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These essays should be a minimum of five paragraphs in length each. They should contain a clear thesis statement in the first paragraph (an answer to the question!). Make sure your explanation is clear and that you provide specific examples. Any quotes from the readings or external materials must include quotation marks and an in-text citation. Failure to identify quoted material could result in a 0 for the exam and a formal academic dishonesty charge.
1. Do you agree with the assertion that we are now living in a third-great technological transformation-the Knowledge Revolution? Have computers truly changed our lives so much that we can call this a revolution like the Industrial Revolution of the 18th century? Support your answer providing specific comparisons from the two periods.
2. Explain in your own words your understanding of Wajcman's critique of technological determinism. How does her reasoning compare with Winner's argument that technologies can actually reflect political relationships? Provide examples.
3. How have changes in technology affected the recording industry and our understanding of what it means to be a professional musician? How have changes in technology affected our access to recorded music and the control exercised by traditional distributors? How will all these changes affect cultural trends and our expectations of music as an art form? Provide specific examples.
Explain a political, economic, or social interaction of decision makers that you have heard about in words. The condition should involve decision makers, available actions
At what output is the average variable cost (AVC) at a minimum and if the market price of the firm's output is $7.5 per unit, should the firm produce or shut down?
Suppose the firms compete by simultaneously choosing price and fine the best response function of each firm as a function of the other firm's price. Compute the equilibrium price and quantity for each firm.
Kenya is a state that is a part of the African Nation. Talk about the exchange rates and their money supply. Also write about whether or not Kenya has a promising future.
At a price of $24, should a perfectly competitive firm operate or shut down in a the short run if its TC is given as:
Someone claim that immigration must always be good for economy because the raised supply of labor will result in a higher GDP. Estimate this statement.
What is the long-term equilibrium enrollment in the tuition reimbursement sub-program and which sub-program's long-term equilibrium would be more greatly affected?
Is the federal funds rate currently too high or too low, Suppose that a year has gone by, output is now just 1 percent above potential, and the inflation rate was 1.5 percent over the year. What federal funds rate should the Fed now set (assuming tha..
During 2005, Orlando, Florida, was increasing rapidly, with new jobs luring young people into the area. Despite rise in population and income growth that expanded demand for housing,
What are the macroeconomic consequences of a budget deficit when the economy is operating at full employment? Be sure to discuss the effects in the short run and long run.
Why is an M-form more likely than a U-form to be an efficient way of organizing a university and to organize the schools within it?
Compute the profit maximizing output produced by each firm. Compute the profits earned by each firm and the cartel.
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