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Ponder this immigration reform: US citizens are given the right to sell their citizenship to whomever they choose at whatever price they can get. Someone who has sold her US citizenship is no longer permitted to remain in the US without an appropriate visa, or to work in the US without an appropriate visa. Someone who has bought US citizenship may live and work in the US and enjoy all the privileges and benefits or US citizenship (as well as being responsible for all the duties). All transactions involving US citizenship have to be recorded by the government (just as deeds and mortgages for real estate are now recorded). Give one argument in favour of this reform. Give one argument against this reform.
Why does the Fed manipulate the money supply ? Why might a price "freeze" help monetary policy to succeed?
Construct a PPF for a country that produces food and video games and faces increasing opportunity costs. Show how the PPF changes given the following events.
Illustrate what is being held constant when a demand curve for a specific product is constructed.
You have just been hired by a company as an economist and strategic planner. Your company has asked you to generate a report explaining the consequences of the market structure in which the company operates. Assume that the market structure is an oli..
Should the Federal Reserve System control the nation's money supply? Defend your position using economic principles.
Assume an open, mixed economy (C + I + G + X = real GDP) and an MPS of .2. Explain if it would be expansionary, contractionary, or useless to the economy to increase government expenditures by $50 billion and also increase taxes by $50 billion.
Illustrate what is marginal product of capital in this situation. What must the saving rate be to achieve the Golden Rule level of capital.
Illustrate what is the unemployment rate. Karen sharpens knives in her spare time for extra income.
The economy is made up of C and I and is currently at full employment. If consumption is $5 trillion while savings is $1 trillion, what is current investment according to the Classical economists? Suppose consumption falls by $500 billion what will h..
A construction company in Kurdistan expects to spend $4,000 two years later, $8,000 three years from now, and $6,250 six years from now. What is the present worth of the planned expenditures if the interest rate remains 11.8% per year? Use standard n..
Define the term innovation. Then, research what you think is an example of an innovative product or service. Include the following within your discussion: What is your product, and why do you feel the product you have selected is innovative within ..
”Most commercial fish species in nearly every ocean and sea are being rapidly depleted in what marine biologists and other specialists warn is evolving into one of the worst ecological disasters of modern times. According to the United Nations, the w..
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