2. Identify three decisions that you (micro) have made recently.
3. Identify three decisions that our government (macro) has made recently. Use the internet, the newspaper, or television news to research this information.
4. List three resources that you allocate daily. Identify three ways in which you come by these resources.
5. Identify three material things you would like to own. Are these needs or wants? Explain.
2. One decision I have made is to sell my XBOX 360 and take that money to put towards a new Playstation 4. Another decision I made was to study my course work online. My car was low in gas, I also decided to fill the gas tank.
3. Three decisions that our government has made recently is the first the executive order put in place to suspend immigration from major terrorists countries. Another would be the withdrawal of the U.S. from the Trans-Pacific Partnership. Last, the reinstatement of the "Mexico City Policy" on defunding international abortion related services.
4. Three resources that I allocate daily are money for lunch, gas for car, and my time towards my class work.
5. Three materials I would like to own are a Ferrari, my own home, and my own company. These are wants because wants are things that are needed or desired.
3 answers
AGREE
3. Three decisions that our government has made recently is
--the first the executive order put in place to suspend immigration from major terrorists countries. How is this an example of macro-economics? Be ready to explain.
--Another would be the withdrawal of the U.S. from the Trans-Pacific Partnership. AGREE
--Last, the reinstatement of the "Mexico City Policy" on defunding international abortion related services. AGREE
4. Three resources that I allocate daily are money for lunch, gas for car, and my time towards my class work.
AGREE
5. Three materials I would like to own are a Ferrari, my own home, and my own company. These are wants because wants are things that are needed or desired.
Needs are not always desires/wants and vice versa.
Needs are things you NEED to stay alive and do what MUST be done -- a car (would a Volkswagen do?) to get to work and back -- and what else?
Which of those are wants/desires, but not needs?