Description
How does a country's GDP factor in determining a country's growth rate? Explain and give an example of a country. Cite references.
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.
Explanation & Answer
This is my final answer. If there are any concerns or questions you have about the answer, just let me know! --------------------------------...
Completion Status:
100%
Review
Review
Anonymous
I was having a hard time with this subject, and this was a great help.
Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4
24/7 Homework Help
Stuck on a homework question? Our verified tutors can answer all questions, from basic math to advanced rocket science!
Most Popular Content
2 pages
Modular Manufacturing
Explain the concept of modular manufacturing. What are the steps involved in Production Modular manufacturing entails brea ...
Modular Manufacturing
Explain the concept of modular manufacturing. What are the steps involved in Production Modular manufacturing entails breaking a product into ...
University of South Florida Tableau Packaged Workbook Project
READ THIS!! When done - there are 3 steps:First, submit to the project assignment to THIS assignment: and include your 1 ...
University of South Florida Tableau Packaged Workbook Project
READ THIS!! When done - there are 3 steps:First, submit to the project assignment to THIS assignment: and include your 1) a Word document, 2) a Tableau twbx file (be sure it ends with twbx) and 3) the URL to your YouTube video (copy / paste it to the comment area of the assignment)Next, submit your URL to the "Citizen Data Science Certificate Survey in our Assignment area". (I willl do it just kindly provide me the link of the videoFinally, submit a second copy of your Word document to the plagiarism check assignment called "TurnItIn for the Tableau 2 Word Document" This is required.Check your upload: look at the submission information on the right side of your screen and 1) download a copy a copy of your project FROM Canvas to another folder on your computer. 2) Open this copy, be sure it’s the right project, etc. and then 3) close / save this copy. This is your back up copy and the creation and last modified dates will be retained as long as it is unopened.CHOOSE TABLEAU ONLINE using my tableau account:username: thienhalevan@gmail.compassword: Matkhau123About the video, please help me with it. if that isn't the case please kindly give me the script of that video or tell me what it should be included
11 pages
Need Help With Finance Question Bonapette
1. Elliott’s Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. Its beta ...
Need Help With Finance Question Bonapette
1. Elliott’s Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. Its beta is 1.6, risk-free rate is ...
SEU Firms in Electricity & Cable Tv and Restaurants Differences Discussion
Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or ...
SEU Firms in Electricity & Cable Tv and Restaurants Differences Discussion
Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands? What might be a general difference that leads to some industries having many firms while others are dominated by just one or two?”
Hillsborough Community College Price Gouging Discussion
https://youtu.be/I1Dy2b-r5T4
https://youtu.be/HwPoZT9x_RQ
This week’s discussion topic is about Price Gouging. Price gou ...
Hillsborough Community College Price Gouging Discussion
https://youtu.be/I1Dy2b-r5T4
https://youtu.be/HwPoZT9x_RQ
This week’s discussion topic is about Price Gouging. Price gouging occurs only under a narrow set of legally defined circumstances. Price gouging is a legal concept, not an economic concept.
When a natural disaster occurs and the governor of the state declares a state of emergency then the price gouging law of that state will go into effect, but only if the state has such a law.
The economic effect of price gouging laws is to put a Price Ceiling on all goods and services covered by the state’s price gouging law. Price ceilings always cause shortages.
Assignment Summary:
Read "Florida Lawsuits Allege Price Gouging," and "They Clapped: Can Price-Gouging Laws Prohibit Scarcity?"
Read the article from Chapter 4 in your textbook: "In the News: Price Increases after Disasters" (pages 80-81).
Also read the article - The Problem with Price Gouging Laws The Problem with Price Gouging Laws - Alternative Formats .
Watch the Price Gouging videos above.
Summarize the main points of each article and decide which graph (A, B, C, or D) can be used to explain each event and why – be specific. More than one graph may apply. ( SupplyAndDemandGraphs2.doc Supply and Demand Guide - Alternative Formats and Supply and Demand Graphs.pptx Supply and Demand Powerpoints - Alternative Formats )
What is your conclusion? Is price gouging a good thing or not? Or is it just necessary? Explain why.
Refer to two different concepts and include an explanation why you think they are relevant to the topic using specific information from the articles, videos and other research that you have done
PART 2
Reply to these two classmates with 150-word count each
Saphrianece - In the article it states that back in 2004, attorney Charlie Crist and his office was investigating at least 1,200 complaints of price gouging. The gouging happened during the disaster of Hurricane Charley. Two hotels, “Days Inn,” located in West Palm Beach and “Crossroads Motor Lodge,” located in Lakeland were both under the investigation for price gouging. Crossroads Motor Lodge had advertised their rooms for less than $45 per night but buyers had difficulty getting their rooms. The Days Inn was charging three buyers more than double the price they seen on a billboard, that advertised the Days Inn at less than $50 per night. Each of the three consumers all purchased the room in sense of urgency because they were told that there was “only two rooms left.” The graph that can be used to explain this event is Graph A. Graph A explains that a consumer would be willing to pay more for the quantities of the good. The consumers at both hotels did just that because they were all in desperate need of somewhere to stay due to the nature of the disaster. My conclusion is that price gouging can either be a good or bad thing. I say a good thing for the business because it brings them more money but, also a bad thing because it can get them into legal trouble. I also say bad thing because of the people who cannot afford to pay the price at the time.
