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Critical Thinking Discussion
**3 Questions 200 word minimum**
Describe a story that has recently been sensationalized, and explain a key component of sensationalism that was part of the way the story was presented.
Identify and explain the steps that one must take to be a critical consumer of the news, and describe a time where you failed to be a critical consumer of the news.
Describe the prospects for establishing a "Critical Society" as described by Graham Sumner.
What did Lewis mean when he wrote that there was a surplus of labor in agriculture? How does one easure that surplus? To what standard is labor in surplus.
The demand for resources is a derived demand.” What is meant by that statement? Why is the employment of a resource inversely related to its price?
Presume you originally invested in a firm when it was small and unprofitable. Now the firm has grown to be large and profitable. Would you be better off now if you had bought the firm's stock or the firm's bonds?
in 2007 the potato chip industry in the northwest was competitively structured and in long-run competitive equilibrium
Consider a closed economy, where the price level P is constant and equal to 4.You are given the following additional information:
The market for qbits is initially competitive and the market demand is: P = 400 - 0.4Qd. The combined marginal costs of the firms in the qbit industry are: MC = 50 + 0.6Q. Draw the demand and marginal cost curves. Compute and show how much these firm..
Explain why quality became the most important issue facing American business in the 1980s. In addition to economic competition from Japan, what other factors may have contributed to the importance that quality has assumed?
Consider a bond that promises to pay $100 in one year. What is the interest rate on the bond if its price today is $75? $85? $95?
The southern United States is in the midst of a severe drought. Texas has suffered estimated crop and livestock losses opf $7.62 billion since 2010 (ehwn the drought began).
An economy's production possibilities frontier is also its consumption possibilities frontier. under all circumstances,under no circumstances or else.
What ethical principles apply to this discussion? What moral or ethical limits should be put on genetic testing and interventions? Should genetic engineering be legal? Should parents be allowed to "design" their children?
Using the Solow model consider the effect on the economy of a reform that eases the immigration procedure leading to an increase in the rate of immigration. Discuss also using graph.
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