While some of you may not choose to enter economics as a profession, hopefully you have gained some understanding of economic issues from the course. Pick any current event that interests you. Briefly summarize the event for your classmates and then apply one of the economic concepts from the course. What are the implications of this event for our economy?Current Event: Iphone 6 released by Apple Summarize the event: Many consumers demand for new technology such as phones, computers, and video games. This month (September) iphone 6 has recently been…
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