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What are the goals of an economic system?

Essay Questions: What are the goals of an economic system? What is the criterion to measure the effectiveness of a system? (Ch. 3) There are four structural components to a perfectly competitive market. Which one of the four components is the most important to market...

Should bone marrow donors be compensated?

There are two articles to read here. Use these two articles and the Video “Death by Price Control” to contribute to the Discussion Board Activity this week. TOPIC: Should Bone Marrow Donors be compensated? Should people be allowed to sell their body parts?...

What is pent-up demand?

First view/listen to the following podcast: (copy and paste) https://www.npr.org/2020/05/11/854049027/on-demand After listening to the podcast, answer the following questions. What is pent-up demand? Is this good or bad for the economy? Do you think that demand will...