Trinity - I personally found both of the articles that we read were very interesting and offered different perspectives on the same topic. Article one, Florida lawsuits Allege Price Gouging, I found particularly interesting as I have lived in Florida all my life and am far too familiar with hurricanes and attempted price gouging. This article was about price gouging on hotels during Hurricane Charley. This is both ethically and legally wrong. Businesses are not allowed to raise the prices during times of crisis. I feel that graph D was the most representative of this situation. The business raised the prices after advertising a lower price, and due to the severe need for housing, people were willing to pay that price. In the second article, They Clapped: Can Price-Gouging Laws Prohibit Scarcity, the main discussion point was about the scalpers selling ice at absurd prices during the aftermath of another hurricane. But due to the high heat index and humidity, people were willing to pay the high prices for ice. The people clapped when authorities came to put the price-gouging to rest. I believe graph A is the best representative of the situation. The demand for ice was growing by the hour and these scalpers found a way to bring in more supply. Even after reading the article, In the News: Price Increases after Natural Disasters, my opinion on price-gouging remains unchanged. Price-gouging is and should remain illegal. It is immoral and businesses should not be allowed to pry on people when they are at their most vulnerable.
Similar Content
The Continuing Saga of Sam and Judy
The Continuing Saga of Sam and Judy Part Four After thinking about things for a while Sam and Judy have decided t...
Does the Price of Oil Even Matter Article Discussion
Follow the instruction will be fine, let me know if you dont understand the instruyion...
PNBRU Investment and Portfolio Analysis Paper
P1: Introduction
• Importance of capital market for investment opportunities
The Importance of capital market for invest...
CSM The United States Economic History Essay
Must answer:
#1) Provide a description and explanation of the Great Recession of 2008-2009.
Write on 2...
Chapman University Economics Review and Equilibrium State Questions
I need all of the attached questions answered including the one page essay discussion which is the last question and can b...
ECON 201 SEU Money Growth and Inflation Macro Economics Case Study
...
Assignment 2 Case Study
Taxation pays for public goods and services and acts as a primary ingredient in the social contract between citizens and a...
Econ Human Resources Economic
Reducing the tax rates while taking care not to get into losses .............................................................
Efb240 Workshop 9 Questions Finance
1. Exchange Rate Systems. Compare and contrast the fixed, freely floating, and managed float exchange rate systems. What a...
Related Tags
Book Guides
Alice in Wonderland
by Lewis Carroll
Big Little Lies
by Liane Moriarty
Slaughterhouse Five
by Kurt Vonnegut
The Old Man and the Sea
by Ernest Hemmingway
The Secret Life of Bees
by Sue Monk Kidd
Salt To The Sea
by Ruta Sepetys
Uncle Tom's Cabin
by Harriet Beecher Stowe
Mrs Dalloway
by Virginia Woolf
Gone with the Wind
by Margaret Mitchell
Get 24/7
Homework help
Our tutors provide high quality explanations & answers.
Post question
Most Popular Content
2 pages
Modular Manufacturing
Explain the concept of modular manufacturing. What are the steps involved in Production Modular manufacturing entails brea ...
Modular Manufacturing
Explain the concept of modular manufacturing. What are the steps involved in Production Modular manufacturing entails breaking a product into ...
University of South Florida Tableau Packaged Workbook Project
READ THIS!! When done - there are 3 steps:First, submit to the project assignment to THIS assignment: and include your 1 ...
University of South Florida Tableau Packaged Workbook Project
READ THIS!! When done - there are 3 steps:First, submit to the project assignment to THIS assignment: and include your 1) a Word document, 2) a Tableau twbx file (be sure it ends with twbx) and 3) the URL to your YouTube video (copy / paste it to the comment area of the assignment)Next, submit your URL to the "Citizen Data Science Certificate Survey in our Assignment area". (I willl do it just kindly provide me the link of the videoFinally, submit a second copy of your Word document to the plagiarism check assignment called "TurnItIn for the Tableau 2 Word Document" This is required.Check your upload: look at the submission information on the right side of your screen and 1) download a copy a copy of your project FROM Canvas to another folder on your computer. 2) Open this copy, be sure it’s the right project, etc. and then 3) close / save this copy. This is your back up copy and the creation and last modified dates will be retained as long as it is unopened.CHOOSE TABLEAU ONLINE using my tableau account:username: thienhalevan@gmail.compassword: Matkhau123About the video, please help me with it. if that isn't the case please kindly give me the script of that video or tell me what it should be included
11 pages
Need Help With Finance Question Bonapette
1. Elliott’s Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. Its beta ...
Need Help With Finance Question Bonapette
1. Elliott’s Cross Country Transportation Services has a capital structure with 25% debt at a 9% interest rate. Its beta is 1.6, risk-free rate is ...
