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1) Common perceptions of slavery, especially in the United States, associate it with Africans. Was this the case prior to 1500? What was the racial component of slavery during this period?
2) Examine the reasons for the differences in Portuguese involvement in Kongo and in Ndongo. Why were the Portuguese more successful in one region than in the other?
3) What role did religion play in the conquests and politics of Morocco in the period between 1500 and 1850? Would events have been significantly different had religion not been as much of a factor in the motives of some groups? Why or why not?
4) Compare and contrast Portuguese activity in East Africa with European involvement in North Africa after 1500. Were Portuguese practices particularly brutal in comparison with contemporary conquests elsewhere?
Why might federal spending on roads, waterways, or national security be less subject to direct expenditure offsets than spending on health care or education?
Why will the profit-maximizing rate of output for a profitable firm typically be larger than the rate of output that minimizes average total cost?
In many states, including Florida, it is illegal to engage in price gouging. Florida’s law penalizes a seller for any “gross disparity between the quoted price of a ‘necessity item’ such as water, and the item’s price on the date that the governor de..
Which of the following conditions may make predatory pricing by incumbents rational?
Fair weather helps produce the best crop of peanuts in a decade. Which determinant of cumulative demand causes the change
A portfolio of non-dividend-paying stocks earned a geometric mean return of 5 percent between January 1, 2004, and December 31, 2010. The arithmetic mean re- turn for the same period was 6 percent. If the market value of the portfolio at the beginnin..
A deposit of $3,000 is made in a savings account that pays 7.5 percent interest compounded annually. How much money will be available to the depositor at the end of 16 years?
This graph shows an aggregate demand curve and an aggregate supply curve for an economy with no exports or imports. Adjust the position of one or both curves to elucidate graphically the scenario described.
How does global economic competition impact the domestic market and decisions related to the strategy a firm uses to compete? Why do some economists oppose trade restrictions? Explain your answer.
The mission statement for the Organization of Petroleum Exporting Countries states, “the mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the ..
What would be the value of consumer surplus if the market were perfectly competitive? What is the value of the deadweight loss when the market is a monopoly?
The initial cost of a pickup truck is $12872 and will have a salvage value of $3523 after five years. Maintenance is estimated to be a uniform gradient amount of $191 per year, with zero dollar for first year maintenance. The operation cost is estima..
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