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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?
Illustrate what is Fast Food's elasticity of demand. What does elastic, inelastic, or neither tell us about the elasticity of demand.
How do the instruments of contraction monetary policy work in principle.
Explain why is the usa called a democratic federal republic and how is our organization of government different than the canadian, israeli, japanese or french democracies.
She tells her friend that the additional utility she would get from the second pair of sneakers is the same as the additional utility she would get from the fifth sweater.
Consider the case of a day trader who looks only at the past history of stock prices in conducting his or her trades. How likely would it be for such a person to beat the market? What does this suggest about investing in the "entire market
EXplain how does a decrease in foreign price levels affect domestic aggregate expenditures and demand.
expected profit from machine decreases. Rental cost/user cost of capital will decrease when: real interest rate falls. This fully anticipated monetary expansion will cause which of following to occur.
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
Determine the minimum average cost of the firm with these different order sizes.
Illustrate what role did the policies of various governments play in the influencing the international expansion strategies of both McDonald's and Wal-Mart.
Explain by how much did GDP increase in 2007 and 2008 because of these transactions.
Explain why general level of wages is high in United States and or industrially advanced countries.
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