SEU Firms in Electricity & Cable Tv and Restaurants Differences Discussion
Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or ...
SEU Firms in Electricity & Cable Tv and Restaurants Differences Discussion
Why do industries like electricity or cable TV have just one or two major firms while other industries like restaurants or clothes have hundreds or thousands? What might be a general difference that leads to some industries having many firms while others are dominated by just one or two?”
Hillsborough Community College Price Gouging Discussion
https://youtu.be/I1Dy2b-r5T4
https://youtu.be/HwPoZT9x_RQ
This week’s discussion topic is about Price Gouging. Price gou ...
Hillsborough Community College Price Gouging Discussion
https://youtu.be/I1Dy2b-r5T4
https://youtu.be/HwPoZT9x_RQ
This week’s discussion topic is about Price Gouging. Price gouging occurs only under a narrow set of legally defined circumstances. Price gouging is a legal concept, not an economic concept.
When a natural disaster occurs and the governor of the state declares a state of emergency then the price gouging law of that state will go into effect, but only if the state has such a law.
The economic effect of price gouging laws is to put a Price Ceiling on all goods and services covered by the state’s price gouging law. Price ceilings always cause shortages.
Assignment Summary:
Read "Florida Lawsuits Allege Price Gouging," and "They Clapped: Can Price-Gouging Laws Prohibit Scarcity?"
Read the article from Chapter 4 in your textbook: "In the News: Price Increases after Disasters" (pages 80-81).
Also read the article - The Problem with Price Gouging Laws The Problem with Price Gouging Laws - Alternative Formats .
Watch the Price Gouging videos above.
Summarize the main points of each article and decide which graph (A, B, C, or D) can be used to explain each event and why – be specific. More than one graph may apply. ( SupplyAndDemandGraphs2.doc Supply and Demand Guide - Alternative Formats and Supply and Demand Graphs.pptx Supply and Demand Powerpoints - Alternative Formats )
What is your conclusion? Is price gouging a good thing or not? Or is it just necessary? Explain why.
Refer to two different concepts and include an explanation why you think they are relevant to the topic using specific information from the articles, videos and other research that you have done
PART 2
Reply to these two classmates with 150-word count each
Saphrianece - In the article it states that back in 2004, attorney Charlie Crist and his office was investigating at least 1,200 complaints of price gouging. The gouging happened during the disaster of Hurricane Charley. Two hotels, “Days Inn,” located in West Palm Beach and “Crossroads Motor Lodge,” located in Lakeland were both under the investigation for price gouging. Crossroads Motor Lodge had advertised their rooms for less than $45 per night but buyers had difficulty getting their rooms. The Days Inn was charging three buyers more than double the price they seen on a billboard, that advertised the Days Inn at less than $50 per night. Each of the three consumers all purchased the room in sense of urgency because they were told that there was “only two rooms left.” The graph that can be used to explain this event is Graph A. Graph A explains that a consumer would be willing to pay more for the quantities of the good. The consumers at both hotels did just that because they were all in desperate need of somewhere to stay due to the nature of the disaster. My conclusion is that price gouging can either be a good or bad thing. I say a good thing for the business because it brings them more money but, also a bad thing because it can get them into legal trouble. I also say bad thing because of the people who cannot afford to pay the price at the time.
Trinity - I personally found both of the articles that we read were very interesting and offered different perspectives on the same topic. Article one, Florida lawsuits Allege Price Gouging, I found particularly interesting as I have lived in Florida all my life and am far too familiar with hurricanes and attempted price gouging. This article was about price gouging on hotels during Hurricane Charley. This is both ethically and legally wrong. Businesses are not allowed to raise the prices during times of crisis. I feel that graph D was the most representative of this situation. The business raised the prices after advertising a lower price, and due to the severe need for housing, people were willing to pay that price. In the second article, They Clapped: Can Price-Gouging Laws Prohibit Scarcity, the main discussion point was about the scalpers selling ice at absurd prices during the aftermath of another hurricane. But due to the high heat index and humidity, people were willing to pay the high prices for ice. The people clapped when authorities came to put the price-gouging to rest. I believe graph A is the best representative of the situation. The demand for ice was growing by the hour and these scalpers found a way to bring in more supply. Even after reading the article, In the News: Price Increases after Natural Disasters, my opinion on price-gouging remains unchanged. Price-gouging is and should remain illegal. It is immoral and businesses should not be allowed to pry on people when they are at their most vulnerable.
Earn money selling
your Study Documents