Although it can sound complicated, nearly everything we do is related to the economy in some way. When we drive on roads, we are driving on roads paid for by our tax money. When we buy goods and services, we help give people jobs as well as pay taxes through sales tax. If enough people decide not to buy something because the price is too high, we can help bring down the price through the power of the free market. In what ways do you regularly interact with the economy? In what ways have you interacted with the economy today?

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
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Although it can sound complicated, nearly everything we do is related to the economy in some way. When we drive on roads, we are driving on roads paid for by our tax money. When we buy goods and services, we help give people jobs as well as pay taxes through sales tax. If enough people decide not to buy something because the price is too high, we can help bring down the price through the power of the free market. In what ways do you regularly interact with the economy? In what ways have you interacted with the economy today?

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