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1) In your own words, discuss what you believe are the two most relevant reasons for low voter turnout in local elections compared to national elections. Please include what makes them the most relevant. Your response should be at least 75 words in length.
2) Describe the evolution of big city politics and the effect reform had on machine politics. Your response should be at least 200 words in length.
3) Discuss the history that led to the creation of suburbs and then to suburban sprawl. Characterize the governing issues that arose based on urban sprawl, and discuss a solution that you believe is the most effective and efficient answer to the issues that surround governing metropolitan areas. Support your answer with specific examples.
Your response should be at least 500 words in length and include an introduction, a body, and a conclusion.
What is the effective interest rate of an investment if the nominal annual interest rate is 4.67% and it is compounded semi-annually? Express your answer as a percent to two decimal places.
Explain the law of supply, and why the supply curve slopes upward? How is the market supply curve derived from the supply curves of individual producers? Identify what are the major determinants of price elasticity of demand?
If you wanted to assess the competitiveness of a country, would you focus on its spot exchange rate, its real exchange rate, its effective exchange rate, or some other measure of the company's currency's value? Explain
The World Trade Organization to the European Union and many more organizations work as multinational institutions. In recent years, we have learned about how the Euro zone has become compromised because of member states engaging in domestic policies ..
Evaluate the pricing strategies - You must then use economic analysis to evaluate the pricing strategies your firm has adopted for its main product(s).
Have no effect on equilibrium price and quantity. Reduce quantity demanded, but not shift demand curve. Which of following is unique to capitalist ideology.
A business cycle fact is that real wages are pro-cyclical. Using the classical labour market as we have all semester, show and explain how the classical economists explained this business cycle fact.
There are 3 firms producing mercury emissions, with heterogeneous marginal abatement costs: Suppose the EPA adopts a command-and-control regulation permitting each firm to emit just 20 tons per year. i) Calculate the cost of compliance for each of th..
Supposed that you represent the shareholder board of Apple Inc. and decide to elicit high CEO effort to help the company: What will be your incentive contract plan (e.g. bonus, stock option…etc.)?
For the purpose of these exercises, let the firm's profits be given by P(x) = 20x - x^2, and let damages be given by D(x) = 2x^2. Under these situations find: Level of output x, Producer surplus and net damages. A regulator imposes a unit Pigovian ta..
The production engineers at Impact Industries have derived the optimal combinations of labor and capital. These are the only two inputs used by Impact. The following chart shows the combinations of labor and capital for three levels of output. Q is t..
What are the three curves in the Aggregate Demand Aggregate Supply (AD/AS) model? What are their shapes? What relationships do they each represent?
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