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From a consequentialist perspective that has as its objective improving the standard of living of unskilled workers, is the introduction of a minimum wage ethically justified?
"Because diversification is a desirable strategy for avoiding risk , it never makes sense for a bank to specialize in making specific types of loans." Is this statement true , false , or uncertain? Explain your answer
New York Food Vendors Food trucks have become increasingly popular in New York City. However, the Department of Health limits the number of permits that they issue at one time. As a result, the estimated value of a permit is $15,000 for two years, wh..
The main arguement put forth by advocates of the singlr tax movement was that:
How many units of labor does the firm need to produce 80 units of output in the short run when the capital stock is fixed at a level of k = 5?
Should courts play a direct role in evaluating such administrative performances as the funding and operating of a prison system? Of a public school system?
An insurance market consists of high-risk patients, who average $40,000 in spending per year, and low-risk patients, who average $1,000 per year. Overall, low-risk patients represent 90 percent of the population. What would average spending be for a ..
Iggy only consumes two goods: coffee and cigarettes. Three cigarettes can be traded for one cup of coffee in a free market, or one cup coffee can be traded for three cigarettes. Iggy initially has 12 cigarettes and 5 cups of coffees. Find an equation..
If your rival advertises and you do not, you will make $1 million and your rival will make $3 million.
(Figure: Corn and Watches in the United States and Canada) Referring to the graphs, we see that _____ has the comparative advantage for corn and _____ has the comparative advantage for watches.
If each nation grew at a constant rate over these years, in which year did the U.S. overtake the U.K. in terms of average income.
Identify a relevant economic article from either the Strayer Library or a newspaper. The article must deal with any course concepts covered in Weeks 1-4.
In what ways can government impact the distribution of income?. Are state (and local) tax systems generally progressive or not?.
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