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Question: Given the evidence presented in this class so far, suggest some policies that might help address the racial wage gap. Furthermore, explain, specifically, the mechanisms through which your suggested policies may help. You can also discuss why particular policies may work better or worse in different contexts.
If the government imposes consumption tax on the good that raised prices by $1, by how much will the consumer's surplus change? Show the relationship between EV, CV, and consumer surplus using compensated and uncompensated demand curves. If you your..
What value of government expenditures would make national saving equal 1000?
Analyse and evaluate the argument presented in the article and the methodology used by the authors to examine the effects of inward FDI on local productivity. How far do their conclusions confirm or change any prior views you might have had based ..
1. Explain why the real exchange rate never changes under the theory of purchasing power parity? 2. What governs the behavior of nominal exchange rates under PPP?
A purely competitive firm's output is such that its marginal cost is $4 and marginal revenue is $5. Hint: remember that MR = P for Pure Competition and the Profit Maximizing rule. Assuming profit maximization, the firm should
Find the probability limits of W1 and W2. State whether these estimators are consistent or inconsistent. Find Var(W1) and Var(W2). Argue that W1 is a better estimator than Y if ? is "close" to zero for any value of n. (Hint: Compare the Mean Square ..
Compute the expected return, standard deviation, and value at risk for each of the following investments: Investment (A): Pays $100 three-fourths of the time and a $140 loss otherwise.
suppose the consumtion function is c 500 billion 0.9y and the government wants to stimulate the economy. by how much
At a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply. In the short run, a price increase from $1 to $2 is unit-elastic (Es = 1.0). So how many popsicles will be sold each day i..
What trends do you see in the data sets
Roller manufacturing is relatively simple, requiring only labor and a machine that cuts and crimps rollers. As you begin reviewing the company's production information, you learn that labor is paid $8 per hour and the last worker hired produced 10..
Because the United States has an unemployment compensation program that provides income for those out of work, why should we worry about unemployment?
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