Economics

  1. “A government whose bonds are widely held by general public is less likely to face violent revolution.” Why might that be the case?
  2. Critics of government support for the Public Radio and Television and the arts claim that if these entities can’t survive in the market then the taxpayers shouldn’t be required to bail them out. Is there an economic justification for subsidies?
  3. Why is it important to know the difference between positive and normative statements?
  4. Do so-called illegal immigrants take jobs from American Citizens? Explain you answer

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