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1. What was FDR's approach to fixing the depression? What did he use to gain the country's confidence?
2. What were the main differences in goals between the First and Second New Deals?
3. How Successful were the new deals in doing what they set out to do?
4. What was America's initial attitude to the war? What did it take for Americans to support joining the war?
5. What were the primary reasons for Dropping Nuclear ordinance on Japan? How did Russia play into the decision?
There are two types of consumers: one half of consumers are type 1 (low type) and the other half are type 2 (high type). Type 1's demand curve is q1 = 4 - P, wh
The labor demand and supply curves are respectively: Ld = a+b?w and Ls = c+d?w, where a, b, c, and d are parameters of the model, w is the wage, Ld and Ls denote labor demand and supply, respectively. What are the values of the parameters c and d tha..
You learned that Texas has a tax system that is generally “regressive” because it relies heavily on sales taxes rather than income taxes. What are the definitions of regressive, flat, and progressive when it comes to taxes? Why a sales tax is conside..
An injection molder is purchased for $500,000 for a large scale commercial operation. Its expected life is production of 2 million plastic wheels. Its salvage value is $1,000. Using the units of production method, calculate the depreciation rate per ..
A monopolist has two sets of consumers. The demand for one set can be described by Q1 = 5 ? p. For the other set, the demand is Q2 = 10 ? p. The monopolist faces constant marginal cost of 2. Derive the monopolist’s total demand if the two markets are..
If factor-intensity reversals were indeed prevalent in the real world, how might this fact be used to explain the Leontief paradox? If this explained the paradox, would it suggest that any given U.S. trading partner stood a better chance of conformin..
Photographs such as image B were extremely common in the media in 1989, showing East Berliners shopping in Western stores.
The tools of monetary policy for altering the reserves of commercial banks are the
Thorpe Mfg., Inc., is currently operating at only 88 percent of fixed asset capacity. Current sales are $320,000. Suppose fixed assets are $250,000 and sales are projected to grow to $357,000. How much (in dollars) in new fixed assets is required to ..
Illustrate what happens to inflation is indeterminate; it could be either higher or lower than in the standard model.
If demand is estimated to be Qd = 240 - 6P, the marginal revenue function is
Look carefully at Maps 10.1, "Afro-Eurasian Trade, 1000-1300" and 11.1, "The Spread of the Black Death." What do these two maps together tell us about the relat
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