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Economic History Questions
1. List two major contributions to economic development of the Phoenicians.
2. What were the motivations for early colonization efforts of the Greek city states?
3. Why was the innovation of coinage by the Greeks so important for economic development?
4. How did the Pax Romana foster economic development?
5. Give details as to why each of the following may explain why Great Britain industrialized first and provide any weaknesses of each argument: Superior technological creativity, Early establishment of a patent system, Participation in foreign trade.
Write a 500 word essay in APA format with references on has the money supply increased or decreased in the last 3 to 5 years and explain why, and has the interest rate increased or decreased in the last 3 to five years and explain why.
The United States has a variety of regulations to address the economic harm resulting from monopoly power in an industry. Do you agree with the author's feelings about increased government oversight of such industries? Why or why not?
Why is it important for economists to understand the processes that generate individual's outcomes?
What caused the need for the Occupy Wall Street Movement? What was the preparation involved in the Occupy Wall Street Social Movement (Ad company, meetings, social media calls for action) What was the demand for the Occupy Wall Street Social Moveme..
Under what circumstances, and why, would the government be opposed to a merger of two firms? How does the Justice Department decide which mergers to challenge?
What are the two effects of every price change Given two goods, "x" and "y", if the price of "x" increases (all else equal), what do each of the effects say will happen to the consumption of "x"? After the change, what can we say about the quantit..
Describe how the following statements relate to the AD-AS model
1. Will the taxes have the desired effect (usually to reduce consumption)? 2. Will there be unexpected economic side-effects? 3. Are the taxes progressive or regressive? 4. Are the taxes primarily to influence behavior or to raise money?
Suppose that the supply and demand for oil. Starting from a point where supply and demand are in equilibrium, describe with use of a diagram how a global recession is likely to affect equilibrium value and quantity of oil bought & sold.
1. Differentiate the role that data redundancy and data independence play in the database management system concept. Is either of these concepts desirable for a database? Explain your decision for choosing the concept that is desirable.
What is the entire relationship between the quantity supplied and the price of the good?
Macrosoft, a profit maximizing software provider, has a fully enforceable patent on word processing software. They can produce software with no fixed costs and with a constant MC of $20 / software package. The market for word processing software i..
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