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Home/ M2016 Economics SL Mr. Friedman/ Contents contributed and discussions participated by Hellan L

Contents contributed and discussions participated by Hellan L

Hellan L

As black market currency thrives, Central Bank raises exchange rate - 0 views

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    AMMAN: The Central Syrian Bank raised on Tuesday the exchange rate on the Syrian pound and the US dollar pertaining to remittances and imported goods, in what economists described to Syria Direct as an attempt to prop up the regime's dwindling foreign currency reserves.
Hellan L

Italy defends EU tariffs as last defence against China - FT.com - 0 views

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    With China possibly given the status of a "market economy" the effectiveness of tariffs against chinese imports will be strongly diminished. This could result in EU economies being exposed to "dumping" policies by the chinese in order to weaken the competitive ability of domestic producers.
Hellan L

12 key cancer drugs may come under price control - 1 views

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    12 drugs important for the treatment of cancer are coming under price control in an effort to make them affordable to a wider range of patients
Hellan L

Colorado marijuana sales rake in $2 million in taxes in January - 4 views

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    This article demonstrates how profitable taxation can be for governments. The example here is that the state of Colorado earned over $2 million in taxes on the sale of marijuana, an addictive product.
Hellan L

Lower gas prices could mean economic impact down the road - 0 views

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    Prices for oil, an inelastic product, have decreased leading to a decrease in revenue for the producers, leading to concerns that this might have more widespread economic ramifications in the future.
Hellan L

$499 Is A Dangerous Price For Microsoft's Xbox One - 1 views

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    Xbox One pricing is regarded as too high for the market equilibrium, seeing as most customers would be unwilling to pay such a steep price. As a result Microsoft would have to decrease the price of the console to see healthy sales.
Hellan L

Xbox One Sales More Than Double In June Thanks To Price Drop - 4 views

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    The demand for the Xbox One suffered in large part because of the price being 100$ more expensive than its competitor the Playstation 4. A change in the price helped increase sales for the Xbox One allowing to be more able to compete with the Playstation 4.
Hellan L

USDA Awards Over $52 Million in Grants to Grow Organic and Local Food Economies | USDA ... - 0 views

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    The USDA is investing in farms to increase production of organic and local goods. This article relates to demand and scarcity seeing as organic and local goods are something that a lot of people want but not many can regularly get because of low production and high prices.
Hellan L

How A Fight Over Natural Resources Is Quietly Driving The World's Response To Ukraine - 0 views

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    A news report focusing on the economic, meaning the resource consequences of the conflict between Ukraine and Russia, and also highlighting Europe`s dependance on Russia`s oil and how European nations would suffer if there were to be a conflict between Russia and the rest of Europe.
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