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What kind of reforms does globalization need in order for the entire world to progress and benefit from globalization and not only the world's leading nations or the ‘elites' of every country?
Jen grows corn on her farm and uses it only for her family and to feed her farm animals. Assume the US Department of Agriculture passed an administrative rule that limited the amount of corn that Jen can grow, and set of financial penalty if she exce..
The loss to consumers can be decomposed into three pieces: a transfer to domestic producers, a transfer to the government, and a deadweight loss. Use your diagram to identify these three pieces.
How does "Islamic revolution" resemble other waves of revolution (Communist peasant rebellions in the 20th century, national revolutions in Europe in the 19th century, democratic revolutions in the 18th and 19th century)? How does it not? What accoun..
Why do politicians (such as Ron Paul) who distrust government prefer government-issued gold and silver coins to government-issued paper money? Do you agree or disagree? What are the pros and cons of commodity versus fiat money?
Let’s look at the issue of company culture and customer loyalty. What are some ways an organization’s culture can impact customer loyalty?
Background info for question below: "For all problems consider a market containing four identical firms, each of which makes an identical product. The inverse demand for this product is P = 100?Q, where P is price and Q is aggregate output. For all ..
Happiness surveys seem to indicate that at any given moment in time those with higher income, on average, report higher levels of happiness than those with lower income. Over time, nevertheless, as societies increase their real per capita income, ave..
Which of the following statements is true about competition in a market?
For April 2015, the Bureau of Labor Statistics (BLS) estimates that the number of employed workers in the US was 148,523,000. The total number of workers who were not employed but were actively seeking work or waiting to be recalled from layoff was 8..
Illustrate what are implications for economic analysis if most people don't follow economic decision rule in many aspects of their decisions.
Use the following information for the next 10 questions. You should draw a graph that depicts the situation below and use your picture to answer the questions. Assume that wages and prices are sticky and that we start at a long run equilibrium. Assum..
Which of the following is an example of an explicit income transfer?
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