Select an economic concept covered in weeks 3–5 and answer 4 questions using a template provided.

Please read directions for this assignment and please…NO PLAGERISIM!

Select an economic concept covered in weeks 3–5 and answer these questions:

1. What is the economic concept you selected?

2. How would you describe this concept to a friend or colleague?

3. What is a current event, article, or video that relates to this concept? (Include the URL link to a video or article that further discusses this concept, but do not use Wikipedia.)

4. How does this current event, article, or video relate to this concept?

Use the Activity 4 template to answer each question and submit your responses by the due date.