World economy and international affairs Study guides, Class notes & Summaries

The time series graph presents the changes in the number of hate crime incidents in DC from 1991 to 2017. The graph illustrates an exponential increase in the number of incidents in this sample period.

This study guide covers all the topic required for the midterm, including short 2-sentence summary of themes and ideas for the READINGS (we did them so you don’t have to!) This study guide is a collaborative effort between 2 students who both ended up with an A in the class. Study fully, you will succeed in both the MCs and the IDs portion of the exam. This can also be a quick guideline for themes to look out for in discussion class when you haven’t done the reading ;) Don’t worry, we gotc...

Westeros Computing Total profit = Total revenue - Total cost = $0.7 million Meereen Supercomputer Total profit = Total revenue - Total cost = $0.6 million Product approach: Sum of the value of the final product (not counting revenue from Westeros Computing because they produce intermediate goods which are all used up by Meereen Supercomputer) = GDP = $3.8 million Expenditure approach: Y = GDP = C I G Nx In this case, we have two factors: Consumption and Investment. We don’t count the consumpt...

a. Percentage increase in cookie price during the 50 year period:$3-$11*100= 200%increase b. Percentage increase in wage during the 50 year period: $18-$77x 100 = 157% increase c. In 1969, cookie monster has to work $1* 60 minutes$7=9 minutes to buy a box of cookies In 2018, cookie monster has to work $3 * 60 minutes$18=10 minutes to buy a box of cookies d. During the 50 year period, even though cookie monster’s average wage increases, his purchasing power in terms of cookies fall because he n...