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Circular Flow

I need help finding an article that discusses the circular flow of goods and services. Please help me summarize the article's main points. Then, I need to find one source that disagrees with the article's position---highlight why. Include your opinion on the matter. Please include the reference info. for the articles found so that I can read and understand the issues. I must not be grasping this topic as I have searched through tons of articles yet haven't found any conflicting points highlighted --- or at least don't understand enough what i am looking for to know if I have found them. Can you please help me understand?

Subject:

Economics

Topic:

Economic Systems

Posting ID:

163455

OTA ID:

105382

View Details $1.99 Download Add to Cart

Describing a company that has made a strategic decision based on productivity, wages and benefits, and other fixed and variable costs.

Productivity and Cost Paper I need a subject to write this paper over. Prepare a 700-1,400-word paper describing a company that has made a strategic decision based on productivity, wages and benefits, and other fixed and variable costs. Analyze the decision and its expected outcomes. Incorporate the law of diminishing marginal productivity and the relationship between productivity and cost in your paper.

Subject:

Economics

Topic:

Economic Systems

Posting ID:

163673

OTA ID:

105368

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Assume the demand for plastic surgery is price inelastic.

Assume the demand for plastic surgery is price inelastic. Are the following statements true or false? Explain. a. when the price of plastic surgery increases, the number of operations decreases. b. the percentage change in the price of plastic surgery is less than the percentage change in quantity demanded. c. changes in the price of plastic surgery do not effect the number of operations d. quantity demanded is quite responsive to changes in price e. if more plastic surgery is performed, expenditures on plastic surgery will decrease. f. the marginal revenue of another operation is negative.

Subject:

Economics

Topic:

Economic Systems

Posting ID:

164386

OTA ID:

105382

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Income effects and substitution effects

After Iraq invaded Kuwait, gasoline prices rose dramatically--up to 50%. There were many effectrs of the increased price of gasoline. Explain the following effects in terms of the income effect, substitution effect, or both effects: a. people drove less and purchased less gas b. people ate out less often c. people had more tune-ups done on their cars d. bike sales went up e. the sale of lottery tickets fell f. people took vacations closer to home.

Subject:

Economics

Topic:

Economic Systems

Posting ID:

164461

OTA ID:

103987

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The size of the labor force in a community is 1,000, and 850 of these folks are gainfully employed.

8 out of 9 answered is acceptable. 1. The size of the labor force in a community is 1,000, and 850 of these folks are gainfully employed. In this community, 50 people over the age of 16 do not have a job, and are not looking for work. In addition, 80 people in the community are under the age of 16. The unemployment rate is: 2. Suppose nominal GDP in 2005 was $12 trillion and in 2006 it was $14 trillion. The general price index in 2005 was 100 and in 2006 it was 104. Between 2005 and 2006 real GDP rose by what percent? 3. The consumer price index was 190.7 in January of 2005, and it was 198.3 in January of 2006. Therefore, the rate of inflation in 2005 was about: 4 Part a. As the ... click for more

Subject:

Economics

Topic:

Economic Systems

Posting ID:

165037

OTA ID:

105382

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