Economics

Public Policy

   Send article as PDF    <p style=”line-height:200%”><b>Introduction</b></p> <p style=”line-height:200%”>Welfare state programs are also termed as social programs in the United States. These services include various subsidies provided to support the needs of the American citizens. Examples of such welfare programs include cash assistance, provision of healthcare and medical aid, food support, housing provision, energy …

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Perfect competition

   Send article as PDF    <p style=”line-height:200%”>Known as FreshAsIs the firm is perfectly competitive and operates in perfect competition market. All of the firms sell fresh, unprocessed milk with little differentiation in the products. All of them are price takers primarily because of the threat from substitutes and the size of the market. They …

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Methodology

   Send article as PDF    <p align=”right” style=”text-align:right;line-height:200%”>Models have been used in both articles so as to determine the relationship of various variables in the economy. For instance, relationship between wages and labor availability. However, Hanson and Spilimbergo used observation which was not effective since they could not observe immigrants attempting to enter united …

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Expansionary Policies

   Send article as PDF    <p align=”center” style=”text-align:center”>The United States&rsquo; economy experienced the great recession in the past few years. The recession which is considered the longest since Second World War, was experienced between December 2007 and June 2009 (Dellepiane, 399). &nbsp;Recession refers to a period when the growth in output is negative for …

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Mylan Pharmaceuticals&rsquo; Violation of Antitrust Laws

   Send article as PDF    <p style=”line-height:200%”>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Competition is an important aspect when any economic activity is of concern. Therefore, the federal government plays an integral role in ensuring healthy competition in the U.S. economy through the formulation and implementation of the antitrust regulations. The laws help the economists in the department of justice consider …

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Market structure of USA Automobile Industry

   Send article as PDF    <p align=”center” style=”text-align:center;text-indent:.5in; line-height:200%”>Institution</p> <p style=”text-indent:.5in;line-height:200%”>The USA automobile industry is dominated by four main large firms. These are the General Motors, Ford, Chrysler, and Toyota. These four firms form an oligopoly market structure. This essay will discuss the market structure of the USA automobile industry in terms of its …

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Competitive Analysis

   Send article as PDF    <p align=”center” style=”text-align:center;line-height:200%”><b>Competitive Analysis</b></p> <p style=”text-indent:-.25in;line-height:200%”>1.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;</p> <p style=”text-indent:.5in;line-height:200%”>Conferring to a publication in the year 2010, OpenTable attained an estimated 250 million dollars in revenues from dinner reservations and restaurant partners. Due to development factors, the revenues collected from the tickets would rise to 480 million dollars. The collection …

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Economic Sector

   Send article as PDF    <p style=”line-height:200%”><b>Question 1</b></p> <p style=”text-indent:.5in;line-height:200%”>A national economy can be split into five sectors, the primary, the secondary, quaternary, quinary and tertiary sector. The primary sector of an economy entails harvests and extracts commodities from the earth. All the construction, processing and manufacturing lies in the secondary sector. The tertiary …

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