Econ Discussion and 2 responses

Learning Goal: I’m working on a economics discussion question and need an explanation and answer to help me learn.

Must post first.

 

GRADED DISCUSSION WEEK 3

Please note that if you edit your initial response (Original Post), you will not get credit for the Original Post. The discussions are set up as “Must post first”.

 

The Bureau of Economic Analysis provides profit data for various industries in the United States.

Go to www.bea.gov

Click on Data > by Economic Account > National> Corporate Profits

Scroll down and Click on Interactive Data

Click on Table 6.16D. Corporate Profits by Industry”

 

In your initial response to the topic you have to answer all questions:

1. Based on the most-recent figures, which of the following categories of industry classifications has the greatest profits:

  • Financial or nonfinancial
  • Manufacturing , transportation and warehousing, wholesale trade, or retail trade
  • Durable goods or nondurable goods

2.During the past years, which sectors had the largest and smallest percentage increase in profit?

3. Which sectors, if any, experienced losses?

4. What are the implications of the profit changes for expansion or contraction of the particular industries?

5. Reflection – the students also should include a paragraph in the initial response in their own words, using microeconomic terminology, reflecting on specifically what they learned from the assignment and how they think they could apply what they learned in the workplace or in everyday life.

You are expected to make your own contribution in a main topic as well as respond with value-added comments to at least two of your classmates. You are encouraged to respond to other students as well as to your instructor.

 

You must start a thread before you can read and reply to other threads

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