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Write a 1,750- to 2,450-word word paper in which you decide whether to purchase a house.
- Discuss which principles of economics directly relate to your purchasing decision.
- Compare the marginal benefits and the marginal costs associated with your purchasing decision.
- Explain how the strength of the economy as a whole affected the marginal benefits and the marginal costs associated with that decision.
- Consider the roles of the domestic economy and international trade in your assessment of the strength of the economy.
- Determine what situations or conditions could have led you to make a different decision.
· Assume for this project that purchasing a new home is a major decision requiring a substantial financial outlay where the wrong decision has long-term financial consequences.
· Use three to five references in your paper (minimum but more can be used).
· Format your paper according to APA guidelines.
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Discuss the causes of the recent currency crisis in Turkey. What are the implications for the Turkish economy and the glob ...
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Find one or two news articles from the Internet that illustrate a shift in supply and/or demand. The article(s) need to illustrate at least two of the four graphs. This may require two articles. The article(s) must be recent (within the last six months), and MUST NOT be from an encyclopedia or reference website that discusses demand and supply.
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Summarize the article. (Do not quote the article, but explain it as if you were telling someone about it. If you do use direct quotes or paraphrases, remember that citations and references are required.) If you use more than one article, then citations are required.
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4 pages
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