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The Discussion for this week will focus on social problems, and three different perspectives used to view social problems. Please respond to the following questions/statements:
Which of the three sociological perspectives (Functionalism, Conflict Theory, or Symbolic Interactionism) best explains the social problems that exist in society? Why do you think the perspective that you chose best explains social problems?
Using a reputable website or your local paper, find and describe something you would consider to be a social problem. After you have identified a social problem, discuss the impact that the problem has on individuals as well as society.
Which of the following would shift a supply curve in a perfectly competitive market for a good? Which of the following would not occur in the short run if a binding price floor were raised in perfectly competitive market? What is price discrimination..
A merger will likely lessen competition if
To examine some of the causes of differences in income, and to describe and analyze some of the government policies that attempt to reduce poverty. To show how the Social Security program is designed, how it developed from an insurance program to a t..
You have an insane roommate who plays “Let it Go” (from Frozen) on repeat on her phone all the time and thinks that everyone should put on pink tutus and sing very loudly and dance to it. You share your apartment with him and with three others. Shoul..
Draw output Y as a function of the labor input N given our usual assumptions about the production function (marginal product of labor is positive, but diminishing). What is the slope of the production function? What is the slope of this new function?..
Assume that equilibrium real GDP is 800 billion, potential gdp is 900 billion, the mpc is .80, and the mpi is .40 . What is the size of the GDP gap.
Reed can work up to 5000 hours per year at $8 per hour. He does not have any non-labor income. Draw his budget constraint for leisure (L) and consumption (C). Suppose that Reed was working 3000 hours per year before the intervention. What do you thin..
787b stimulus bill approvedwashington-less than one month after president obama took office congress last night passed
If preferences are strictly monotonic then it will be optimal for the consumer to consume all their income (i.e. be on the budget line). Is this still true if preferences are weakly monotonic?
Given a daily traffic rate of 6000 cars, a toll of $26.00 per car, and a price elasticity of -1.4. What would be the effect of a 50% decrease in price on the traffic rate and daily revenue?
Emphasis will be on the following areas of discussion: the determinants of aggregate productivity, output and employment? what is Monetary and Fiscal policy in the IS/LM model. third degree price discrimination and the role of price elasticity of dem..
Think about our economy. Irrespective of economic conditions, we consume many goods and services in various quantities. There is a constant allocation and re-allocation of resources. How does this happen? What economic mechanism helps allocate resour..
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