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There is debate going on concerning the latest version of Apple i-phone between Apple and the US federal government. A US magistrate in California has ordered Apple to unlock the phone of a deceased terrorist who killed several people. The CEO of Apple declined stating that it would violate the privacy of all Apple phones not only here but world-wide and cities Edward Snowden revelations. Apple has said that they will appeal the magistrate’s order. Ethically, does the individual’s right to privacy exceed the government’s right to know?
Illustrate what is the four industry concentration ratio of the hamburger organization in this town.
Which of the following statements is false in the short run? The long-run average-total-cost curve shows.
Describe the scope of Public Finance. Explain different philosophical approaches to the role of the government. Describe the size of the government sector in the U.S.
Jean-Pierre consumes only apples and bananas. He prefers more apples to less, but he gets tired of bananas. If he consumes fewer than 28 bananas per week, he thinks that one banana is a perfect substitute for one apple. The indifference curve that pa..
The labor force is 100 million and the unemployment rate is 5 percent. If one million people quit looking for a job, what is this called and what is the new unemployment rate?
If you wanted to simultaneously achieve economic growth, reduced inflation, and increased employment would you prefer a) an increase in AD - shift to the right; or b) an increase in AS - shift to the right? Justify your answer by explaining how each ..
Use the theory of ethical relativism and the Center for American Progress report to consider the recent bans on foreign law. Propose two (2) advantages and two (2) disadvantages of using foreign or international law in legal disputes. Provide a ratio..
Calculate the present worth value of 9 annual payments of $800 made at the end of each year knowing that the interest rate is 8%
How much would government get if it introduced a 15 percent income tax? Revenue $ d) How much would government get if it introduced a 15 percent sales tax on final output?
You are the chief economic advisor to the country of Utopia. Life is good in Utopia but people still suffer from the common cold and other ailments. The local Panacea Company has spent $1,000 developing a new drug called Nosnot that cures the common ..
Under oligopoly, if one firm in an industry significantly increases advertising expenditures in order to capture a greater market share, it is most likely that other firms in that industry.
Suppose there are two types of shirts available to Carl: red shirts and black shirts Carl is always wiling to exchange three black shirts for one red shirt. What type of preferences is Carl exhibiting? Draw several indifference curves to illustrate C..
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