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Who were the greatest gainers from the Industrial Revolution?
A. Capital Owners
B. Workers
C. Land owners
D. Innovators
E. None of the above
How many revolutions have been identified by historians for the period of the Industrial Revolution in England?
A 1
B 2
C 3
D 4
E 5
If the intergenerational correlation of status in England in 1800 was 0.8, this implies that the share of status variation which can be predicted at birth is:
A. 0.20
B. 0.36
C. 0.64
D. 0.80
E. 1.00
Are there different ethical risks an entrepreneur faces if entering a market in a developed country as compared to a market in an undeveloped country?
Suppose that the U.S. the demand for phones is given by P=700-Q that the supply is given by P=200+Q. In Korea suppose the demand is given by P=600-Q and supply is given by P=50 + (Q/2). Please regard phones as a homogenous product. Prices are all in ..
q.suppose that a pay equity plan has just been put in place in your organization. the pay equity consulting firm did a
Home and Foreign are two identical countries except that people in Home work twice as hard of those in Foreign. Each has two industries (Steel and Shoe industries), where steel production is capital intensive and shoe production is labor intensive. U..
q. write a 3-page minimum 750 words response to the following problem. mirk labs is a pharmaceutical company that
During the third quarter of 1997, Japanese GDP was falling at an annual rate of over 11 percent. Many blamed the big increase in Japan's taxes in the spring of 1997, which was designed to balance the budget. Explain how an increase in taxes with the ..
Suppose that a monopolist's product could be either high quality (H) or low quality (L).
Suppose that this year the money supply is $500 billions, nominal GDP is $10 trillions, and Real GDP is $5trillions. What is the price level in the economy this year? How often is dollar spent on the economy output this year?
Due to an expanded growth in a city, new waste capacity is needed. A new truck is evaluated to replace the presently owned. The interest rate is 8%.
Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive. The U.S. is a capital-abundant country, and Mexico..
Suppose a basket of goods and services has been selected to calculate the CPI.
The marginal cost of a college education is given by the equation MC = ½ Qs + 2, where Qs represents the national student enrolment in millions each year. The demand for a college education is given by the inverse demand function P = -½ Qd + 18. In a..
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