Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Weekly Reflection - Module 2

Weekly Reflection - Module 2

Q Reflective writing enables the documentation of our experiences, thoughts, questions, ideas and conclusions that are significant in our learning journey. Each week you will submit a Weekly Reflection within the Canvas course website — a summary of your learning throughout the week pertaining to any of the chapters assigned that week. A minimum word count requirement of 150 words is required for this assignment. That is, all three responses must combine to 150 words or more. Half credit will be earned if the assignment does not meet the minimum word count total, or if all three questions are not addressed. a) What new information did you learn this week which you did not know before? b) What topic from this week is still confusing or “fuzzy?” (If you understood the entire chapter, you must say so, and skip this question.) c) Relate one economic concept to your personal life. Feedback on this assignment will be minimal unless a question in part (b) is posed. PreviousNext

View Related Questions

Solution Preview

a) What new information did you learn this week which you did not know before? One piece of information that I have learned this week was about GDP. GDP or Gross Domestic Product is the market value of all final goods and services produced in a year within a country. As well I did not know that 56% of the total GDP is wages. Which incorporates fringe benefits, social security contributions, and retirement payments. b) What topic from this week is still confusing or “fuzzy?” (If you understood the entire chapter, you must say so, and skip this question.)