As the pace of life becomes faster and faster, the growing restaurant industry has fulfilled people’s need for a fast and filling meal. Of course, restaurants also serve an important role for special occasions or for a simple social gathering.
Milton Friedman, one of the greatest economists in the 20th century, stated his theory of monetary policy in his book The Optimum Quantity of Money (1969) as follows: “Our final rule for the optimum quantity of money is that
After the financial crisis in 2008, the United States is experiencing a lower steady growth. Compare to some high growth economies around world like China and India, the growth rate of the United States is a little worrisome. It
In the past decade, the amount of public debt of the United States has grown substantially. Based on the statistics released by Federal Reserve Bank of St. Louis, the total public debt as a percentage of Gross Domestic Product
As one of the necessities for many people, it is always interesting to see how the consumption of gasoline would response to the changes in income. For this assignment, I attempted to analyze the effect of income to gasoline