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1) What is the purpose of criminal law? (Provide at least two rationales)
2) Explain how crimes are classified?
3) Give two examples of white-collar crime. What do you believe the punishment should be for this crime?
Illustrate what is the market elasticity of demand. What is your elasticity of demand in this Cournot oligopoly.
What is the new equilibrium price and output in the short run for both the industry and each firm.
If amazon.com's revenue increased after it cut the price of books, dvds, and blu-rays what must be true about the price elasticity of demand for ordering these goods online?
Illustrate what are the laws governing "involuntary treatment" in state of Pennsylvania? Describe the process who makes the decisions, how long the treatment can last, etc, for state of PA.
depreciation is 5 percent of capital in both countries and country A saves 10 percent of output whereas country B saves 20 percent. If A starts out with a capital-labour ratio of 4 and B starts out with a capital-labour ratio of 2, in long run:
A tsunami in Japan disrupts the production of Japanese-made cars. What is the impact on the market for new cars.
The Faculty of Economics and Administrative Sciences is considering to throw a party to its students. The marginal benefits to the students are given by MB=1200-Q2.
Using human capital theory elucidate what these dangers are. While there may be good reasons for heavily subsidizing university education, there are also some dangers in it.
Elucidate the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.
Using simple money multiplier, calculate total change in money supply resulting from $1000 initial deposit. Explain how would hold this level of excess reserves affect total change in money supply.
What would happen to the value of gold if people discovered that it could easily be made at home from inexpensive materials
The more abundant are idle resources when AD (aggregate demand) rises
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