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Keeping in mind that the Guest Worker Visa is a legitimate resource that many agricultural companies use in order to hire Hispanic workers, yet many people blame "illegal Mexicans" for taking American jobs... How fair is it for them to have to put up with hard job conditions, and still be blamed for, yelled at, and stereotyped as an "illegal criminal"? What do you think are some of the causes to this problem and what could be some of the solutions?
Suppose Regions Bank has initially $10 million in reserve, $50 million in securities and a borrowing of $5 million from National Bank. Its total deposit is equal to $50 million. The desired reserve ratio is 10%. Would you recommend any actions for th..
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 present investment according to classical economists.
q1. when output and employment slowed in early 2008 the bush administration and the democratic congress passed a
What are the 4 phases of the business cycle? How long does a business cycle last? What causes each phase?
You are a turnaround artist, specializing in identifying underperforming companies, buying them, improving their performance and stock price, and then selling them. You have found such a prospect, Sicco. What should you bid if you want to maximize yo..
There are only 2 firms in a market facing same demand curve as follows: The marginal cost of each firm are, respectively, Find the profit maximization level of output for both firms. Which firm is more vulnerable in case of aggressive price war betwe..
What is the impact on equilibrium price and quantity if demand or supply or both change? Define full employment? Associated with? How many goals in the 1946 Employment Act? What is the impact on exports and imports of a currency devaluation? Revaluat..
Consider the market for the British pound sterling (GBP). Note that although the United Kingdom (Great Britain) is an official member of the European Union, it has chosen not to adopt the euro as its official currency. An American pharmaceutical firm..
A risk averse individual with a wealth of 156,000 and utility function U(x) = sqrt(x) is considering whether to purchase fire insurance for their home. The probability of a fire is 0.03. Repairing the damage from a fire costs 96,000. A risk neutral i..
As the economy emerged from the most recent recession, household income rose by 6%. Over the same period, total expenditures on beef increased by 3%. Assuming that all other economic variables were held constant,
How agencies involved in the Affordable Care Act compete vertically and horizontally for funding, how do they ensure for ACA?
Irwin is a monopoly seller of specialty bearings. Consider the graph below, which illustrates the demand and marginal revenue curves for Irwin's 30-weight ball bearings, along with the marginal and average total costs of producing bearings:
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