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Q1. Explain how immigration between two countries could be an equalizer of wages and economical for both sending and receiving countries. Relate the question to Mexico and the United States of America and use a graph to explain. Discuss the challenges of applying the theoretical concept into practice in the short-term and long-term.
Q2. Suppose the consumption function is C = $400 billion + 0.9Y and the government wants to stimulate the economy. By how much will aggregate demand at current prices shift initially before multiplier effects?
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, what did the hospital cost approximately.
A machine used to cereal boxes dispenses, on the average, ounces per box. What is the largest value.
The manager of a large automobile dealership who wants to learn more about the effectiveness of various discounts offered to customers over the past 14 months
If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.
Can you find a Nash equilibrium in pure strategies that is not efficient. In some legislatures, proposals for modifications of the law are formulated by committees.
Elucidate the marginal revenue from the fourth worker
DHL prides itself on having its own staff of more than 300,000 people spread across the globe, instead of relying on local agents.
Watch the video titled Fear the Boom and Bust. Using the tools of macroeconomics, identify the primary difference between the two philosophies.
Compare the rationale of the Reagan administration for the 1981 tax reductions with the rationale behind the Kennedy-Johnson tax cut of 1964
Expectations and consumer confidence are important in determining fluctuations in aggregate spending. In your opinion, what is the present status of consumer confidence.
Explain the essential distinctions among the stages-of-growth theory of development, the Structural change models of Lewis and Chenery.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
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