. What is the product, and why do you think it became scarce? What happened to the price of the product when it was scarce?

11. Describe a product, and then give an example of a time when the demand for this product might be high and the demand for this product might be low.

12. Describe an example of a product that has highly elastic demand. Describe at least two factors that make this product's demand so elastic

Reference no: EM13393481

Questions Cloud

Research each of the organizationsagreements then write the : research each of these organizationsagreements. then write a paper describing each of these agreements in detail -

The expense account for depreciation has unique : based on your studies answer the following question. be sure you clearly understand what an expense is in accounting

What do you mean by budget deficit explain how are budget : what do you mean by budget deficit? explain how are budget deficits financed? why do keynesians believe that budget

According to economic theory unlimited access to : 1. tv commercials newspaper and magazine ads the tools that carry and deliver the ldquoimagerdquo of a marketed product

Imagine that you are considering moving to a new country : 1.describe two examples of important things that financial planning skills can help you do and explain why these things

When output and employment slowed in early 2008 these : when output and employment slowed in early 2008 the bush administration and the democratic congress passed a

Crypton electronics has a capital structure consisting of : crypton electronics has a capital structure consisting of 41 common stock and 59 debt. a debt issue of 1000 par value

Explain the strategies of globalization and regionalization : sources must be cited in apa format. your response should be a minimum of one 1 single-spaced page to a maximum of two

Ceate ad sras and lras curves for economy experiencing a : construct the ad sras and lras curves for an economy experiencing a full employment b an economic boom and c a

User Account

All Pages