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Define political parties. Discuss the ways in which political parties contribute to democratic government through the functions they perform. In democracies around the world, multi-party systems are far more common than the two-party system in America. Discuss the types of third parties in the United States. What role do they play? Discuss the factors that help to explain why the United States has a two part system? Describe the different types of third parties that have been formed in the United States and discuss the effects of third parties on American politics
Suppose that the government levies a tax on oil companies equal to a proportion of the value of the company’s oil reserves. (The government assures the firms that the tax is for one time only.) According to the neoclassical model, what effect will th..
Contraction GAP, Illustrate what does a Contraction Gap imply about the actual rate of unemployment relative to the natural rate.
Using the ITT Tech Virtual Library, research information on companies that have engaged in monopoly behavior, such as Microsoft, Google, or Wal-Mart, and explain how society has been affected by the monopoly behavior using that information.
The Beef-Up Ranch feeds cattle for Midwestern farmers and delivers them to process- ing plants in Topeka, Kansas, and Tulsa, Oklahoma. The ranch must determine the amounts of cattle feed to buy so that various nutritional requirements are met while m..
The Occupational Safety and Health Administration (OSHA) has determined that the probability of a worker dying from exposure to a hazardous chemical used in the production of fertilizer is 0.008. The cost of imposing a regulation that would ban the c..
Suppose market demand and supply are given in a perfectly competitive market for bushels of wheat by: Determine the equilibrium price and quantity. Show the equilibrium graphically. How much of the tax do the producers pay per unit? With the $30 tax ..
Two firms are located on the shores of a small lake. Firm C is an industrial chicken grower, and firm B is a strawberry orchard. Firm C uses the lake to dispose of chicken waste, while firm B uses the water from the lake to wash the strawberries. The..
Livestock farmers frequently give antibiotics to their herds. The antibiotics create drug-resistant bacteria, making them less effective. This harms future users of antibiotics who will be using less-effective drugs. Using supply and demand curves, i..
Social workers encounter a broad range of people in need who are struggling with various issues. The video provides an example. Think about your future as a social worker and working with individuals and groups. Describe how you perceive the world an..
Suppose your firm produces electricity by burning coal. Currently it buys central Appalachia 12,500 BTU per ton coal at the market price of $52 per ton.
Illustrate what would happen in the Tempe pizza marketplace if pizza also sub sandwiches are substitutes also there occurred
Full employment is the situation in which the economy operates at an unemployment rate equal to the sum of
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