Provide a brief summary of a current (within six months of the date of the assignment) news story, magazine article, opinion column, or any combination of the aforementioned, dealing with the application of macroeconomics to decision making. Choose one sentence from the article to analyze and critique. In the analysis, students MUST indicate what macroeconomic concept(s), principle(s), theory (theories), etc. is (are) being used (or implied) and if it (they) is (are) being used (or implied) correctly. Note that professional journals in economics are NOT listed in the above items to be read.

Answer rating: 100% (QA)

When the price of a product you want to buy goes up it affects you But why does the price go up Is demand greater than supply Does the cost go up because of the raw materials needed to make it Or is i... View the full answer