Discuss about a good-service the united states exports

Assignment Help Macroeconomics
Reference no: EM133207539 , Length: 10 Pages

Assignment:

First Macroeconomic Paper:

Find one or more articles about a good/service the United States exports and a good/service the United States imports. In a well-written paper, explain the following:

  • Discuss what this suggests about the United States' absolute and comparative advantage when it comes to this good/service.
  • Using the concepts of supply and demand, discuss what effect a "Buy American" campaign might have in the market for the imported good.
  • Given what economists have to say about comparative advantage, would such a campaign be good or bad?

Second Macroeconomic Papers Both double space.

From an economic standpoint, evaluate the effect of a minimum wage on the market for low-wage labor. Include the following:

  • Discuss what economic theory predicts will happen
  • Draw a supply and demand graph illustrating the effect of a minimum wage
  • Discuss what elasticity conditions would economic theory prove to be true or false.

Reference no: EM133207539

Questions Cloud

Life lived in full of the northern miner : Listen to Episode 98: Peter Munk retrospective - A life lived in full of The Northern Miner Podcast at sound cloud and respond the following.
What does it mean to be economically sustainable : What does it mean to be economically sustainable? What does it mean to be socially sustainable? What does it mean to be environmentally sustainable?
Describe the shape of the cross section : Search your home for a rectangular prism. Some examples are a cereal box, a CD case, or a coffee table. Measure your prism using appropriate units, such as inch
List at least five benefits of using the discussion method : List at least five benefits of using the discussion method and Identify potential challenges trainers may experience when using the discussion method
Discuss about a good-service the united states exports : Find one or more articles about a good/service the United States exports and a good/service the United States imports.
Discuss the importance of ethics in managerial accounting : Discuss the importance of ethics in managerial accounting. What are the fundamentals of Principles of Ethics
Discuss breach will receive credit : Find a different breach to discuss. The first student to discuss a breach will receive credit for discussing that breach.
Define the initiative and referendum : Define the initiative and referendum. What purpose do each serve? Include the process of how they may be added to the ballot. Provide examples of each.
What do employers need to inform expats : What do employers need to inform expats of working internationally and What is termination? Please explain with an example

Reviews

Write a Review

Macroeconomics Questions & Answers

  Inflation targeting be a good policy

Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment

  In using the taylor rule

In using the Taylor Rule as a guideline for monetary policy, what are the pros and cons of using forecasted values of inflation and output rather than observed values of these variables?

  Describe the present economic crisis situation in europe

Describe the present economic crisis situation in Europe.  Why has it been so difficult for the Europeans to find a solution to this problem?   Comment on what implications the crisis may have for the rest of the world if Europeans are not able to ag..

  Long-term federal government budget problems

Question:. Explain why there are long-term Federal government budget problems. Explain why the base-line forecast of the CBO is misleading.

  Derive and compare demand curve

Question based on Derive and compare demand curve,  Derive Ambrose's demand function for peanuts. How does it compare with Johnny's demand curve for peanuts?

  Problem based on utility function

Problem based on  Utility Function - Problem,  Answer and explain the following using a diagram which is completely labeled.

  Laffer curve : tax rate and tax revenue

Question based on Laffer Curve : Tax Rate and Tax Revenue,  Do raising tax rates necessarily raise tax revenue? What factors affect how tax revenue changes when tax rates change?

  Problem - income elasticity of demand

Problem - Income Elasticity of Demand,  Interpret the following Income Elasticities of Demand (YED) values for the following and state if the good is normal or inferior; YED= +0.5 and YED= -2.5

  Positive balance of payment

Question Positive Balance of Payment: "Things will look good for the US if we could just get to where we are consistently running a positive Balance of Payments."

  Effect of recession on the investment curve

Comment on the effect of a recession on the investment curve (only) and on the level of savings, investment, and the equilibrium real interest rate in the financial crisis that hits United States first starting in fall 2007.

  Affect of falling domestic investment on trade surplus and

How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world.

  Crises in the banking sector and bank run

Banking crises crisis decreases depositors' confidence in the banking system. What would be the effect of a rumor about a banking crisis on checkable deposits in such a country?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd