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Professor's Overview of the Final Exam There are no readings this week. Your sole task is to answer the three questions that comprise the final exam for this course. Your answers to each of the three questions should be approximately 2-4 pages long, if it were typed double spaced with normal margins. You will turn in your exam through Turnitin.com. Here are the three questions. 1) This class has focused on low-wage workers (Ehrenreich's co-workers), African-American workers (Mollie, Dorothy), workers in maquilas (Balbina), immigrant workers and farm workers (Coalition of Iimmokalee Workers), workers in visa programs (welders from India), and coerced or slave workers (many examples in the book Nobodies). A theme that seems to connect all these different types of workers is unequal power when an employer and workers like this meet in the job market. Consider different measures that might equalize the power relationship somewhat, and whether they would overall be desirable or undesirable. Give good reasons for your positive or negative position, whichever it is on the measures you are evaluating. 2) In the conclusion to his book Nobodies, John Bowe lays out opposing perspectives on labor in a global marketplace. He argues with a free-market libertarian named Charlie. Charlie believes that virtually everyone is benefiting from our current globalization controlled by business interests: "A rising tide lifts all boats." Bowe thinks Americans are ignorant of what actually happens in much of the world, and that many are being abused, with widespread negative consequences. Who is more right? Argue for whatever side you take, and especially be sure to deal with counter-evidence to your perspective. For example, if you side with Charlie, how do you deal with growing inequality in the world? Or, if you side with Bowe, how do you deal with the lifting of many from incomes from under $1/day to more than $1/day? Whatever your position, make as persuasive a case for it as you can. 3) Apply Anthony Appiah's ethical theory of Cosmopolitanism (available in the syllabus to refer to) and his argument in favor of "contamination" to Mollie's job and its ultimate destination with Balbina Duque in Mexico, and do the same for Saipan. How would he look at these situations, in light of his theory? Do you agree or disagree with him? Why or why not?
Write a paper of no more than 1,700 words that explains how technology has affected your chosen countries nonrenewable resource balance from a global energy perspective.
1. indicate whether each of the following statements is true or false and explain why. do not simply give a corrected
1. in the model of a dominant firm assume that the fringe supply curve is given by q -1 0.2p where p is market price
Explain the difference between the demand curve facing the monopoly firm and demand curve facing the perfectly competitive firm.
Airbus and Boeing compete in the market for big airplanes. Presume each produce only one type of airplane and the airplanes are identical. What will be Boeing’s profit if it decides first?
the following questions address some of the price and output decisions faced by firms other than those found in pure
Helen’s preferences over CDs (C) and sandwiches (S) are given by U(S, C) = SC +10(S +C), with MUC=S +10 and MUS= C +10. If the price of a CD is $9 and the price of a sandwich is $3, and Helen can spend a combined total of $30 each day on these goods,..
If banks desire to increase their lending, but the Federal Reserve is not adding reserves to the banking system, what will happen to the level of short term interest rates? Explain your answer carefully.
What is the (1) marginal and (2) average tax rate paid for a firm of taxable income of:
Wiley Coyote is thinking about funding his future roadrunner hunting endeavors. He has found a big pile of gold worth $2,000,000 and is thinking on investing it.
What is the Nash equilibrium in this game ? Is there a first- mover advantage or first-mover disadvantage in this game? Explain, why?
Suppose you are in charge of U.S. fiscal policy. The economy is in recession. Based on what you've learned in this chapter, what would you do? Optional: What factors caused the federal budget to turn from a surplus to an expected deficit in 2002?
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