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Select the item below that is a commonly held core value among tribal people.
a. Assimilating into modern U.S. culture is an important objective in raising children.
b. Family plays a central role in tribal culture, and elders are treated with respect.
c. Practicing native religion and preserving native languages are assigned low priority.
d. Information is best presented in a clear, concise, factual, and objective manner.
Identify which strategies survive iterated elimination of dominated strategies. Identify the pure strategy Nash equilibrium for the game. Construct mixed-strategy Nash equilibrium for the game.
Sally has set aside about $7500 for a down payment, and she has budgeted for a monthly payment of $900. She expects that her salary will increase about 5% per year in real terms,but she would like to use that increase for “fun” purposes. Sally is als..
Suppose you are examining a small open economy with a large negative trade balance. Describe briefly the key pros and cons for this country if it decides to introduce a set of restrictions on international trade in order to achieve a situation when e..
Discuss the social and economic effects of colonization? How did it contribute the “Price revolution”?
Policies established by the World Bank and the IMF have been the subject of much criticism, especially from the developing world. Why might developing world nations be critical of these policies? Do you think the policy actions are justified? Explain..
That's constraint on or side. For Indonesian voters, are economic issues paramount in this election.
Most economists want a 0% target for unemployment. The current natural rate of unemployment is thought to be somewhere around 5%. If the economy is above full employment it causes higher than normal unemployment. In a closed economy, inflation repres..
Assume that bank deposits (D) are $3,200 billion, the required reserve ratio is 10%, and currency in circulation is $400 billion. What can the Fed do (in terms of open market operations) to lower the money supply by $100 billion? Explain. (Note assum..
Susie's boss offers her $100 to come to work instead. In considering what to do, which of the above would be considered a sunk cost.
Think about an advertisement (in any medium) that had either a strongly positive or strongly negative effect on your attitude toward the product being advertised or the advertiser itself. Why did the ad have this effect? If you responded positively t..
Two mutually exclusive alternatives are being considered for the environmental protection equipment at a petroleum refinery. One of these alternatives must be selected. Which environmental protection equipment alternative should be selected? the firm..
q.1. predict what would happen to the labor force participation rate of women if wages for women decreased. explain.2.
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