How do you account or explain this phenomenon

Assignment Help Microeconomics
Reference no: EM131495225

Assignment: Venezuela and the case for Economic Freedom

Your assignment is to read the case (Attached), provide an overview of the case, and answer the three questions:

1. President Chavez held office for 14 years, despite all of the shortages in Venezuela's economy. How do you explain this?

2. Many Venezuelans still proclaim themselves to be "Chavistas." How do you account or explain this phenomenon?

3. Can Venezuela afford to maintain its Petrocaribe program of subsidized oil exports?

References: Anytime you refer to ideas that are not your own, you MUST refer to the source both in-text and in the reference page at the end of your essay. Use APA referencing style when you write up your paper. Ensure that your paper contains a page for references.

Specifics:

• Provide an overview of the case, and then answer in full sentences the three questions.

• A mastery of course material and concepts to date, to be demonstrated within your paper.

• create a professional document.

• Proper APA 6thEdition referencing is essential. Be absolutely certain to include a properly formatted list of references and accurate in-text citations.

• Correct spelling, grammar, punctuation, flow of thought, clarity of ideas and creativity

• Your paper should be between 650 - 800 words, plus title page and reference page, 12 size font, 1.5 line spacing and normal margins.

Reference no: EM131495225

Questions Cloud

What is the equilibrium price and quantity in given market : What is the equilibrium price and quantity in this market? Explain your answer and reconstruct the graph developed in question one to show this change.
What have you learned about statistics : What have you learned about statistics?discuss the application of each of the course elements in analyzing and making decisions about data?
Deviance-crime and social control : Create a list of resources in alphabetical order like you would on a works cited page.
Define institutionalized racism : Define institutionalized racism and then discuss whether institutionalized racism is to blame
How do you account or explain this phenomenon : Venezuela and the case for Economic Freedom. Many Venezuelans still proclaim themselves to be "Chavistas." How do you account or explain this phenomenon?
Select an organization such as a company : Imagine you are a consultant for an organization, and they would like you to work on developing their core values.
How you would explain the idiom to the student : Imagine you are teaching a beginner class and a student asks you about one of the following idioms. Discuss how you would explain the idiom to the student
Determine and explain what type of leader steve jobs was : Summarize the initial challenges he faced when starting Apple. Specifically, address Jobs' strategy and implementation.
State the purpose of the research effort : State the purpose of the research effort. Make sure purpose is aligned with the problem. Discuss a design that is associated with the qualitative methodology.

Reviews

Write a Review

Microeconomics Questions & Answers

  The free rider problem

Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good.

  Failure of the super committee is good thing for economy

Some commentators have argued that the failure of the “Super committee” is good thing for the economy?  Do you agree?

  Case study analysis about optimum resource allocation

Case study analysis about optimum resource allocation: -  Why might you suspect (even without evidence) that the economy might not be able to produce all the schools and clinics the Ministers want? What constraints are there on an economy's productio..

  Fixed cost and vairiable cost

Questions:  :   Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month?  Explain your choice.

  Problem - total cost, average cost, marginal cost

Problem - Total Cost, Average Cost, Marginal Cost: -  Complete the following table of costs for a firm.  (Note: enter the figures in the  MC   column  between  outputs of  0 and 1, 1 and 2, 2 and 3, etc.)

  Oligopoly and demand curve problem

Problem based on Oligopoly and demand curve,  Draw and explain the demand curve facing each firm, and given this demand curve, does this mean that firms in the jeans industry do or do not compete against one another?

  Impact of external costs on resource allocation

Explain the impact of external costs and external benefits on resource allocation;  Why are public goods not produced in sufficient quantities by private markets?  Which of the following are examples of public goods (or services)? Delete the incorrec..

  Shifts in demand and movements along the demand curve

Describe the differences between shifts in demand and movements along the demand curve. What are the main factors which can shift the demand curve? Explain why they cause the demand curve to shift. Use examples and draw graphs to support your discuss..

  Article review question

Article Review Question: Read the following excerpts from the article "Fruit, veg costs surge' by Todd, Dagwell, published in the Herald on January 25th 2011 and answer questions below:

  Long-term growth, international trade & globalization

Long-term Growth, International Trade & Globalization:- This question deals with concepts such as long-term growth, international trade and globalization. Questions related to trade deficit, trade surplus, gains from trade, an international trade sce..

  European monetary union (emu) in crisis

"Does the economic bailout of Spain and Greece spell the beginning of the end for the European Monetary Union (EMU)?"

  Development game “settlers of catan”

Read the rules of the game, the overview and the almanac for the Development Game "Settlers of Catan"

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd