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GOVT 350 Reading Quizzes Quiz 1: Prompt: In Chapter 1 of his book, Richards discusses the alleged communism of the early church in Acts 4. Explain the differences between what the early church did in distributing “to each as any had need” (v. 35) and communism. A good answer will normally have 200 words or…
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GOVT 350 Midterm Liberty University Set 1 According to Richards, private ownership of homes and other property Which of the following effects should we expect from subsidies to ethanol production, according to the chapter “Ethanol Madness” in Miller et al.? In their chapter “The Mystery of Wealth,” Miller et al. use Zimbabwe as an example…
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GOVT 350 Final Liberty University Set 1 If barriers to trade tend to slow economic growth and make most Americans worse off, why do economists think trade barriers continue to exist? According to Richards, human beings Compared to privately directed, privately funded investments in industry, When two people voluntarily exchange goods, Which of the following…
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GOVT 350 Position Paper 1 Liberty University Topic: The Minimum Wage Topic Set 2: Rent Control You will prepare a position paper evaluating a type of government intervention into the market economy as presented in The Economics of Public Issues. Government action must be evaluated in the light of economic theory and Christian ethics. Each paper…