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Economics Trying to describe what is the present state of methodology in economics is a lot like trying to summarize modern culture. Whatever statements are made are going to be overgeneralizations with respect to differing groups. The meth...
None of these Q2. Answer. Option D: B and C are correct. Q3 Answer. Option C: Stricter limits on what individuals (and groups and corporations) can contribute should be enacted and enforced. Q4 Answer. Option D: None of these. Q5 Answer. O...
is quite important. Given the multiplier effect, its impacts on other industries such as glass, steel and rubber, so it is considered an industry that shows some level of welfare in the economy one that has a greater share of production in...
concepts to my recently graduated son who before officially entering the job market has approached me to explain these concepts. They are discussed in the following sections. Absolute and Comparative Advantage In simpler terms, an Absolute...
refers to a situation that would satisfy various socio-economic criteria on the allocation between individuals in overall wealth. This concept is subjective, since saying economic situation it is right is based on a priori moral. The term ...
race, in the biological perspective is highly beneficial for scientific endeavor since it is believed to be helpful in understanding ethnic differences in identifying diseases and people's response to drugs (Foster, 2002). According to Dr. ...
social institutions that give rise to regular patterns of sharing, stable and predictable behavior.It refers to a related set of social structures, social institutions, social practices that preserve, maintain and enforce "normal" type of r...