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Question: Briefly explain Marx's absic ideas on the economy (from History & Economics: Workers of the world). How did it impact labor unions like the industrial Workers of the World? Why didn't Marxian ideas become more popular in the United States?
A question says that a student hates studying both economics and history.
Briefly discuss what measuring inequality involves, and provide two examples for doing so. measuring income inequality means dividing up the population into various groups and then comparing the groups.
Suppose that a technological advance among Japanese television manufacturers causes the world price to fall $800 to $700.
In a specific sample size of 100, what is the range within the groups average iron level would be considered ususal?
What provision of U.S. trade law was used by President Obama to apply a tariff on tires imported from China? Does this provision make it easier or harder to app
Explain how each of the following will affect money supply, money demand, the interest rate, the price level, and real GDP. Use 2 graphs for each (one showing what happens to the money market, one showing the AS/AD model) a. The economy experiences a..
Regulations that prohibit people from obtaining certain medications except by physician prescription are most likely a response to informational asymmetry. Why?
Why does De Beers require different countries to pay different commission to participate sydicate?
a) Write out the formula for the price elasticity of demand. Why do we use percentage changes, rather than just unit changes?
Suppose that right now the AE schedule is: Y=5000 - 200r (where r is the real rate stated in percentage terms). Both expected and actual inflation are zero.
Assuming a flexible exchange rate and that the domestic interest rate does not deviate from the foreign interest rate, use an IS-LM-FE diagram and all other relevant diagrams to show what would happen if the government increases spending. Show and di..
When the government borrows even more to pay the interest payments, the government deficit at year t = G(t) - T(t) + iB(t-1), where G(t) is government spending at year t, T(t) is the tax revenues at year t, and B(t-1) is the amount of borrowing from ..
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