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US Economy and Ten Principles of Economics

Look at a newspaper or at the Web site http://www.economist.com to find one story about the economy that has been in the news lately. For the story, identify one (or more) of the Ten Principles of Economics, and explain how it is relevant.

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Story that has been in news lately:
http://www.fxstreet.com/technical/market-view/fx-briefing/2007-05-25.html

US Economy Not Yet Out Of the Woods;

USING THE TEN PRINCIPLES OF ECONOMICS BY MANKIW

The first principle that we would like to consider is that government can sometimes improve market outcomes. In the article "US Economy not yet out of the woods" it is asserted that the government's efforts will lead to improved market access to air travel and financial services. This is an excellent example of government intervention leading to improved market access.
The second ...

Solution Summary

This solution talks about the ten principles of economics by Mankiw in the context of the US Economy. It explores the issue the effect governmental efforts will have over the US economy. The article used is from 2007.

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