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Assess the validity of the following assertion: "The growth of wage labor in the Northeast between 1810 and 1850 was a direct consequence of the expansion of slavery in the South."
400 words............
Examine the first diagram showing the monthly production possibility frontier for the Tivoli and the monthly production possibility frontier for the Frivoli. Which tribe now has an absolute advantage in producing spaghetti? Which has the comparative ..
How would the effects of international trade on the domestic orange market change in the world price of oranges were above the domestic equilibrium? Draw a graph to help explain your answer.
If gold was made "legal tender" in those states, how effective do you think gold would be as (1) a medium of exchange (2) a standard of value and (3) a store of value in those states? Explain your reasoning.
Political scientist Garry Wills stated if leader is just an expediter of what other people wish, a resource for their use, the people are not being led but serviced.
Assume that Costa Rica has leakages from its macro economy so that only 80% of every dollar spent there is spent again there. What is the recessionary spending gap, or the proper amount of spending "medicine" to inject to achieve full employment unde..
These options also sell for $3 each. Strategy C is to establish a zero-cost collar by writing the January calls and buying the January puts.
Suppose that civilian non-institutionalized population (CNIP) is 120 million, and the labour force participation rate is 65%. What is the unemployment rate if employment is equal to 70 million? Justify your answer.
Distinguish between skimming price and penetration price policy. Which of these policies is relevant in pricing a new product under different competitive conditions in the market?
Using a demand/supply diagram, illustrate and explain the effects of the imposition of an export tax on a good Y by a home country’s government on (i) the home country’s consumers of Y, (ii) the home country’s producers of Y, and (iii) the home gover..
Owing to the rising cost of copper, in 1982 the U.S. Mint changed the composition of pennies from 95% copper (and 5% zinc) to 2.5% copper (and 97.5% zinc) to save money. If it cost the U.S. Mint $0,017 to produce a penny in 2012, is it time to elimin..
Why a change in the way government might makes transfers to the poor change the poverty rate even if there is no change in the amount of money transferred?
In each of the following situations, which good would you expect to have more elastic demand and why? Required textbooks or mystery novels. Beethoven recordings or classical recordings in general.
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