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Identifying and shaping public opinion has become a major goal of campaigns and elections. Identify and discuss the process by which people develop their political ideas. What are the four traditional agents of socialization and three additional new factors proposed by Diana Owen (describing each)? How does the process of socialization impact the likelihood of voter participation? Give examples of voter characteristics and characteristics of US campaigns that impact voter participation.
A shirt company spends $1,000 per week on rent for its factory. Each shirt made at the factory requires $2 worth of cloth and $8 worth of labour and energy. Illustrate what is the marginal cost of a shirt.
What happens to hours of work when non-labor income decreases? Does such a non-labor income change generate a substitution effect? Why might we expect welfare programs create work disincentives? What happens to the probability that a particular perso..
Consider a hypothetical economy that produces at its long-run macroeconomic equilibrium at a price level of 100.
Inflation across the board has increased at a rate of 4.3% over the last twelve months. For example, prices for food, gasoline, clothing and entertainment have all increased. Unemployment remains low and stable. What should the Fed do? Describe the e..
Does the lender gain or lose from this unexpectedly high inflation. Explain does borrower gain or lose.
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities.
Describe the central philosophical assumptions behind Reaganomics. What were the key policies by which it was implemented? To what extent were these policies a break with previous economic approaches?
What steps would you first take to perform an after tax analysis to determine a better investment for the following example: Toby is in a 35% bracket for income taxes (state and federal combined), and only 40% of a capital gain is likely to be taxabl..
Compare and contrast the three different perspectives on sustainability.(weak substainability, Strong sustainability, ecological sustainability). What is your perspective and how would you classify it given the three general views of sustainability w..
Two goods are complements if:
Define also Elucidate the three important components of organizational architecture responsible for the success or failure of an organizational design
Which of the following changes would not shift the demand curve for a good or service?
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