Economics

Consumer behaviour has changed considerably in recent years. At the same time, production capacities for consumer goods have been built up in recent years to meet the constant demand for consumer goods. Technological innovation and stricter global regulations have made products practically safer. However, frequently it happens that products do not meet national and international requirements and thus pose a danger to consumers. The question is how the involved stakeholders deal with the topic product safety. Are our everyday consumer goods safe? Has the awareness of product safety changed over time? Have consumer goods actually become safer as a result of technological innovation?

Apply and analyze macroeconomic theories and models using a national or global event. This event may be current, historical, political, or social. Find and research at least five academic articles to conduct an analysis. Use articles to write and defend a claim or argument regarding the event. This is NOT a paper about what happened, but about why it happened, how it happened, or what will happen as a result.

Wegmans Food Markets, Inc., is one of the premier grocery chains in the United States. Headquartered in Rochester, New York, Wegmans operates over 70 stores, mainly in Rochester, Buffalo, and Syracuse. There are also a handful of stores elsewhere in New York State and in New Jersey, Pennsylvania, and Virginia. The company employs over 45,000 people, and has annual sales of over $3 billion. Wegmans has a strong reputation for offering its customers high product quality and excellent service. Through a combination of market research, trial and error, and listening to its customers, Wegmans has evolved into a very successful organization. Its sales per square foot are 50 percent higher than the industry average. Questions 1. How do customers judge the quality of a supermarket? 2. Indicate how and why each of these factors is important to the successful operation of a supermarket: a. Customer satisfaction. b. Forecasting. c. Capacity planning. d. Location. e. Inventory management. f. Layout of the store. g. Scheduling. 3. What are some of the ways Wegmans uses technology to gain an edge over its competition?

Expound on the government regulation of monopolies or oligopolies due to the COVID-19 pandemic. Find one article that expounds on the applications and impacts of government regulation of these two market structures and how it personally impacts you. Proper APA citation (in-text and works cited) required.

a)Gross Domestic Product (GDP) and Growth i.Analyze the annual GDP during the time frame to calculate specific growth rates and trends in the U.S. economy. ii.Choose two or three of the most relevant historical and/or current events during this time period that impacted the U.S. economy. Apply specific models developed throughout the course to demonstrate how these events influenced national output during this time. b)Unemployment and Inflation i.Analyze unemployment and inflation data during the time frame in their relation to output and growth, using macroeconomic principles and models to explain their effect. ii.Apply specific models developed throughout the course to demonstrate how the previously selected historical and/or current events influenced both unemployment and inflation during this time. c)Analyze interest rate fluctuations throughout this time period and their effects on other aspects of the economy. How would these fluctuations affect inflation? Would investments and foreign trade rates increase or decrease? How would the GDP of the American economy be affected?

What is government spending? How does government spending affects you and your family during COVID-19? Who creates the revenues for government to spend? How are these revenues created? only needs to be 2 paragraphs

The Measure of Economic Health [WLOs: 1, 2, 3] [CLOs: 2, 4] Gross domestic product (GDP) is defined as the value of final goods and services that are produced in a country’s territories within a certain time period, usually a year. In your paper, Assess GDP’s importance. Examine the shortcomings of GDP in measuring a […]

Come on now, get a job. In this activity, you will select a country and explore the concepts of unemployment and the phases of the business cycle as it relates to the economic well being of your selected country. Locate a recent article (published within the last year) that  addresses the unemployment theory and unemployment […]

Briefly describe the central bank of the United States and how it is organized. How does this organization interact with the banking system and how does the banking system relate to what we have studied regarding the macroeconomic goals of this country? Be sure to answer all parts of this question. You are selected as […]

Elaborate on how price ceilings and/or controls tend to generate misallocation of resources in the markets and create shortages/surpluses.  Provide a real-world example. Requirement: 1. APA format 2. The essay should be about 300 words or 1-2 pages