Go to the internet and find anewsarticlepublishedwithin the last monththat discusses changes in demand and supply of particular goods or services, summarize key points. use specific economic vocabulary within your summary, such as demand, supply, quantity demanded, determinants of demand, shifts in demand curve, and so on. Also, you should discuss changes in equilibrium quantity and equilibrium price.

The article you choose may not use these exact terms; therefore, it is incumbent upon you to convert the article language into economic language as is appropriate.

Note that the goal of this discussion is to read, understand, and discuss recent news using microeconomic terminology. The article should be from an online newspaper or magazine. Materials posted on educational websites, such asThe Balance, Khan Academy, and so on, are not considered news articles even if they were recently updated and contain material related to the discussion topic.

Reflection:include a paragraphin the initial responsein own words, using microeconomic terminology,reflecting on what they learned from the assignment and how they think they could apply what they learned in the workplaceor in everyday life.

Answer rating: 100% (QA)

Article Summary Why Are Home Prices So High published June 16th 2023 by The Wall Street Journal https wwwwsjcomarticleswhyhomepricesremainhighdespites... View the full answer