Well, the title says it all. The governor calls for increased education to "leave a better Commonwealth for the next generation."

The congress is now thinking about new solutions so that the student loan interest rates won't double.

04/15/2013| 02:55am US/Eastern Recommend: Press release 15 April 2013 Ministry of Finance The global financial and debt crisis is now in its fifth year. The Government is continuing to counter the weak economic situation with a responsible fiscal policy for jobs and stability.

This talks about just what we read in chapter 19; that GDP increases if the supply does.

They had big issues with unemployment in bordering countries, now it is Algeria's turn...

We've read about recessions and the business cycle, but never about double recessions! apparently this phenomenon was unfamiliar to Britain too, and their first just hit.

The article talks about how Lithuania's industrial production has increased. This means the industrial aggregate supply has increased. I can't say if there was a shift or a movement on the curve, but it would be interesting to investigate more about this.

This might be stretching it a little bit, but I had a hard time finding articles about aggregate demand. I think it works though. The government in Singapore wants to increase habitants from five millions to a high of seven. This has created a big opposing group, making the aggregate demand for immigrants less. Since a smaller number of people are open for immigration, the demand has decreased!

China picks up the decrease in trade and starts their way on a new economic recovery after a shaky inflation in January. Their exports increased drastically compared to the previous couple of months, and their global trade suplus widened.

This article is a perfect example of economics and corruption. Corruption if when money within governmental lines is distributed "off the chart", something citizens don't like since it could have ben used for their benefit. In this case, the money came from donations from companies and individuals. If we apply this to the flow chart of a macroeconomy, there is negatives from both households and fabrics, but no input. Though, the input gets there by the government employees spending more. So there is a hidden extra flow that should not be there.

This article talks about the pollution of the water, and how most counties' water resources are getting more and more public since "one cannot own water". This is exactly what tragedy of the commons is. Since no one owns the water, people can do whatever they want there, without further (or a lot of) consequences. Also, it makes it harder for the government to regulate the resource in case of crisis.

I think this article is good, because it shows both negative and positive externalities. Negative because the outcome of eating a lot of junkfood is something no government likes, and it eventually has a backlash on them because people can't work as well and the general health in the country drops. Because of this they want to make people eat less, and they could to it with a tax to change the equilibrium. This would make the quantity demanded closer to that wanted from the government. (In the article they did it by banning 16-ounce softs drinks) Can you see the positive side?

The article talks about the demand for more affordable homes, and how house prices rise and rise. It says that mean age for affording a home has risen to 35 due to the high prices. What Britain wants to do is to build more affordable houses, and they hope to make the economy better in that way.

This article is a good example of how tax can be imposed for a reason. In this case the reason is to boost revenue of the government. Though, it is debated by the people in L.A, since this is a tax made for consumers to pay so that the market can thrive but on the same time provide the government with money in their time of crisis.

The article talks about how the company experiences extreme losses in revenue as they supplied a smaller quantity of flights. This can be related to elasticity of supply since as supply decreased, revenue did too.

This article talks about how a few larger electricity and gas companies have increased their prices after the news about a cold and bitter winter in the UK. If we apply this to what we have read about this week, they know that the demand for fuel in houses will increase, but with a increased price they can avoid shortage during this period of time, hopefully. At leas this is what they try to do. They also know it is profitable for them, since people will still need the fuel due to the cold, so the income for the company gets higher.

I think this article strongly points to the demand topic of this week. It shows how the demand of cod has grown, but the prizes have not. This has now resulted in over fishing, and nearly no cod lives in the north sea anymore. Though, this is a problem. Fishermen, who still tries to supply the demand, won't believe the numbers.

Because of the decreased amount of work opportunities the unemployment rates go higher. That is bad enough for any country, and even worse for a country like China who are dependent on their production and export. The scarcity of work opportunities get bigger, and creates competition on the market. This will contribute to a poorer population since the competition gets higher and people then work for less money.