Homework: Firms in Our Macroeconomy
In our session this module week we've been discussing the differences between micro and macroeconomics. Hopefully, you've learned a lot from our deep dive into the Circular Flow Model. Let's put what we're learning to the test! In this homework, prepare a short essay that distinguishes the role of firms in our macroeconomy.
In your essay, identify the following:
I. Choose a real-life example of an oligopolistic market structure in the U.S.
II. Identify how your firm has been impacted by our macroeconomy.
III. Determine if your firm was dependent on the federal government for a bailout and/or restructuring.
IV. Describe the factors your chosen firm has taken to avoid market failure at a macro-level.
V. Examine how your chosen firm affects our macroeconomy with regard to economic output.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.