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Learning Activity Instructions
Background to the assignment: We read earlier about paradigm shifts occurring in cultures; within our Western culture we have observed some as well.
Description of the assignment: In this assignment, list 1 or more paradigm shifts that you have seen in Western culture during the 20th century. Remember what our definition of a paradigm shift is before you begin. If you include sources, cite them in current APA format. This assignment must be between 250-300 words and include the word count in parenthesis.
How the proposed TPP (Trans-Pacific Partnership Agreement) can benefit or hurt the U.S. economy? Please comment briefly and provide references to support your point of view.
How can I explain explain the market equilibrating process in relation to the following: Law of demand and the determinants of demand
Suppose your local Congress representative suggests that the federal government intervenes in the gasoline market to stop runaway price increases. Would you say that this view basically supports the Keynesian or the Monetarist school of thought? Why?..
What was the rate of inflation for the month? How does that rate of inflation compare with the rate in the previous month?
A company produces output with a constant marginal cost MC = 2. Its output is consumed by two types of customers a and b, with demand functions
For each of the following pairs of goods, would you expect the cross-elasticity of demand to be positive or negative? Large (in absolute value) or small? Defend your answers:
How much corn will the industry be willing to supply at a price of $200? What about at a price of $250? What about $300? $350? $400? ii) Use your answers to graph the long-run supply curve for the industry, that is, the quantity of output the indus..
As an international economist you have been tasked to make a short speech which answers the given questions:
As we all know, at current it is illegal for parents who want to adopt a child to pay the birth mother for, or to offer to pay for, the babies they adopt.
Discuss expectations of changes in economic, financial, and international conditions in the near future. Identify any economic issues of special concern. Recommend whether the FOMC should rise, lower, or keep short-term interest rates the same. The e..
Assume that initially the goods and services market is in equilibrium at potential of output and that the government budget is balanced,
Describe why population growth has such a negative impact on economic growth in Malthusian and Neoclassical growth models.
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