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Primary Task Response: The discussion assignment for this week will be a review of the Key Assignment Design from other students. Your first task is to post your UML Class Design to the discussion area so that other students will be able to review your work. Attach your UML Class Design document to your main discussion post, and include any notes that you feel are appropriate in the post. The purpose of this assignment is to help improve the quality of your Key Assignment.
Respond to Another Student: Review at least 1 other student's Key Assignment Outline and provide meaningful feedback. Refrain from general feedback, such as simply stating "good job." Your feedback to other students is most helpful if you not only point out weak areas but also offer suggestions for improvement. The best feedback takes a 3-stage approach to identify what was done well, weaknesses, and areas for improvement.
Assume that the labor demand equation for a fictional country is Ld = 90 – 2w, where w is the wage per hour worked. Assume also that the labor supply equation for that country is Ls = 0.5(w). If the supply of workers increased, the number of unemploy..
Why would China want its own currency to be undervalued relative to the U.S. dollar? How does china maintain an undervalue currency?
Suppose U.S. Steel has a steel factory on the Monongahela River in Southwestern PA. Suppose further that steel is sold in a competitive market at a price of $5 per unit. The private marginal cost of steel production is MC(s) = 2 + 0.5s. What is the p..
Suppose now that the monopoly can offer a menu of different quality levels at different prices. Find the profit maximizing menu that the monopoly will offer in each of the two cases considered in part (a) above.
What is a country’s production possibility frontier and how can it be used to think about the benefits of globalization? Set out two reasons for increased globalization in recent decades? Siglitz argues that globalization has “asymmetric” effects on ..
Provide one quote and its context for both a positive and normative statement. Evaluate the statement choices of your fellow students.
The Fed has decided that a slow rise in the Federal funds rate is likely the correct approach to balancing risks of holding inflation to around 2% per year while maintaining enough growth in GDP and labor markets to achieve and stay at full employmen..
Illustrate what will the level of output and price in the long run if this industry were perfectly competitive.
Assume the model Y = C + I + G + X - M, where C = a + bYd and Yd=Y - Tx; Tx is exogenous; I = f( i but MPI = 0; G = Go and X = Xo; M = Mo + mY; an increase in aggregate income a decrease in aggregate income no change in aggregate income an income cha..
Skyscraper City has a subway system, for which a one-way fare is $1.50. There is pressure on the mayor to reduce the fare by one-third, to $1.00. The mayor is dismayed, thinking that this will mean Skyscraper City is losing one-third of its revenue f..
May be imposed either to raise revenue (revenue tariffs) or to shield domestic producers from foreign competition (protective tariffs).
Identify what FIDO stands for and how 3M puts FIDO into practice. Assess whether FIDO’s approach could work for other companies or if it is unique to 3M and the products they produce. Write three pages on whether 3M’s specific practice of hiring loca..
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