Macroeconomics

A detailed Summary of Macroeconomics


All those who live in the United States are accustomed to private property. Everyday situation sometimes lead to what life would be like without it. One can see what the effects are to living in a private society and realize how efficiency and justice are raised to an overall level. This takes place within an apartment building in Washington DC, however many apartments throughout the United States would off the same aspects. Upon living in the apartments, tenants are charged a monthly rent as well as an additional bill for utilities, which includes gas, water, fuel, oil, and electricity. The apartments are considered "master metered", which means those living in the apartments are allowed to use as much electricity, water and gas as they want. At the end of the month the


decides against turning his air off when leaves for the weekend, figuring he'll come home to a hot apartment. He feels he is just paying an average of everyone's consumption so why should he not be comfortable? So between the neighbors, the bill at the end of the month remains the same because one gives a little while the other takes. Unfortunately those living in an apartment will never compromise on the use of utilities. However, if the tenants don't abuse their use of the utilities and use only what they need to stay comfortable, the monthly bill will average out to be an acceptable amount. It is un-excusable for someone to leave their lights on all day while they are away at work. At the same time it is just as bad for someone to be cold in their apartment in the wintertime because they are trying to keep the bill down for everyone.

It is necessary for

Some common words found in the essay are:
Washington DC, Doherty July, private society, living private society, master metered, living private, living apartments,

Approximate Word count = 585
Approximate Pages = 2 (250 words per page double spaced)

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