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Discuss what could happen if we removed all barriers to immigration into the United Sates. What could be the consequences? If we could let in an extra hundred thousand immigrants every year, should we favor certain immigrants over others? Why?
Jacob Viner originally envisioned a situation where, in the demand/supply graph of a trade-diverting customs union, the demand curve was vertical and all supply curves (including the supply curve of domestic producers) were horizontal.
Calculating the net costs of checking accounts. Determine the annual net cost of these checking accounts:
Jane obtains utility W1/2 from wealth W. Jane has $100, but there is a 25% chance she will require surgery which costs $64. calculate the expected value of Jane's wealth. calculate Jane's expected utility. what is Jane's certainty equivalent?
What would happen to the equilibrium price and quantity of latte´s if coffee shops began using a machine that reduced the amount of labor necessary to produce steamed milk, which is used to make latte´s, and scientists discovered that latte´s cause h..
Explain how would constraints on financial resources vary with private pay, versus Medicare, charity or Medicaid pay as primary revenue streams for your facility.
For a French bakery in the short run, explain, in words and using per-unit cost curves (AFC, AVC, ATC, MC) what would happen to the firms per-unit costs if the bakery decides to install a new ceiling fan in the kitchen, other things remaining constan..
You invested $10,000 on January 1, 2014, at 7 percent interest compounded annually. You have not touched the investment since that date. You are planning to take your money and close out the investment on January 1,2024. If average in?ation is 3.7 pe..
The rule for maximization set forth in the text contradicts some honored traditional principles such as 'never give up' . Anything worth doing is worth doing well, or waste not, want not' explain the contradiction for each of these rules.
Suppose that the weight (x) in pounds of a 30 year old man is a normal random variable with mean 182.9 and standard deviation of 20lbs.
When the government uses fiscal policy to help the economy crowding out occurs because
Sometimes families do not participate in the planned activities. What are some barriers that keep families from volunteering or engaging
During the financial crisis of 2007-2008, the governor of the Bank of Canada expressed concern that the commercial banks were "hoarding" cash rather than extending a more appropriate volume of loans. Why might the banks do this, and what is the impli..
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