Principles of Economics
Principles of Economics
Political disturbances such as war and threats of war in the Middle East often lead to increases in the price of oil. People often say that the U.S. government should not allow oil prices to rise. What is the difference between these two economic statements, and how do these statements relate to the concept of bias in microeconomics?
Post your response on the Discussion Board, citing evidence from research articles or periodicals found in the library’s research databases, such as The Wall Street Journal, Barron’s, or Fortune, and/or from government sources. Be sure to include enough details so that your classmates can understand the findings, and be sure to include the titles and URLs of articles in support of your position.
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