Explain how immigration and trade

Assignment Help Business Economics
Reference no: EM131001899

Explain how immigration and trade may worsen wage inequality, and how college education may mitigate against growing wage inequality.

300 words...........

Reference no: EM131001899

Questions Cloud

Solve for the equilibrium interest rate : Derive the IS equation. (Y = …) (b) Derive the LM equation (Write this as i = …) (c) Solve for equilibrium output (Y). (d) Solve for the equilibrium interest rate. (e) Solve for the values of C, I, and G at equilibrium. (f) Next, allow the real money..
Some medical clinics participate in the testing of drugs : Some medical clinics participate in the testing of drugs that are still in the experimental stage. In such situations the Food and Drug Administration stipulates that the physician must explain to the patient the nature of the drug, its possible bene..
Consider the economy in the short run : Decide if the following statements are TRUE, FALSE, OR UNCERTAIN. Explain your reasoning in each case. Consider the economy in the short run.
Assume all money is held in the form of currency : Assume all money is held in the form of currency. Assume central bank money (H) is initially equal to $100 million. Now suppose the Fed conducts an open market purchase of government bonds equal to $10 million. Explain the effect of this action on:
Explain how immigration and trade : Explain how immigration and trade may worsen wage inequality, and how college education may mitigate against growing wage inequality.
What is the net gain from trade measured in food-units : In the two countries, Techi and Aggi, the costs of all factors of production are constant, the factors are perfect substitutes for each other and thus equally productive (efficient). Currently, before trade, Techi’s residents prefer to produce and co..
Financial burden an anomalous catastrophic event : As our texts indicates, a "loss ratio" can be used to measure an insurer's financial well-being as it reflects the percentage of premiums being used to pay covered losses. Imagine you were the CEO of The Best Insurance Company, Inc. Given what you no..
Suppose the monopolist only sold the goods separately : Consumer A values good 1 at $4,500 and good 2 at $1,500. Consumer B values good 1 at $5,000 and good 2 at $1,000. Costs are zero. Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for good 1 to maximize rev..
What prices will the monopolist charge for good : Consumer A values good 1 at $4,500 and good 2 at $1,500. Consumer B values good 1 at $5,000 and good 2 at $1,000. Costs are zero. Suppose the monopolist only sold the goods separately. What prices will the monopolist charge for good 2 to maximize rev..

Reviews

Write a Review

Business Economics Questions & Answers

  Market for authentic poutine in vancouver is controlled

The market for authentic poutine in Vancouver is controlled by two shops, PierrePoutine (i = P) and Mean Poutine (i = M). The market demand is given by p = 12−q, where p is the price, and q is aggregate output. Both shops produce at constant marginal..

  Discuss the importance of laws and the requirements

Discuss the importance of laws and the requirements to amend them regularly. Cite examples from the perspective of Oman and explain with evidence the importance, advantages and disadvantages of the commercial agreements between Sultanate of Oman and..

  Factors determine a wages of a person

Describe the determinants of varying levels of income. What factors determine a wages of a person

  Illustrate what is loss minimization output level

Illustrate what is the loss minimization output level for the firm. what is the Average profit or loss for the firm. what is the Total profit or loss for the firm.

  Reduce the natural rate of unemployment in the economy

Suppose the world price of cotton rises. The demand for labor among cotton-producing firms in Texas will (increase or decrease). The demand for labor among textile-producing firms in South Carolina for which cotton is an input will (increase or decre..

  Write out the quantity equation of money

Write out the Quantity Equation of Money. What do we mean by the velocity of money? The real GDP in the U.S. grows at a rate of 3% in the long-run. If the QTM holds, by how much should money supply increase so that the long-run inflation rate in the ..

  Cost-push inflation occurs

Cost-push inflation occurs because

  What happens to bond prices-quantities and interest rates

What happens to Bond prices, quantities and interest rates if (Make sure to include the supply and demand graph for bonds for each question :

  Gross domestic product equals

Gross Domestic Product equals $1.2 trillion. If consumption equals $690 billion, investment equals $200 billion, and government spending equals $260 billion, then:

  Calculate the firms expected present value

You are in charge of hiring for the sales department of Nature’s Own chemical company. You are choosing between two workers, a “safe” worker who will produce 250 thousand dollars in sales (net of variable costs) in each of the next four years. Set up..

  Can inflation cause or effect unemployment

What factors can contribute to unemployment? How can technology lead to greater unemployment, or is it a benefit to the economy? Can inflation cause or effect unemployment? How?

  Maximizing revenue operating

"Maximizing Revenue" Operating in a monopolistically competitive market structure and faces the following weekly demand and short-run cost functions:

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