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During the last decades there has been an increase of anti-capitalistic movements around the world which are fundamentally different from those of the XIX-th and XX-th centuries in the sense that they do not belong to a "working class", but rather to a "middle class" who has had high levels of education.
By capitalism I mean any exchange market economy (with private property, one currency, representative democracy, competitive markets,...), i.e. in a broad sense and not referring to regional particularities (for example US vs Europe).
why do you think drug companies spend so much on advertising for drugs they have a patent on (essentially giving them monopoly power) but so little on drugs with an expired patent when generic alternatives are available
Can a for-profit business engaged in maximizing profits also be an ethical business? If so, why or why not? Include discussion of at least 1 ethical theory, refer to a least 2 materials assigned in Theme 2, and give at least 1 specific example to cla..
The demand schedule for new hires with le bac and the supply schedule for similarly credentialed new job seekers are given in the accompanying table. Elucidate the currency used in France-is the same as the yearly wage.
increase because the total amount of human capital in the country will increase as the new owners learn how to farm.
Suppose a competitive market consists of identical firms with a constant longrun marginal cost of $10. (There are no fixed costs in the long run.) Suppose the demand curve at any price, P, is given by Q = 1000 ? P.
The United States can make certain toys with greater productive efficiency than can the China. Yet we import those toys from China.
Suppose the labour market in the house cleaning industry in Quebec City can be described by the following demand and supply equations: LD = 400 - 10w and LS = 40 + 20w. Calculate the equilibrium wage and employment if the market is free.
Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue.
Be able to examine critically the health of the economy as a whole through the analysis of major economic variables and advise on likely policy alternatives
explain how governments can contribute, or discourage long run growth through their policies and institutions.
Describe how the U.S. went from budget deficit to budget surplus and back to budget deficit. Remember to use your text as well as other source content to fully respond to this discussion.
Why the adverse effect on output is larger when the Fed is decreasing money supply than holding it constant.
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