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Compare the development of two imperial powers. What factors inspired these nations to develop empires? How did the powers first gain control over their imperial territories? How did they administer their territories? What role did the local populations play in the imperial relationship?
q1. pick a society and time in history you would consider that the vast majority were doing very well economically.
Consider two hypothetical countries. In Country A, 20 percent of the labor force is unemployed for half the year and employed for the other half; the remaining 80 percent of the labor force is never unemployed. Discuss which of these countries seems ..
The constant price elasticity of demand for cigarettes has been estimated to be -0.5. To reduce smoking by 50%, approximately how much tax needs to be added to a $1 pack?
Which of the following statements best reflects the macroeconomic advice of the great economist John Maynard Keynes?
Elucidate why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command-and-control system.
Let’s discuss the impact of proper contact with customers (face-to-face, via phone, written, or online communication) on a business. What are some examples of excellent service you've experienced?
A nation's capital goods wear out over time, so a portion of its capital goods become unusable every year. Last year, its residents decided to produce no capital goods. It has experienced no growth in its population or in the amounts of other product..
Converse alternatives to GDP as a measure of economic benefits in a current economy.
Parker Products manufactures a variety of household products. The company is considering introducing a new detergent. The company’s CFO has collected the following information about the proposed product. What is the net present value of the proposed ..
When calculating the total social marginal benefit of providing an additional unit of a pure public good, why is correct to simply add up the marginal benefit to each household of that public good?
Which of the following statements about setting optimal two-part tariffs for many consumers is NOT true? The number of buyers (entrants) declines as the entrance fee (tariff) increases. The profit from the entrance fee (tariff) is a concave function ..
Assume that you want to change careers to run a gourmet food truck - the career of your dreams. You use Chapter 7 from Everything Economics as a guide to help you to decide whether to quit your current job, in which you make $45,000 per year. Answer ..
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