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1. If the United States raises tariffs enough to reduce its imports by $10 billion, what are likely to be the employment effects of this action? Discuss, considering as many aspects of this issue as you can.
2. "Higher tariffs don't increase employment; they just redistribute the unemployed." Do you agree? Explain.
Use this approach to discuss the convexity of the indifference curves for the following three functions.
What happens if you estimate the wage regression similar to (10.12) in a world in which the source of disparity in schooling is differences in discount rates across individuals?
A group of venture investors is considering putting money into Lemma Books, which wants to produce a new reader for electronic books. The variable cost per unit is estimated at $250, the sales price would be set at twice the VC/unit, or $500
A chi-square "goodness-of-fit" analysis of arrival rates for the past months indicates a Poisson distribution. Data on unloading times for this period may be assumed to follow a negative exponential distribution.
Should the firm continue to operate in the short run, or should it shut down? Explain.
You are going to buy a milling machine for your company. The company borrows money to make the purchase and the loan terms are 9% per year, compounded monthly while making quarterly payments for 10 years.
Discuss ways that a buying spree like that of Mr Van der Hoeven can create problems for the group auditor?
Fit an earnings function using your EAEF data set, taking EARNINGS as the dependent variable and S, ASVABC, and MALE as the explanatory variables, and perform a Goldfeld-Quandt test for heteroscedasticity in the S dimension. (Remember to sort the ..
Suppose that the government taxes (at the new set of prices P'x = 1, P'y = 2 ) the consumer an extra 1/2 dollar for each unit of x he buys beyond 70 units. That is no tax for x =70.
Why are some of the potential benefits of urbanization lost when congestion becomes substantial? What policies are likely to strengthen or weaken the opportunities to take advantage of the economic benefits of cities?
DaimlerChrysler has asked your company and your only rival to simultaneously submit a price quote for supplying 100,000 front and rear windshields for its new Jeep Liberty. If both you and your rival submit a low price.
What do you view as the top two challenges for a supply chain leader in creating and advancing a successful supply chain? What levers are available to overcome or eliminate the challenges presented?
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