ECO 205 complete_dq_s_for_entire_course

Apr 9th, 2015
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Hi there.This document contains A+ work for the course ECO 205.I am sure that this work will not disappoint you.This document will give you the correct answers to the respective questions about the particular course.

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WEEK 1 DQ 1 -Due Date: Day 2 [post to the Main forum] - Post your response to the following: The principles of economics influence your decision-making, interaction with others, and the economy as a whole. Give one example of how you are personally affected by each of the three areas. Are you affected positively or negatively? Explain your reasoning. How do budget constraints and personal preferences affect your choices as a consumer?Explain your answer. Minimum of 40 words for all these questions total.The area that most affects me and my family would have to be decision making, we all sit down together and decide as a family if something one wants is really needed. For instance, my younger son wants a swimming pool for his birthday. We sit down, go over the cost of the item and decide the long term cost, such as maintenance, water, chemicals for clear water and the dangers for having one. The overall cost is usually what helps make our decision for us. Since everything is going up in price even the cost of water needs to be considered. So this I would say sometimes has a negative affect on what we want to buy. My interaction with others has been affected as well, not as bad right now since the gas prices went back down. However, when the gas was extremely high we would just stay in and not go anywhere. Now we do go out every now and again to visit friends and family. The economy as a whole has had a negative effect on my entire family. With the unemployment

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