Economics and Book Online Essay
It is hard to tell from the information whether or not Liz has enough time between now and her next class to wait the 2 or 3-7 for shipping. It would be helpful to know if her class was tomorrow or next week and depending on what time of day she orders the book online or if it is over a weekend or close to a holiday that would also push the shipping date back some. Also where she lives in the U. S. Sometimes plays a factor in shipping times. Economics and Book Online By Blaine of many who worked in the home construction industry.
A Wall Street Journal news article reported that Wall-Mart’s wire-transfer business was likely to suffer because many construction workers are Hispanics who regularly send part of their wages back o relatives in their home countries via Wall-Mart. With this information, use one of the principles of economy-wide interaction to trace a chain of links that explains how reduced spending for U. S. Home purchases is likely to affect the performance of the Mexican economy. I think in this case this may fall under Principle #10: One person’s spending is another person’s income according to
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If you start from the top of the chain that may include lenders and financial institutions that are funding a construction or real estate project or they are finding that they are taking a high risk cause more people are defaulting on the mortgage loans. If that takes place then this hurts the lenders because there will be less potential home buyers because of people losing Jobs and finding it harder to find work so in return that will make the real estate market crash.
This chain of events will make it harder for the contractors to keep some of their workers and be forced to fire people so that will make it harder for the Mexican community to send money back to their families which is why it will also hurt Wall-Mart’s wire-transfer business. 3. During the Great Depression, food was left to rot in the fields or fields that had once been actively cultivated were left fallow. Use one of the principles of economy- wide interaction to explain how this could have occurred.
For this I would say that Principle #11: Overall spending sometimes gets out of line with the economy’s productive capacity, would fit this situation. Because there was not as much spending going on during the great depression that also would mean that there would be less people buying products such as foods from the fields. The food that was already reduced or grown would be left to rot if the sellers could not find any buyers. As it says in our textbook, “in the sass, spending fell far short of what was needed to keep American workers employed, and the result was a severe economic slump.