eecn211

All written assignments in this course require citations. At minimum, you should be citing your online textbook. To become familiar with APA citations: you will find an article related to the Economics topic below. You will summarize the article and utilize proper APA in-text citations and references. Responses to all five questions should be 2-3 paragraphs (or 150-250 words) each. See the steps below to get started.

Use this link to access the Rio Salado Library: . Click “News Articles.” Click US Major Dailies (ProQuest).
Search articles relating to computer chip supply issues covid and choose one (1) relevant article.
Summarize the article and include proper APA citation for your article. Your summary should be 150250 words in length.
Need help on APA citation formatting? Check out this link: .

Identify two demand-related and two supply-related reasons why the equilibrium price of automobiles would rise.
In economics, you must differentiate between peoples wants and needs and their resources. Explain what these terms mean and how they are used in understanding economic decision-making.
Explain the difference between a decentralized price system and a centralized command and control system. Provide an example of each from the U.S. economy.
Watch the following video: . According to this video, what are the costs and benefits of raising the federal minimum wage to $15 per hour?

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