Category: Economics 2707

Henry Hazlitt’s Economics in One Lesson (1979) offers an introduction to liberal economics in a concise yet well-developed way. The book stresses what the author considers to be the two main principles for evaluating any action with an economic impact. These principles are considering the economic impact on the entire population and focusing on long-term…

The priorities of the Biden-Harris administration as seen in the first link are representative of highly expansionary policies. Expansionary fiscal policy is characterized by tax cuts, rebates, increased government spending, and infusing the economy with money through deficit spending (Lumen, n.d.). This can be seen in the administration’s policy priorities as it seeks to invest…

Table of Contents Introduction Six Stages of Consumer Buying Process Interpretation and Evaluation of Information about a Product Influence of Situational Factors Influence of External Groups and Cultural Beliefs Conclusion References Introduction Understanding the process of deciding on purchasing any product, especially an expensive one, is essential for marketers since this information allows them to…

The deepening of globalization is associated with an ever-increasing level of international migration (Artal-Tur et al. 8). In order to better understand the implication of the phenomenon, it is necessary to explore it from the demographic, social, and economic points of view. One should understand that migration is a powerful force of socio-economic change that…

Tariffs in Argentina Having accessed the WTO website, I selected Argentina as a country for the analysis of tariffs. As the website confirms, in Argentina, the taxes and other duties on agricultural products are higher than those on non-agricultural products. According to the data provided by WTO, the final bound of tasks applied in 2014…

The business marketplace undergoes considerable changes regularly, creating new options to improve the working process or avoid unpredictable problems. The promotion of specialization is a common and reliable step in terms of which specialists understand their duties and do their work faster because of the level of knowledge and experience in particular spheres. According to…

Table of Contents Application of Correlation Analysis Summary of the Problem Being Researched The Use of Regression Analysis in the Study Potential Application of the Business Problem Reference Application of Correlation Analysis Correlation analysis articles are helpful in providing an alternative on how a certain business problem can be solved. The application of correlation analysis…

Table of Contents The Factors that Contribute to the Growth in Medications Regulation of Pharmaceuticals in the United States The Impact of Medication Costs for the Uninsured Actions that Could be Taken to Reduce Medication Costs References The Factors that Contribute to the Growth in Medications The country’s spending on medications is usually determined by…

The following analysis of Wilson Corporation’s equity cost and Weighted Average Cost of Capital (WACC) is aimed at determining whether the CEO of the company made a reasonable suggestion to increase the long-term debt and balance debt by 60% and equity by 40%. In the beginning, it is important to mention that in order to…

The current economic situation on the African continent presents a disturbing picture. For the most part, power is represented by totalitarian, authoritarian regimes and military juntas, exploiting their uneducated people and the country’s natural resources. The continent is fragmented between states, the borders drawn by the former European colonial empires without regard to the ethnic…