In today’s Wall Street Journal, the following article discusses the current housing conditions in the US, click here to see the article. After reading the article, what do you think is happening to the supply and demand of existing homes in the country? Feel free to describe whether shifts or moves along the supply and demand curves are taking place.
Archive for May, 2009
What is happening to the supply and demand of existing homes in the US?
Wednesday, May 27th, 2009What does a decline in US GDP mean for its trading partners?
Thursday, May 21st, 2009This article in the Wall Street Journal today shows the multiplying effect that a decline in US GDP may have around the world. What do you think is happening to the overall demand for products produced in Mexico, Japan and Germany? And how can these countries see economic growth again without a recovery in the US economy?
What are your thoughts regarding redistribution of income in the US?
Sunday, May 17th, 2009Currently, the US has a progressive tax system where higher income earners pay a higher percentage tax rate on income. Recently proposed policy will increase even further the percentage paid by higher income earners. What do think? Would you feel differently if you where in a different (higher or lower) income tax bracket?
