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A) What does the term Democracy mean and where is it from?
B) Why is it relevant to our understanding of U.S. Politics? Why is it important? How does it help us think about politics—either meaning “who get’s what, when, and how” or “the process of improving people’s lives”?
What is an open-end mutual fund? What determines the value of these funds? Why might you buy a no load mutual fund instead of a load fund? Do load funds perform better than no load funds? Explain the meaning of net asset value (NAV) per share for mut..
What's the difference between real GDP and real GDP per capita? Which one is more important? Why? What are your thoughts on the Affordable Care Act (normally referred to as Obamacare), and its impact on unemployment/employment and economic growth? Ho..
Discuss how and why the effectiveness of fiscal policy depends upon the slope of the LM curve. Hint: Discuss how the behavioral sensitivities (c1, and c2) determines the LM slope, and how changing c1, and c2 influences the fiscal policy effectiveness..
Assess the effectiveness of the federal government during the Eisenhower, Kennedy, and Johnson administrations in enforcing desegregation laws throughout the South. Discuss one event during each of the administrations.
Three products that you believe are provided by a "pure" monopoly, or at least by firms with a high degree of monopoly power. List substitutes for the products sold by each of these "monopolies".
What is opportunity cost of producing one more bushel of wheat in US. Which country has a comparative advantage in winter hats.
U(x,y)=3x+y, where x and y represent the quantities of two goods, X and Y. The ocnsumer has I=60 , to spend on the two goods, and good Y costs Py=2 per unit. The price of good x, Px is also exogenous. Calculate the consumer's elasticity of demand for..
The EarthCom Company prices its wireless service differently in the two market segments it serves even though the cost of adding a new customer is the same in each segment. Market research has shown that EarthCom can increase its profits by price-dis..
Andrew belongs to a culture in which most people including Andrew have freedom in their economic and political pursuits. Further, this culture gives priority to Andrew's interests over the interests of the relevant social unit. Which of the following..
In the framework of an oligopoly, what strategy can work like a silent form of cooperation?
A gardener can use one of the three brands of fertilizers during the next growing season. The following decision table shows the expected gross income per acre for each fertilizer brand and weather condition for the growing season. The chance of a dr..
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..
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