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Manufacturers in the US want China to increase the value of the yuan. They say China undervalues their currency making their products cheap, thus undercutting American business. Some believe that this is why Americans are losing jobs. Wal-Mart and other companies believe it is a good thing because it keeps prices low for the products they sells. Discuss whether low yuan value is good for the US because of low prices or if it is costing too many Americans their jobs. You will want to do some research on the subject of currency manipulation for additional information to debate this topic.
Suppose that a pay equity plan has just been put in place in your organization. The pay equity consulting firm did a job evaluation and assigned points to each of the male-dominated and female-dominated jobs.
Assume that when an economy has a GDP of $500, Consumption is $550. The MPC is .75. Investment is 25. Begin the problem by setting up an Income/Consumer. Set up only the first two columns (1) and (2). What is the Break-Even level of Income? What is t..
A consumer has a utility function, donuts (A) and peaches (B) given by u(A,B) = squareroot AB suppose donuts and peaches are priced .25 cents a unit, consumer income I is the unknown. Can you say anything about demand for donuts and peaches?
Write a paper on each of these economic concepts: (1) Demand and Supply, (2) market Failure, (3) Property or Land ownership's, (4) coast Analysis, and (5) Profit Maximization.
q1. assume that the reserve requirement is 25 percent. if a single bank has excess reserves of 500000 explain
Consider the following scenarios and classify the type of unemployment.
If nominal wages rose 1.5% and productivity increased 3% in a given year, we should expect:
In an asymmetric market for used cars, which of the following could be used to avoid a thin market?
Some economists and policymakers argue in favor of replacing the current income tax in the USA with consumption tax. What are your opinions on the issue? How do think such change impacts your income and expenditure pattern? Which tax methods do you p..
Explain how much is the dollar overvalued/undervalued. What do you predict the U.S. real exchange rate with the United Kingdom will be in one year's time.
Two division managers at King Size Manufacturing have been in a long discussion with top management about allocation of capital spending over the next three years. His bonus is based on total sales and he wants a larger bonus for himself and his mana..
To produce a recorded CD, q=1, a firm uses one blank disk, D=1, and the services of a recording machine, M=1, for one hour. Draw an isoquant for this production process. Explain the reason for its shape. (Hours of machine services on the vertical axi..
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