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Question: 1. Show how cohort effects in the immigrant flow affect the interpretation of the cross-sectional age-earnings profiles of immigrants.
2. Describe how the immigrant flow is chosen from the population of the country of origin. Why are some immigrant flows positively selected and other immigrant flows negatively selected?
3. Define the immigration surplus, and discuss how it can be calculated.
How have changes in Employment Insurance changed the income gap between the richest and the poorest Canadians?
In the IS-LM model, does a tax cut shift the IS or the LM curve?
Suppose the number of motor-vehicle fatalities in a city during a week is Poisson distributed, with an average of 8 fatalities per week. What is the probability that 12 fatalities occur in a specific week?
Explain the main arguments in favor of economic stabilization during recessions. Explain why policy lags could make stabilization policies counterproductive.
Which of the following is a production decision?
Would a government program that transferred income from the middle class to both the poor and the rich be supported by someone with the maxima social welfare.
Suppose you see a 2010 Volkswagen Jetta GLS Turbo Sedan advertised in the campus newspaper for $10,000. If you knew the car was reliable, you would be willing to pay $12,000 for it. If you knew the car was unreliable, you would be willing to pay $..
What is the relationship (if any) between production technology (i.e. productivity) and cost ? In your analysis define the various cost structures.
Compare two units, A and B. A has a new cost of $42000, a life expectancy of 14 years. A salvage value of $4000. and annual operating cost of $3000.
Explain why it is possible to interpret a two-part tariff as a two-block-rate tariff. Explain the circumstances under which this equivalency might not hold. Why might a consumer choose to have access and still consume zero units?
The marginal cost of educating a student is a constant $4,000 a year and education creates an external benefit of a constant $2,000 per student per year.
There are three phases of strategic management. (a) Write a strategic plan for anychosen corporation with evaluation of the current status. (b) Write programs, budget, and procedures for strategic implementation for the same corporation.
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