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Question 1. Explain why Calvin's ideas about supply and demand are wrong.
Question 2. Give an example of Supply & Demand in the real world. How is each idea demonstrated in your example? How is elasticity demonstrated?
Question 3. How should the government respond to housing prices going up?
Explain why this policy would be the best solution using Sowell's three questions.
Write an essay on the topic: Virtue between 3-5 pages
Would the following event cause pressure on the Canadian dollar to Appreciate or Depreciate?
Does one who kills another "deserve" to die? Why or why not? Are there circumstances that would change your answer? Make two lists (perhaps using a table with two columns). Calculations of the likely consequences of assigning that particular penalty ..
What kind of market do you believe Uber drivers most closely resemble - perfect competition, oligopoly or monopolistic competition and why?
Please discuss those unique characteristics of Labor Economics (market).
Do you think perfect indexing is possible? Why or why not?
Please answer in 7-8 sentances: "Future historians may well write the epitaph of our civilization as follows:
What amount of profit is the firm earning? Is this firm in a short-run or long-run equilibrium? Explain
1. discuss the pros and cons of central banks setting policy based on rules as opposed to setting policy based upon the
Design a new human sensation and/or perception that is likely to contribute to improved awareness or survival. Let's see if everyone can come up with their own unique idea. Let's also take precognition (seeing the future) and any form of telepathy or..
What will be the monthly payment on a 30-year, $250,000 mortgage loan, where the interest rate is 6% per year, compounded monthly? How much interest is paid over the life of the loan? What will be the monthly payment on a 30-year, $250,000 mortgage l..
What is the numerical value of the saving rate maximizes steady state output per effective worker? Clearly explain why households would have a problem with this saving rate. In the steady state, what are the growth rates of Y /(EL), Y /L, and Y ? Pol..
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