AB 204 Week 3 Journal | Assignment Help | Kaplan University

AB 204 Week 3 Journal | Assignment Help | Kaplan University 

Unit 3 Journal

Journal

Journal entry questions are related to the application of the key concepts you learn to the real-world economic issues. The questions contain key economic principles and ideas related to the Macroeconomics topics you are learning. Please feel free to express your perspectives and state how the economic principles and ideas affect your economic decision making process.

Title your Journal entry: Unit 3 Journal

Journal

Economists argue that successful business depends on creating sustainable and effective supply and demand networks. If you own (manage) a business, how do you create effective demand and effective supply to maximize profit?

There are pros and cons of relying on various policy instruments. Assume there is a proposal to raise tax revenue in order to make workers better off. The proposal includes raising the payroll tax paid by firms to use part of the extra revenue to reduce the payroll tax paid by workers. What are its pros and cons? Explain.

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