Economics Homework Thirteen Answers - Student Eighteen

AnthonyF

1. The correct answer is b

Correct!

2. It is the result of free trade.

Right.

3. It is to make sure that the banking system doesn’t collapse

Correct again!

4.your good is inelastic

Correct again!

5. The right answer is c

Correct on a difficult question.

8. If they charged more there would be competition and if they charged less they would loss money overall

Excellent. (Note: "lose money," not "loss money")

10. I think to sum it up the best word would be patriotism because it protects our economy

Terrific.

11. Keynesian economics is the hypotheses that the more the government spends the better off the public is which to me that sounds like the government should be involved in everything which is straight from The Communist Manifesto

Good analysis, which I enjoyed reading. Keynesian economics is not quite as bad as the Communist Manifesto but the comparison is worth mentioning. Well done.

Perfect final homework! One of the best in the class, and a terrific finish to the homework for a very difficult course. Congratulations! 80/80.--Andy Schlafly 13:53, 20 December 2009 (EST)