#Principles Of Economics

Question 1 Discussion: If you compare the change in GDP to the change in per capita GDP, which would you expect to be larger?  Why?   Question 2   Discussion: Some low-income countries and middle-income countries around the world have shown a pattern of economic convergence with high-income countries. What is this? Illustrate with an … Read more

Question 1 As we expected preventive measures to be taken by local and national authorities to prevent the spread of the COVID-19, the demand for surface and hand sanitizers skyrocketed. How did COVID-19 impact the price elasticity of surface and hand sanitizers, and could a rational (profit maximizer) surface and hand sanitizers producer or seller … Read more