What are the implications of profit changes for expansion

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Reference no: EM133516351

Assignment:

Go to the Bureau of Economic Analysis.

Scroll down and click Interactive Data.

In your initial response to the topic, you have to answer all the questions:

1. Based on the most recent figures, which of the following categories of industry classifications has the greatest profits?

Financial or nonfinancial
Manufacturing, transportation and warehousing, wholesale trade, or retail trade
Durable goods or nondurable goods

2. During the past years, which sectors had the largest and smallest percentage increase in profit?

3. Which sectors, if any, experienced losses?

4. What are the implications of the profit changes for expansion or contraction of the particular industries?

5. Reflection: the students should also include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

Reference no: EM133516351

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