- In this assignment, we created a flow map of the Fixed Rule and the Feedback Rule, two important rules for Economics. To complete the assignment, we used our textbook and read the information provided to fill out this chart.
- This assignment was significant because we see two different views on how the economy should fix itself. Both rules are advocated by two different economists. This assignment is important for preparation of the AP exam.
- This assignment helped me understand how the graphs from economics can shift. These graphs can be used to our everyday life to maintain the economy. I now know that Fixed Rule has an advantage where an unknown potential GDP helps us maintain the economy better than using the Feedback Rule.
- In this assignment, we summarized a movie that talked about the housing bubble in the United States. The housing bubble, which is an increase in house prices, helped to increase more profit but the subprime loans were actually schemes to earn more funding. To complete the assignment, we watched the different parts of the movie and wrote notes. Then we used those notes to write paragraphs of each part of the movie.
- This assignment was significant because it showed the truth of America's tragic economic failure. The housing bubble did not help anyone because most banks and big companies used this as a scheme to earn profit. The only beneficial thing of the housing bubble is the CDOs. The assignment basically helped us understand the problem of the United State's finances and economic problem.
- I now know what exactly the housing bubble is because I've heard about them before but now I know what it is. I now know that Iceland was facing an economic crisis ( the beginning of the movie) and the US began a global recession after deregulation and when banks began merging together.