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The structuralist believes that the world functions within a system or structure that is tilted in favor of the rich and powerful, and which ultimately determines the winners and losers. The dependence theory of international imperialism is a structuralist POV that states that there are two classes of countries: core and peripheral. The core countries of the North enslave or exploit the vulnerable peripheral, developing nations of the South. A non-structuralist might, on the other hand, argue that the states of the South are weaker than the North because of a number of factors that are not related to the capitalist order and that, besides, their people have benefitted from their business dealings with multinational corporations of the prosperous North.
Take a position, on either the structuralist or non-structuralist view point; make your argument and support it with examples.
From the list below, select the components or inputs associated with the production function where GDP is the output. There is more than one possible answer. Capital deepening, population, physical capital, aggregate supply, aggregate demand.
Suppose the demand for eggs is: Q=9,000-3,000P and the supply of eggs is: Q=-500+2,000P, where quantity is measured in millions (of eggs). Find the market-clearing price and quantity for eggs.
What is the main reason for network externalities to arise? What are the economic consequences of such externalities? Several years ago there were several word-processing software, for example WordPerfect and many others. Now Microsoft Word basically..
Movies are distributed in a variety of forms, not just first run theatrical presentations. What other ways are movies distributed. What are the different price points.
Garden plots at the Aches and Pains Elderxare facility rent for $1 per square foot per month. Lucky has $100 per month to spend on her garden and bus with each bus ride costing $5. The good news is that Lucky's children will pay for half the cost of ..
A manufacturer of small plastic injection molded parts (caps, closures, fitments and pipettes) was experiencing static electricity problems during various steps in their molding and handling operations. The static caused the plastic parts to cling to..
Which of the following would cause an increase in long-run aggregate supply?
The payoff to a company that enters is its gross profit minus its entry cost, while the payoff to a company that does not enter is 60. Find a symmetric Nash equilibrium in mixed strategies.
During the recession of 2007-2009, the U.S. economy was experiencing a decrease in home prices and consumer wealth, a credit crisis in the financial markets, and declining consumer and business confidence. What components of aggregate demand were aff..
Choose a product that negatively affects the environment, assuming a linear flow of materials. Then, use a cyclical materials flow approach, and conduct a hypothetical life cycle assessment (LCA), pointing out at least two preventive initiatives that..
How do banks create money, and what could the Federal Reserve do to reduce this credit creation process, and in what circumstances might it want to do this?
Show the equilibrium effects on consumption and hours worked of and increase in G of this type are ambiguous but that output increases.
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