This Research Paper Seeks To Understand The Current Economic

1. Law enforcement agencies seek for lawbreakers to create problems in which they are fined for crimes they have committed. They want this to happen in order to create fines for these criminals in order for the agencies to make a certain amount of revenue from the fines that the lawbreakers pay as a consequence of their actions. Some laws that law enforcement agencies set up in order to create this type of revenue off of lawbreakers include speeding tickets. The action of speeding can cause more good than harm because of the amount of revenue that speeding tickets can produce, compared to the amount of speeding related automobile accidents that people who

Predatory lending has caused many conflicts in the American society. Victims who fall for predatory lending are

As we now know, the U.S. economy, the middle class, and its job growth was damaged by the overwhelming collapse of Wall Street, which was triggered by the downfall of the housing market and sub-prime loan defaults. One of the main things that need to be addressed in our economy today is the housing market and making sure that our banks and credit unions are not allowing people who do not have the necessary income to pay their mortgage disbursements. In an article entitled Thinking outside the Housing Bubble, the author John Vogel remarks how the economy is generally supported by the housing market. Vogel states:

Find an article about a current event that discusses a change in the supply or demand of a product.

If a poor family of five suddenly has their refrigerator break they will think that their only option is to take out a short term loan to be able to afford to fix it. They end up paying ridiculously high interest rates over a long span of time, forcing them to pay over five times what they needed in the first place in some occasions. Another example of this is financing offered by major companies, an average iPad would normally cost under six hundred dollars upfront, but the company Apple offers a family looking to purchase one a weekly payment plan for a year and a half. After seventy-eight weeks the family can end up paying just slightly under two thousand dollars for the same iPad. The poor often don’t trust banks either, this is because of a combination of factors. They take their loans out at banks if they’re lucky enough to be approved, with APR, annual percentage rates, as high as six hundred precent. Even though these loans are meant to take weeks at a time at most to repay, researcheers have found the on average poor families take up to nine of these loans and end up being indebted for over a year! They do not read or understand the terms and conditions that they decide to sign. Banks also charge overdraft fees for the poor who already had trouble managing their money, as well as banking fees if they cannot meet the monthly minimum account balance.

1.Consider the following entry game.  Here, firm B is an existing firm in the market, and firm A is a potential entrant.  Firm A must decide whether to enter the market (play "enter") or stay out of the market (play "not enter").  If firm A decides to enter the market, firm B must decide whether to engage in a price war (play "hard"), or not (play "soft").  By playing "hard", firm B ensures that firm A makes a loss of $1 million, but firm B only makes $1 million in profits.  On the other hand, if firm B plays "soft", the new entrant takes half of the market, and each firm earns profits of $5 million.  If firm A stays out, it earns zero while firm B earns $10 million. Which of the following are Nash equilibrium strategies?

Visit the Fed's Summary of Commentary on Current Economic Conditions (Links to an external site.), also known as the Beige Book. Prepare a proposal recommending monetary policy actions designed to correct problems with spending, employment, and prices. Defend your choices.

Two economic factors affect supply in a stable housing market, price of related goods or similar houses, and the price of the good, best represented by style or size in the case of the housing market. The affluence of a community typically determines how much homes sell for in those communities, and therefore communities where a lot of people want to live become areas where average home prices are high. (Kumar, 1) There is little space in these affluent communities, and therefore little supply. A good example is New York City, where no homes are available, only apartment buildings, and very few apartments are actively exchanged each year.

• As previously stated in the executive summary, the United States’ economy is currently stagnating. From week to week we may see a rise in one indicator while there is a fall in another indicator, but none of the rises or falls are drastic enough to have an overwhelming impact on the economy as a whole. Although the economy is not near as strong as it was before the 2008-2009 recession, arguably one of the biggest economic crises of the past decade, there has been much growth and strength throughout the past few years with this year being the first year in which the economy is in somewhat of a holding pattern. I believe, that even with the little growth and movement of the United States economy over the past year, it is still perhaps one of the strongest economies in the world at the moment.

Your paper should be between 1750 and 2500 words, in APA format and structured as follows:

Is it really a “dream” to own a home, if doing so means being saddled with debt and undermining one’s financial security? Perhaps, in light of the risks of homeownership, one might consider renting, instead. This point of view is articulated by one columnist, who writes, “more Americans are consciously choosing to rent over buy” (Sullivan). Even among households making over $95,000 per year, the homeownership rate “declined from 87.3% in 2000 to 80.6% in 2012” (Sullivan). This downward trend in homeownership among those who would most easily able to afford a home indicates that Americans do not perceive homeownership the same way that they did before 2008. Now that the ugly underbelly of the mortgage lending system has been exposed, the prospect of homeownership is no longer as attractive as it once was. This does not mean that homeownership is suddenly undesirable. Rather, individuals are beginning to reconsider whether or not homeownership is a financially sound decision. Having equity in property can prove to be financially beneficial, but not everyone pays off their loan and takes true ownership of their home. During the Recession of 2008, nearly seven million Americans lost their homes to foreclosure (Wheelock). Therefore, the current shift towards renting is both economic and cultural. Americans are no longer buying homes for two main reasons. Either they simply cannot afford

Housing demand includes household growth, real incomes, real wealth, tax concessions to both owner-occupied and rental housing, concessions to first homebuyers, returns on alternative investments, cost and availability of finance for housing and the institutional structure affecting housing finance provision (Yates, 2008). The growth in the number of households and in real income results in the increased pressure on housing demand.

In business it is essential for owners to consider important factors when mapping out their business objectives. Economics used as a tool to solve coordination problems. They include what and how much product to produce, how to produce their product, and for whom they are producing. In order to effectively answer these questions, economics is used. Colander (2006) describes economics as “the study of how human beings coordinate their wants and desires, given the decision-making mechanisms, social customs, and political realities of the society” (p. 4). The foundation of economics is based on several factors that assist in understanding an economy.

The current economy has hurt many retail businesses. Every month another retail giant closes its doors. Retail stores which we never would have imagined have gone bankrupt. Retail sales have declined greatly. Major cause of this declination is because many people are unemployed and cannot afford to purchase anything. Retailers are forced to discount prices to increase sales, but discounting still hurts margins. Retailers are assuming a very

One of the booming sunrise sectors in the world is undoubtedly Real Estate. Today, it has been recognized as one of the most lucrative investment alternatives. A good number of individuals irrespective of the demographic facets are seen considering real estate as a serious investment mainly because this is one such sector the value of which is sure to shoot up in the long run.