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Identifying Misleading Information in an Argument: In the past ten years, most forms of drug use have dropped significantly, especially among teens. Despite this, non-violet drug offenders accounted for 21.1 percent of the federal prison population. First time drug offenders serve, on average, a sentence three months longer than kidnappers, nine months longer than burglars, and thirty-three months longer than sex abusers. In 1992, the average cost of keeping an inmate in either state or federal prison was about $20,00 per prisoner per year. The United States has the highest incarceration rate in the world, with 455 prisoners per 100,000 population. It is maintaining these prisoner at great expense in an environment where they are unlikely to develop a socially constructive attitude. Perhaps it is time that we reconsider our attitudes toward those who choose to use drugs; failure to do so may cost society even more than it already has. Determine whether or not the argument uses any deceptive statistics. Give opinion on whether or not the argument is persuaded you. Explain why or why not. Determine the primary ways in which statistics or authority are used in your current position in developing persuasive arguments, and provide examples of such use.
1. the presence of diminishing returns to capital doubling the amount of physical capital available for one worker to
The value of a home depends on how attractive other homes and yards in the area are. How do local zoning ordinances try to promote land uses that generate external benefits for neighbors?
How does the total effect of this $20 billion tax cut compare to the total effect of a $20 billion increase in government purchases? Why?
the demand for coffee is assumed to be p 15 - q units dont matter here. the domestic supply of coffee is p 2 q. the
1. For each price combination, compute the price ratio and find the corresponding least-cost ration.
Calculate the market and socially optimal equilibrium if supply is equal to Q=4 - Calculate the market equilibrium and the socially optimal equilibrium.
If this year's profit (end of year 1) is expected to be $6,000 and the profit trend continues (i.e. the profit at the end of year 2 is $7,200 and so on) for four years, find the present worth of the profit at an interest rate of 9% per year.
If firms suddenly become more optimistic about the profitability of investment and planned investment spending rises by $100 billion, while consumers become more pessimistic and autonomous consumer spending falls by $100 billion, what happens to ag..
Money is an interesting topic and there is much to learn that is not common knowledge regarding how we create money, especially money that is just printed!
1. Who was the first administrator-statesman to attempt planning as a means for economic development?
The widget Industry in Anytown is a monopoly, controlled by Widget Corp. Its demand curve for the local market is given by P = 800 - 20 W Where W represents the number of widgets sold per period. The total cost function (including opportunity or i..
For this Critical Thinking assignment, you will look at how government policies affect markets. You will have the choice of either picking a relatively short article on government policy or focusing specifically on how minimum wage laws affect lab..
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