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1. Explain the relationship between electoral systems and party systems. Answers should be sure to assess this question from the perspective of both proportional representation and single-member districts and provide examples to support your points.
2. The United States has utilized multiple forms of liberalism throughout its history. Please distinguish the specific characteristics of classical and modern liberalism and outline the evolution of these forms of liberalism within the United States. Please be sure to include specific historic examples to support your points.
3. Today's world seems to be moving beyond sovereignty and toward supranational leadership to cooperate on issues of global importance. What are some of these issues? How might they be solved through supranational cooperation? Does such cooperation impede the sovereignty of independent nations? Please sure to include specific examples in supporting your points.
If all firms have the same marginal external costs and marginal abatement costs, which form of environmental regulation can result in the optimal level of pollution?
Explain why does the magnitude of price elasticity differ in a and b above, although the same set of price-quantity combinations are used to compute the price elasticity of demand
Show analytically and show graphically that, in Keynesian consumption function, the average propensity of consumption is always bigger that marginal propensity
If it will cost us approximately $0.75/bottle to supply more Coke to our consumer what should we do if our goal is to maximize profit.
Describe the structure of the Federal Reserve System. What are the responsibilities and functions of each of the components of the Federal Reserve System? What are the instruments of monetary policy of the Federal Reserve System? Explain each one.
Discuss the economic concept of "marketequilibrium" including information on supply and demand theories.Essay length should be approximately 350 words, or about onepage.
Andrew's opportunity cost of producing 1 bushel of barley isbushels of alfalfa whereas Beth's opportunity cost of producing 1 bushel of barley isbushels of alfalfa. Because Andrew has aopportunity cost of producing barley than Beth,has a comparati..
An industry consists of three firms with sales of $230,000, $760,000, and $200,000. a. Calculate the Herfindahl-Hirschman index (HHI). Instruction: Round to the nearest integer.
Write a letter that is no longer than 2 pages that responds to a customer complaint. You can either imagine that your company has received a complaint from a customer or client about a product, policy, or service, or you can work from a real life ..
Assume that a given set of resources can be used to make either handbags or wallets. The MC of a handbag is $19 and MC of a wallet is $10.
Explain why would economists be very concerned if the annual interest payments on the debt sharply increased as a percentage of GDP.
Write a mission and a vision statement for British Petroleum (BP). Identify British Petroleum's (BP) key stakeholders and map these stakeholders in terms of the power/interest grid.
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