produced and sold by U.S. farmers in this case? 3. A vegetable fiber is traded in a competitive world market‚ and the world price is $9 per pound. Unlimited quantities are available for import into the United States at this price. The U.S. domestic supply and demand for various price levels are shown below. Price U.S. Supply U.S. Demand (million lbs.) (million lbs.) 3 2 34 6 4 28 9 6
Premium Supply and demand
effects poverty has on children and education will be discussed. Third‚ the effects poverty has on the different races and why those who are not directly affected should be concerned. Many people will argue that poverty greatly affects children‚ education‚ and race. Poverty has become one of the most important social problems in recent years‚ and will continue to be just as important in the near future. Social scientists and economists have come up with three different definitions
Premium Poverty Sociology United States
until about 1750. There was a long period of stationary growth (no growth) until 1000 B.C.E.‚ when the world’s population was approximately 300 million; this was followed by a period of slow growth from 1000 B.C.E. to approximately 1750‚ at which time global population was an estimated 800 million. Until this time‚ the world’s population was kept in check by high death rates‚ which were due to the combined effects of plagues‚ famines‚ unsanitary living conditions‚ and general poverty. After 1750‚ the
Premium Population growth Demography Population
Should the country implement minimum wage? In these years‚ with the effect of the worldwide economic depression‚ many people have lost their jobs and the unemployment rate is constantly high. At this stage‚ the implementation of the minimum wage has become an increasingly active topic. According to Joyce’s study (2012)‚ the countries with a minimum wage generally have a higher economic output. However‚ other voices would argue that implementing the minimum wage could lead to an economic down turn
Premium Economics Minimum wage Macroeconomics
following is viewed as an agent with the principals who are most importantly the firm’s shareholders? A) managers B) employees C) attorneys D) suppliers 2) The cash manager at AmFlex Company needs to buy 1‚000‚000 British pounds to pay a British supplier. A currency broker quotes him a bid-ask rate of ₤.4865-.5116/US$. What will be the dollar cost of the 1‚000‚000 pounds? A) $486‚618 B) $1‚954‚652 C) $511‚587 D) $2‚055‚499 3) In determining why a firm becomes multinational there are many reasons. One reason
Premium United States dollar Exchange rate Purchasing power parity
size compared to the other 49 states[1]. Youth age 19 years and under represent 27 percent of the total population in Massachusetts with youth ages 11 to 15 comprise 26 percent of the youth population‚ youth ages 16 to 17 represent 10 percent of youth‚ and youth ages 18 to 19 encompass an additional 10 percent of the youth population1. The Census Bureau approximates that by 2002‚ the population of youth aged 17 years and under will increase by 5 percent‚ representing an increase of almost 70‚000 youth1
Premium Crime Police Criminology
I believe that the United States will decline in economic importance as China‚ India‚ Brazil and other countries will rise in power and influence politically and economically in the twenty first century. As the other countries are rising‚ we are falling. The United States alone has over fifteen trillion dollars in debt and still counting. We are only falling more and more as we take out more loans from other countries. Soon enough all of the countries are going to be trying to control us because
Premium United States Money Economics
Should salary be the most important factor in choosing career? Nowadays‚ many graduates consider salary as a key factor when they are looking for a job. They turn down many job opportunities due to low salary and set their minds to get a high-salary job. Should salary be the most important factor in choosing career? In my opinion‚ I don’t think salary should be the most important factor in choosing a career. People may neglect many other things that worth to pursue in one’s life if they put salary
Free Economics Welfare Thought
A standout amongst the most beautiful Presidents of the United States was Teddy Roosevelt. Theodore "Teddy" Roosevelt was conceived on October 27‚ 1858‚ in New York City. His folks were Theodore Roosevelt Sr. also‚ Martha Bulloch. "Teedie‚" as his dear loved ones called him‚ was the second offspring of four. As he grew up he built up an adoration for regular history and perusing‚ and chasing‚ boxing‚ and wrestling. He was taught in costly private rudimentary and secondary schools. Roosevelt went
Premium United States President of the United States Theodore Roosevelt
| 1) While no single religion represents all Americans’ belief system‚ most of the founding population in of the United States was________‚ which has had lasting effects on the laws and political culture in America. | | | | | Catholic | | | | | Jewish | | | | | Pentecostal | | | | | Protestant | | | | | Muslim | | | | | | | | | Score: | 0 | | | | | | | 2) Why is the location within the United States where immigrants settle
Premium United States Immigration to the United States Poverty in the United States