ECO 100 Week 4 DQ 1 and ECO 100 Week 4 DQ 2

ECO 100 Week 4 DQ 1 and ECO 100 Week 4 DQ 2
ECO 100 Week 4 DQ 1 Unemployment Rates and Human Capital
Why might an increase of the minimum wage in the United States impact unemployment rates? How might earning a college degree increase lifetime earnings and employability? Relate your answer to elasticity of labor demand. Fully support your

position in at least 200 words. Respond to at least three of your classmates’ postings.
ECO 100 Week 4 DQ 2 GDP and Recession
What is “Gross Domestic Product” (GDP), and how is it determined each month? What does the term “Recession” mean and how do we know when one occurs? How does government intervene to move the economy out of a recession? Fully support

your position in at least 200 words. Respond to at least three of your classmates’ postings

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