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How would increase immigration from Mexico likely to affect
(a) U.S. workers in English-intensive jobs,
(b) U.S. workers in non-English-intensive jobs,
(c) U.S. capitalists and landowners,
(d) Mexican immigrants, and
(e) Mexicans who stay in Mexico? Why?
Detail the effects of discretionary fiscal policies, the various policy levers, the impact of crowding out, time lags, and automatic stabilizer.
Illustrate what emissions fee should be imposed to achieve the cost-effective outcome. How much would each firm pay in taxes.
A company is considering replacing a painting machine purchased 9 years ago for $700,000. It has a market value today of $40,000. The unit costs $350,000 annually to operate and maintain. Analyze this using an EUAC measure and a MARR of 20% to perfor..
You just graduated from Engineering and have found a good job. However, fifteen (15) months ago you found yourself in a financial difficulty and had to borrow $3,000 from a high lending company (a “loan shark”) who charged 18%, compounded monthly for..
Measuring performance: If public opinion surveys show that the majority of Americans regard inflation as a more serious threat than unemployment:
Assume a product as a reliability represented by an exponential distribution with beta = 75 (weeks). What is the 50% life expectancy e.g. the length of time where the reliability = 50%?
John has the utility function U = Min{x,y}. The price of x is 1, the price of y is 1, and his income is 50. a) Find John’s optimal bundle. b) Suppose now there is a discount for the first 20 units of x John buys such that px=0.5 for those first 20 un..
When derivative contracts on standardized and traded on an exchange:
Explain the Mutiplier Effect. Try to explain it in some detail so that someone who did not know anything about economics would be able to gain a fundamental understanding of it. Use a visual aid to help the observer understand the concept.
a. What is her total revenue? Explain b. What are her accounting profits? Show your steps leading to your answer
Be able to write a brief overview of global currency market structure. Be able to discuss a range of arbitrage issues as they relate to currency markets. Discuss the importance of exchange rate forecasting for hedging currency exposure.
What do economists mean when they say markets are mutually interdependent? Give an example to support your explanation
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