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Do you think that "Gaia Theory" or "Earth System Theory" is a better name for communicating with non-scientific members of the public? Why? What are the advantages of each approach?
Take some time to think about the ways in which your learning in this class relates to the real world. Has the knowledge you gained been valuable in helping you understand or evaluate events or policies? Are there any current events in the news that ..
Suppose that the government imposed a $1 tax each time someone used an ATM. How would this tax affect output and the price level in the short and long run?
Analyze the role of credit in our economy and how it influences the business cycle. In your answer, explain how the role of credit leads to the stability of our economy.
If the price of smart phones increases which of the following will happen?
The president of a large public university proclaims. "if we can get the state government to fund our new football stadium, it will not cost us anything" Evaluate this view from an economic perspective. Answer this in the text block below
According to Irfan Nooruddin and Joel W. Simmons, Why are conditions attached to an IMF loan more likely to hurt the poor versus the rich?
George and John, stranded on an island, use clamshells for money. Last year George caught 300 fish and 11 wild boars. John grew 200 bunches of bananas. In the two-person economy that George and John set up, fish sell for 2 clamshells each, boars sell..
Using the figure below, answer the following: a) What rate of output maximizes profits? b) What is MR at the rate of output? What is price? c) If output is increased beyond that point, what is the relationship of MC to MR? How will this affect total ..
Suppose a consumer's level of satisfaction is given by AB^2 and he/she has a total of $10 to spend on goods A and B. If the price of A is $1 and the price of B is $2, and assuming you can only purchase whole units (not fractional) of A and B, how man..
A Wartburg engineering student graduates with student loans in the amount of $41400 that have a repayment APR of 7.66%. How much will the annual payments be if they intend to pay off the loans in 14 years?
Holding supply conditions constant, the costs of regulation fall wholly on producers when: a. EP = 1 b. EP => 1 c. EP = d. EP = 0 22. A 100% markup on cost is equivalent to a markup on price of: a. 25% b. 33% c. 50% d. 100%
A function with two required and two defaulted parameters. A function with two parameters passed by value and two parameters passed by reference.
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