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Technology, including travel-driven technology, has made the world smaller. It has enabled the rapid exchange of ideas and information, further shrinking the world. This has also led to more porous borders with significant difficulty in ensuring safety and security.
Discuss how geography affects US border security.
Offer realistic and practical recommendations on how the US can balance the right of people to travel vís-a-vís ensuring a secure border.
Assume that output is 1.6% below potential and that the inflation rate is 3.5%. Assume that the Fed has specified the inflation coefficient is á = 0.5 and that the natural real rate of interest is 2%. At what level should the Fed set the federal fund..
Explain why do the Average Variable Cost curve and the Average Total Cost curve become closer as the quantity increases.
Would the effect on aggregate demand be larger if the Bank of Canada took no action in response, or if the Bank were committed to maintaining a fixed interest rate.
A monopolist faces the inverse demand curve P = 22 ? Q/(100z), where z is an index of quality. The monopolist incurs a cost per unit of c = 2 + z^(2). (a) How do increases in product quality z affect demand?
Equilibrium price would decrease, but the impact on equilibrium quantity would be ambiguous. d. Equilibrium quantity would increase, but the impact on equilibrium price would be ambiguous.
Rhonda Hill Rhonda Hill (unmarried) is employed as an office manager at the main office of Carter and Associates CPA firm. Rhonda lives in a home she purchased 20 years ago. Rhonda's older cousin Mabel Wright lives with Rhonda in the home. Mabel is r..
Name a specific event to be expected to cause the equilibrium price of ice cream to increase.
Elucidate the fact that the cross-price elasticity of natural gas with respect to the price of fuel oil.
Identify opportunity cost of increase divestment. What will happen to future production possibilities if investment increases.
Discuss in detail the arguments for and against the minimum wage. Be specific about the position of the economists on the issue. NO graphs and NO math.
"The Assistant Secretary for Time Travel recommends that the bureau choose the socially optimal price, the price necessary for efficient allocation of resources. Which price is required for efficient allocation of resources.
If inflation turns out to be 1% over the life of the loan, what is the real interest rate? Who gains from unexpectedly low inflation, Loretta or Ted?
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