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Will there be a continued decline in immigration of people from Mexico to the United States in future years because of the NAFTA agreement, or will the immigration decline (or potential increase) be due to factors that are not tied to NAFTA?
Suppose that in a day a worker in the United States can produce 10 bushels of corn or 2 shirts. In Russia a worker can produce 9 bushels of corn or 3 shirts in one day. Which of the following would benefit both the United States and Russia if trade o..
Which is true in the aggregate supply / aggregate demand model? Contractionary fiscal policy would consist of. An inflationary gap occurs when.
What are your views on nationalization of geo-resources that a country views as its national assets, that a private foreign company also views as its private assets?
Based on the other examples of SEZs that we have read about, what are the pros and cons of this policy for various stakeholders?
You are in a meeting to discuss two possible acquisitions. The discussion of one results in considerable debate. One group presents credible arguments that the purchase encompasses the possibility of significantly larger profits after the acquisition..
Most economists A. apply the assumption that people behave as if they act rationally with an aim to maximize utility. B. apply the assumption that people rarely behave as if they act rationally although they do aim to maximize utility. C. rely on see..
An inspector selects 110 items at random from the assembly line. Approximate the probability that exactly 3 defectives are selected.
Briefly explain the meaning of f test why do you think this test is considered to be more important in multiple regression analysis than it is in simple regression analysis.
An engineering firm estimates that its cost for employer sponsored health insurance will be $750,000 next year and increase at 11% per year for the next 8 years. The company CFO wants to budget a uniform amount each year to cover these costs. If the ..
What is the marginal revenue of a firm that sells a product at the price of $15 and the price elasticity of demand for the product is -2? What is the price elasticity of demand of a firm that sells a product for $20 and marginal revenue is $12?
Determine if each of the following value functions is loss averse. (a) v(x) = 0.25x for x > 0 and v(x) = 0.5 for x ≤ 0 (b) v(x) = √x for x > 0 and v(x) = 0.5x for x ≤ 0 (c) v(x) = ex for x > 0 and v(x) = −√−x for x ≤ 0 (d) v(x) = √x for x > 0 and..
How does price issues effect minimum wages/ unemployment? The pros and cons. How does supply and demand affect minimum wages/ unemployment? The pros and cons. How does antitrust isses play a role in minimum wage/ unemployment?
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