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Discussion Question
A union was having a dispute with a business. As part of a protest by the union, several members displayed a ten-foot-tall inflatable rat-shaped balloon on the sidewalk in front of the business. The City issued a ticket to the union because the balloon violated a city ordinance about signs. The ordinance read "balloon signs and other inflated signs (except grand opening signs) used for the purpose of attracting attention of the public are prohibited."
The Union refused to pay the fine and appealed the ticket claiming this violated their first amendment right.
Questions:
Would the question of constitutionality of this statute be evaluated under a rational basis, intermediate scrutiny or strict scrutiny test? Why?
Using that test, do you believe this law is constitutional? Why or why not?
Suppose that autonomous consumption increases but that, unlike the situation in the simple Keynesian model of this chapter, some of this autonomous consumption increase is spent on imports (say an amount equal to MPM times the autonomous consumption ..
Show graphically slutsky and hicks decomposition when price of x increases for normal good, inferior good (ordinary ) and giffen good. Label your graphs properly and label income effect and substitution effect in your graph. Derive the marshallian de..
A successful man make a donation to his Sister for building a new store and upgrading shops, as well as for establishing a store fund. The donation is planned to be spent as follows: $200,000 each year for the first three years, $250,000 each year fo..
In the unit lesson for this module, it is suggested that all things in trade are not equal. How would you help disadvantaged countries to find better equality for them in our world trade system? Please consider the Hecksher-Ohlin model when answering..
The value of the action The cost of the action The difference between the benefit and the cost of the action
The bank you are going to get the mortgage from uses a 28% qualifying rate. How much will you need to put down in order to buy this house?
Suppose that international markets expect inflation to average 1.7% in germany for the foreseeable future, and U.S. inflation is expected to average 1.5%. Based on that information one should expect the dollar to:
Suppose you had an initial price of 32. Using the midpoint formula for the elasticity of demand, you determine that demand is unit elastic. What was the new price?
What can be said about the benefits and problems of each dimension (economic, cultural, political and environmental) of globalization? Is globalization a positive force overall?
The prices that people are willing to pay for goods and services mostly depend on:
Now, imagine you are the CEO of a U.S.-based organization. How will the U.S. government’s decision of replacing GDP with GNH affect your organizational strategies? How will your focus on employee engagement change?
Demand Determinants: a. Each individual determinant analyzed for your situation, with examples applicable to your situation and research 2 points each)showing current demand data or most recent past data, except for the expectations determinant in wh..
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