Examine the market for fast food services using a demand and supply framework.   Event #1:  Workers at fast food restaurants have gotten together to obtain higher wages.  Based on Event #1,  would demand or supply shift for fast food services ? Which direction (left or right) would the shift occur?  Assuming a new equilibrium point,  what would happen to the average price and sales of  meals?   Event #2:  A new report has just come out that eating fast food is even worse for your help than previously thought.  Based on Event #2 only ,  would demand or supply shift for fast food services?    Which direction (left or right) would the shift occur?  Assuming a new equilibrium point, what would happen to the average price and sales of meals?   If both event #1 and #2 happen at the same time,  what happens to average price of a fast food service meal and to sales of fast food meals?  Why do you say that?   Explain how consumers benefit from poverty and income inequality?  Give examples from your reading and economic thinking to support. 

In a 2024 Seattle Times article, a Zillow analysis  found that Seattle-area home shoppers need to earn nearly $214,000 a year to afford a typical home in the region, the fifth highest income needed among major cities and the highest outside California. If no more than 30% of gross monthly income should be used for housing expenses, what is the amount needed to be able to afford a mortgage each month?  ( use amount above and show your calculations)  According to the U.S. Census Bureau, King County had a annual median income of $106,300 in 2021.  What is the proportion of gross monthly income that is needed for mortgages or rent?  (show your calculations)  The poorest households in King County earn just $20,600 annually.   In Poverty by America (PBA),  author Matthew Desmond  says  “for many, a home “creates wealth” but for others a home “drains it”  What does he mean by that?  Using PBA,  share two examples that show the poor pay more for services than everyone else. note:  for 3 & 4,  a minimum of two paragraphs is required Sources:   Household Income Puget Sound Regional Council (https://www.psrc.org/our-work/equity/equity-tracker/economy/household-income) Groover, Heidi (Feb. 29, 2024) ” Here’s How Much You Need to Earn to Afford a Seattle-Area Home” Seattle Times Online    

A 58-year old sedentary man with chronic obesity and alcoholism has refused medical care his entire life.  One day while retrieving his mail, he collapses and dies. An autopsy is performed and a representative histologic examination of his renal arteries (central area) is seen below. What is the most likely underlying cause of this man’s death?

What a strong covalent bond replacing the normal hydrogen bond of a nitrogenous base pair is an example of?

Suppose the government decreases transfer payments. With all else equal, choose the correct results from this policy.

Suppose technology stops changing. Explain the impact on economic growth. Also, provide a scenario where technology would stop changing. 

[BLANK-1] is an American historian who wrote Race and Reunion. In his monograph, this historian made the controversial claim that the South won the American Civil War because the South won the memory of the war. This historian points to Lost Cause Mythology and the legacy of white supremacy in the South as evidence supporting his claim.

[BLANK-1] was a congressman and key figure of Radical Republicanism during Reconstruction. He was an idealist who believed in racial equality and pushed forward many advancements for African Americans during this period. There were limits to his efforts, however, as his land redistribution bill failed to come to a vote in congress.

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