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In 1960, the proportion of blacks in Southern states was higher than the proportion of blacks in Northern states. The black-white wage ratio in Southern states was also much lower than in Northern states.
Illustrate what does the difference in the relative black-white wage ratios across regions indicate that Southern employers discriminated more than Northern employers?
Illustrate the equilibrium wage ratio in a graph.
Avocado farmer, Mrs. Henny Brown is worried about wealth transfer also unjust taxation.
Assume that at price index of 154, the quantity demanded of Real GDP is 9,000 billion worth of goods and services. Elucidate do these data represent aggregate demand or a point on aggregate demand curve.
Assuming that wheat and barley both sell for $1, and income is $20, compute the price elasticity, cross price elasticity and income elasticity for wheat.
Elucidate why we still say that raising cattle is land intensive compared with farming wheat or why not.
Discuss which key concepts and topics in this course have made you a stronger candidate to enter the business world.
Illustrate what are the pros and cons of using expansionary and contractionary fiscal policy tools under the following scenarios: depression, recession, and robust economic growth.
which of the following is the best explanation for the state's historic reliance on severance taxes on oil and gas production.
Illustrate what might you call an outward shift of a nation's production possibilities frontier.
Under what circumstance would you be no worse off if the company paid you cash instead of providing a car.
Explain the difference among the government purchases multiplier and the net tax multiplier. If the MPC falls, what happens to the tax multiplier.
the changes that would occur to the jalapeno pepper market if suddenly Mexican food became popular, especially spicy Mexican food.
its marginal propensity to consume is 3/4. If its GNPin period10 is 2,048, explain how much labor and capital did it start with in period0.
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