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When Ronald Reagan died in 2004, he was widely hailed as one of the greatest American presidents and credited with ending (and winning) the Cold War. In this week's discussion, explain if these views are true or not. Write a minimum of two paragraphs for the following discussion prompt:
Evaluate Ronald Reagan's legacy in the United States and in international affairs.
What were his administration's most significant domestic and international achievements? Failures?
price ceiling and price floorintroductionprice ceiling is the law that sets a maximum price below the equilibrium
The country in this example is a large exporting country. Initially, the country exports motorbikes at the world price of $96. Motorbike producers lobby heavily and receive an export subsidy. What is the domestic price per bike after subsidy? What is..
New entrants into an industry often find that they must advertise heavily in order to have even a chance of success. Does this mean that advertising is a barrier to entry? What advantage does advertising play? Be sure to answer this question by inclu..
Explain the difference between positive and normative economics and how this affects ethical decision making. How would this situation be described in terms of Positive economics? Which of these do you think is the correct way to describe this situat..
A steel factory has the right to discharge waste into a river. The waste reduces the number of fish, causing damage for fisheries. Let X denotes the quantity of waste dumped. The marginal damage, denoted MD, is given by the equation MD = 2 + 5Q. What..
A project is scheduled to last 12 months and cost $1,000,000. At Month 5, the Earned Value (EV) is $200K, the Planned Value (PV) is $400K and the Actual Cost (AC) is $100K. When will it finish and what will it cost at completion? As a CEO, what woul..
Calculate the present worth of the equipment described in question 4 given a 10% discount rate. An entrepreneur has found a way to turn straw into gold, but he needs $5 million to create the necessary machinery. He wants to earn a 25% rate of return ..
A CFA charterholder is the Fund Manager for a non-profit organization. During a presentation regarding the restructuring of their investment portfolio's asset allocation, the Head of the Finance Committee questions the manager. As part of his resp..
Economists sometimes say that monopoly is "inefficient". Explain the meaning of "inefficiency" in this context. Show analytically how this inefficiency comes about. Under what conditions will such inefficiency tend to be greater? Under what condition..
You are the father or mother of a family of four (kids ages 13 and 15) planning a weekend camping trip. Develop a responsibility matrix for the work that needs to be done prior to starting your trip.
The notion of sustainability is not the same in the natural sciences as in economics. In the natural sciences, sustainability frequently means maintaining a constant physical flow of each and every resource (e.g., fish from the sea or wood from the f..
Based on the information provided in the preformed statement attached below, compute the Net Present Value, the Internal Rate of Return, the Cash Payback and the Accounting Rate of Return (CO 6). (Hint: Depreciation is not a cash item)
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