61) Refer to Table 7-4. For steak and cheese and grilled chicken sandwiches, the table contains the values of the marginal utility (MU) and marginal utility per dollar (MU/P) for Mabel Jarvis. Mabel has $14 to spend on steak and cheese and grilled chicken sandwiches. Which of the following statements is true? A) If Mabel maximizes her utility she will buy three steak […]
6.6 From The Firm to the Market: Long-Run Competitive Equilibrium 1) Which of the following statements about the short run and long run is true? A) The number of firms in the industry is fixed in the short run, but in the long run the number can change. B) Free entry and exit of firms is possible in the short run, but entry and […]
31. Given a fixed amount of gas held at constant pressure, calculate the temperature to which the gas would have to be changed if a 1.75 L sample at 23.0oC were to have a final volume of 3.50 L. A) 46.0oC B) 89.5oC C) 169oC D) 319oC E) 592oC 32. A given mass of gas in a rigid container is heated from […]
17.3 Product Development and Marketing 1) For a firm in monopolistic competition, innovation and product development are A) senseless because economic profit is always zero in the long run. B) necessary in order to have a chance of making at least a short-run economic profit. C) inconsequential because each firm produces a different product. D) necessary to allow new firms to enter. E) […]
31) If the price level falls and the money wage rate does not change, some firms ________ and there is ________. A) shut down; a leftward shift of the aggregate supply curve B) start up; a rightward shift of the aggregate supply curve C) shut down; a decrease in the quantity of real GDP supplied D) shut down; a decrease in potential GDP […]
41) In national-income accounting, government expenditures on the salaries of civil servants are included at A) their imputed market value. B) the market value of the goods and services they produce. C) their after-tax salaries. D) their pre-tax salaries, or factor incomes. E) opportunity cost. 42) Transfer payments are excluded from the government component in the calculation of GDP because A) they do not […]
16.6 Chapter Figures The figure above shows a firm’s demand and average total cost curves. 1) The situation in the figure above creates a barrier to entry for a second firm because i.a second firm that produced as many kilowatt-hours as the first firm would see the market price fall beneath its cost and would incur an economic loss. ii.a second firm […]
51) Suppose the Fed buys $1 million of government securities from Bank One, a large commercial bank. Bank One’s reserves ________ and its deposits ________. A) increase by $1 million; do not change B) increase by $1 million; increase by $1 million C) do not change; increase by $1 million D) do not change; do not change E) decrease by $1 million; do […]
81) If the demand curve for desktop computers shifts rightward and at the same time the supply curve shifts leftward, then A) the equilibrium quantity definitely increases. B) the equilibrium quantity definitely decreases. C) the equilibrium quantity definitely remains the same. D) More information is needed to determine the effect on the equilibrium quantity. E) the equilibrium price definitely falls. 82) The demand […]
21) For country North, the opportunity cost incurred when 3 tractors are produced is 21 watches. For country South, the opportunity cost incurred when 5 tractors are produced is 100 watches. Which country has the comparative advantage in the production of tractors? A) North B) South C) Both have the comparative advantage in the production of tractors. D) Neither country has the comparative advantage […]
Please watch the video below and read the two attached articles. In a 500 word paper, analyze the arguments being made about democracy and America. Be critical and take a position on the points being made about American Democracy. By having a historical understanding of American government you can begin to deduce how American government was built to function and critique how it actually functions today. Was it built to function as it is or were there flaws in the system that lead to a form of government the founders did not envision? Are the positions taken by the authors of the two articles below strong positions or are there flaws in their arguments?
For full credit you must:
Demonstrate your understanding of the course content and above material.
Give at least two points with examples on the issue of American Government and Democracy.
video link: https://youtu.be/r161cLYzuDI
Article 1: https://www.theatlantic.com/magazine/archive/2018/03/america-is-not-a-democracy/550931/
Article 2: https://www.counterpunch.org/2017/12/13/the-u-s-is-not-a-democracy-it-never-was/
Criteria: Takes strong, well defined position. Uses at least 3 appropriate reasons with at least 2 supporting details for each reason. Counter arguments effectively addressed. Structure of paper is clear and easy to follow. Paragraph transitions are logical and maintain the flow of thought throughout the paper. Conclusion is logical and flows from the body of paper.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more