What are the pros and cons of electoral system

Assignment Help Business Economics
Reference no: EM131098322

What are the pros and cons of electoral system?

What are the most compelling arguments you found for continuing to use the Electoral College?

What are the most compelling arguments you found that were in favor of abolishing the Electoral College?

Reference no: EM131098322

Questions Cloud

Government might try to reduce the size of the corn surplus : Suppose that the government has been supporting the price of corn. It’s free market price is $2.50 per bushel, but the government has been setting a support price of $3.50 per bushel. Which of the following are ways that the government might try to r..
Each unt of output for the same price per unit : A firm has demand function Q=10 -P. The firm has constant long run average costs of production equal to $4. The firm must sell each unt of output for the same price per unit, and the firm must produce and sell an integer amout of output. Calculate pr..
The interest paid on internally held debt : The interest paid on internally held debt: Answer is a real claim on our goods and services. is roughly 20% of the federal budget. is paid out to one group of Americans from the taxes collected from another group of Americans. is a real burden on the..
The cyclically balanced budget : The cyclically balanced budget: Answer is not easy to implement, because it is difficult to plan to balance the surpluses and deficits over a span of years. is mandated by federal law to be the responsibility of Congress. has political support becaus..
What are the pros and cons of electoral system : What are the pros and cons of electoral system? What are the most compelling arguments you found for continuing to use the Electoral College? What are the most compelling arguments you found that were in favor of abolishing the Electoral College?
Two mutually exclusive alternatives are under consideration : Two mutually exclusive alternatives are under consideration. Alt A. will cost $40,000, provide annual benefits of $15,000 and a salvage of $4000 at the end of its 4 year life. Alternate B will cost $63,000, provide annual benefits of $21,000, and a s..
Can country continue to afford such deficits indefinitely : Assume that a country’s real growth is 2 percent per year, while its real deficit is rising 5 percent a year. Can the country continue to afford such deficits indefinitely? What problems might it face in the future?
Decrease in consumer spending can be expected to shift : A decrease in consumer spending can be expected to shift the
Find the monopolist profit-maxmizing output and price : Suppose the demand curve for QD = 500 - p, and the marginal revenuue function is MR = 500 - 2Q. The monopolist has a constant marginal and averge total cost of $50 per unit. Find the monopolist profit-maxmizing output and price. Calculate the monopol..

Reviews

Write a Review

Business Economics Questions & Answers

  What in your opinion happened to the equilibrium price

In the world of electronics overtime people realized the immense use of having a personal laptop. And at the same time the technology has improved significantly in last decade. In fact the technological improvement has surpassed the increase in willi..

  Socially optimal level of pollution reduction for each firm

Firms A and B each produce 100 units of pollution. Firm A has a marginal cost of pollution reduction of MCA= 10+2QA. Firm B has a marginal cost of pollution reduction of MCB=3QB. The marginal benefit of pollution reduction is $150 per unit. What is t..

  What is the maximum price you would pay for the stock today

You plan to buy a common stock and hold it for one year. You expect to receive both $1.50 from dividends and $26 from the sale of the stock at the end of the year. If you wanted to earn a 15 percent rate of return, what is the maximum price you would..

  The long-run average-cost curve

If an industry has no barriers to entry, no product promotion strategy, a standardized product type, and a very large number of firms operating within it, the industry can be said to have. The long-run average-cost curve

  Possible events on equilibrium price and quantity

Suppose the market for milk. For each of the following events, state whether it affects supply or demand, which direction supply or demand shifts, the effect on price, and the effect on quantity.

  An outcome that can result from either a price ceiling

An outcome that can result from either a price ceiling or a price floor is:

  Find out his utility maximizing h and l

Find out his utility maximizing H and L. Assume he is not eligible for welfare. Now assume he is eligible for welfare. Does he take welfare or work.

  Describe what is the economic basis for trade

Are you for or against free trade Are you for or against NAFTA What is the economic basis for trade Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource difference..

  Another alternative donation scenario is to deposit

Another alternative donation scenario is to deposit $25,000 now in a savings account with a guaranteed rate of return of 5% per year compounded monthly. Each month your company will withdraw $1000 from this account and donate it to Children's Hosp..

  What is the expected value of your house

Suppose you own a house in Mobile, AL. Your house is currently worth $200,000. Suppose there is a 5% chance that a food destroys your house, in which case it will be worth $0. You have $50,000 in your bank account.

  Offer policies covering all of firms employees

Group health plans, that offer policies covering all of a firm's employees, can partly address the adverse selection problem by:

  Bank compounds interest

If you want to make four equal payments on each January 1 from 2013 through 2016 to accumulate the $1,000, how large must each payment be.

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