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In some states, the criminal who commits a particular crime with a gun will receive a much longer sentence than the criminal who commits the exact same crime (for example, a mugging, a convenience store robbery, or a car theft) using some other weapon like a knife or a baseball bat. These laws obviously increase the cost of preventing crime, because longer sentences for criminals are more costly to society. Offer one reason why increasing the punishment associated with the same crime committed in a different way would lower the social cost of crime.
The historic disparity between unemployment rates for Black, Hispanic, and White workers. Please explain 3 reasons the Black and Hispanic unemployment rates are always significantly higher than the unemployment rate for Whites.
Consumption in year three is $200, investment in year three is $100, government spending in year three is $150, exports in year three are $100, imports in year three are $150. Prices for everything in year one are $20, in year two prices for everythi..
There are three types of plant: coal, natural gas, and hydroelectric. The three types of plants face the costs appearing in the table above.
Find an article (newspaper, magazine or online) about the unemployment rate. Use the article to answer the following questions: What is the current unemployment rate in the US? Is the unemployment rate rising, remaining the same, or decreasing? There..
Suppose that both firms decide to collude (form one firm) and maximize profits as one entity. What is going to be the overall production level they choose and the profit they make, respectively
The health care consulting group where you are employed has secured a contract with a health insurance company. One of the key challenges confronting the health insurance company is a lack of understanding of their subscriber base. Part of the scope ..
If you deposit $1000 now, $3000 four years from now followed by five quarterly deposits decreasing by $500 per quarter at a rate of 12% per year compounded quarterly, how much money will you have in your account 10 years from now?
Consider Hastur, an author promoting her new book, The King in Yellow. Will Hastur compete as a monopolist, an oligopolist, or a monopolistic competitor? Why? Given your answer to (i), would you expect Hastur to sell her book at, below, or above marg..
Consider a small open economy that maintains a fixed exchange rate. Explain what effects a reduction in the interest rate that prevails in world financial markets would have on each of the following domestic variables after the economy has adjusted t..
Increasing the minimum wage will result in a decrease in employment for workers who now earn less than the new minimum wage.
q.a friend of yours is considering two cell phones service providers. provider a charges 120 per month for the service
Suppose that the U.S. noninstituional adult population is 230 million and the labor force participation rate is 67 percent. Illustrate what would be the size of the U.S. labor force.
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