1. Despite thousands of sanctions being placed on Russia from over 30 countries, including the United States, the countr

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

1. Despite thousands of sanctions being placed on Russia from over 30 countries, including the United States, the countr

Post by answerhappygod »

1. Despite thousands of sanctions being placed onRussia from over 30 countries, including the United States, thecountry has seen record profits from oil. How can this be? Andwhat does it have to dowith Elasticity?
2. One alternative proposed by economists, isto tax instead of sanction Russianoil. Why would economists argue thattaxing Russian oil is a superior strategy compared tosanctioning?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”