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Over the past year the Texas Legislature along with others around the country have sought to change history books to downplay the negative aspects and promote the positive aspects of American History. The theory behind these proposals is based on the idea that history classes should reinforce American patriotism and that discussions of the negative aspects are bad for students. However, most historians believe that college students need to be familiar with the mistakes of the past and confront the history as honestly as possible, whether or not it leads to students questioning their patriotism. This is a debate between the "victorious history" some policy-makers prefer versus a "history of struggles" that most historians prefer.
Should college history classes be "washed" of the negative aspects of American history? Why or why not?
This document contains various important questions and their appropriate answers in the subject field of Economics.
Economics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
Explain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes.
The case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School.
Draw the production possibility curve and a. Define consumer surplus and producer surplus.
The Australian government administers two programs that affect the market for cigarettes
How many tickets to sell to maximize total welfare.
The change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled
Depict the von Neumann-Morgenstern utility index u in a diagram
What is the market solution (market price and quantity) and What is the total surplus of the society under the market solution
Calculate gross national product and net national product
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