Question according to some reports more than 40 percent of, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Microeconomics Expert

Economics

Basic Economics

Business Economics

International Economics

Managerial Economics

Public Economics

Home >> Microeconomics

Question: According to some reports, more than 40 percent of the American servicemen sent to Vietnam experimented with heroin. Of these, 57 percent became addicts in Vietnam. Upon their return, however, only 10 percent remained addicts. Sociologists claim this reduction is due to different social mores in the United States compared to Vietnam. As an economist what do you say? Carefully explain.

View complete question

Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M93120276

Have any Question?Write your Review or question?

Related Questions in Microeconomics

Question what happens to the employment decision if an

Question: What happens to the employment decision if an employer is a price-taker in the market for its output but faces an upward-sloping supply curve of labor, that is, it can only hire additional workers if it raises ...

Question asad model analyze the following events using the

Question: ASAD Model. Analyze the following events using the ASAD model. What happens to price, output and unemployment in the short-run, transition from the short-run to long-run, and in the long-run? How should the Fed ...

Question in france it takes one worker to produce one

Question: In France it takes one worker to produce one sweater, and one worker to produce one bottle of wine. In Tunisia it takes two workers to produce one sweater, and three workers to produce one bottle of wine. Who h ...

Question imagine the president of china xi jinping hires

Question: Imagine the president of China, Xi Jinping. hires you to advise him on how to increase the country's economic growth rate back up to about 9% annually from its current annual growth rate of about 6.5%. What wou ...

The wheat market has the following supply and demand

The wheat market has the following supply and demand functions: QD = 98 - 4Pw+ 0.2I QS = -6 +4Pw-2Pc-Pf Where Pw is the price of wheat (per bushel), Q is the quantity of wheat in bushels, I is the average consumer's dail ...

Question a solar-powered personal aircraft with vtol

Question: A solar-powered personal aircraft with VTOL capability has been under development for the past 30 years by a group of engineers and physicists. SPPAV, as the plane will be termed, is expected to be available fo ...

Question oil prices have risen temporarily due to political

Question: Oil prices have risen temporarily, due to political uncertainty in the Middle East. An advisor to the Fed suggests, "Higher oil prices reduce aggregate demand. To offset this we must increase the money supply. ...

Question what is the consumer price index cpi and how is it

Question: What is the Consumer Price Index (CPI), and how is it determined each month? What effect does inflation have on the purchasing power of a dollar? How does it explain differences between nominal and real interes ...

Question after the korean won devalued by approximately 50

Question: After the Korean won devalued by approximately 50% in late 1997 and the economy plunged into a severe recession in 1998, the economy rebounded strongly, with the growth rate returning to 9.3% in 2000. Without b ...

Question samsung runs a 5-year old semiconductor plant that

Question: Samsung runs a 5-year old semiconductor plant that makes 100,000,000 memory chips per year and cost $150,000,000 when it was built. Now they want to build a plant to make 250,000,000 memory chips per year. If t ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As