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Explain the AHCA's replacement for Obamacare's "individual mandate". How does it work? Explain why some people think it is too weak to make healthy people buy insurance.
Out of the four motives of MNCs (in their foreign direct investment decisions), explain how each motive affects the volume of intra-firm trade among affiliated firms (say trade between parent to affiliate firm in another country)
Which of the following describes the expected outcome of expansionary monetary policy in the short run?
How to Restore Participating and Self-Support to Free Enterprise (Harvard University Press, 197), economist Edmund Phelps offers this plan to help the working poor: apply tax credits for “qualified employers” or hire disadvantaged people for “eligibl..
Consider a game in which a coin will be flipped three times. For each heads you will be paid $100. Assume that the coin comes up heads with probability 4/5. Construct a table of the possibilities and probabilities in this game. Possibilities Probabil..
A country which does not tax cigarettes is considering the introduction of a $0.40 per pack tax. The economic advisors to the country estimate the supply and demand curves for cigarettes as: QD = 140,000-25,000P QS = 20,000 + 75,000P, What are the eq..
For each of the following transactions, how much does US GDP increase? And how much, if at all, do consumption, investment, government purchases and net exports change? Peter Rich buys a 1928 painting by Pablo Picasso at an auction for $1 Million. In..
You own a pizza shop and you use both labor and capital to make your pizzas. Currently the marginal product of labor is 5 pizzas per hour, while the marginal product of you capital is 2 pizzas per hour. You pay your labor $10 per hour, and your capit..
Describe the impact of a payroll tax on wages and employment in a competitive industry. Why is part of the tax shifted to workers? What is the deadweight loss of the payroll tax?
collect information on the supply chain design adopted by Nike for the chosen product. Analyze the information and write a 2- to 3-page report in a Microsoft Word document, addressing the following: What are the salient characteristics of the design?..
A recent report by the Centers for Disease Control looked at the relationship between the price of beer and the incidence of new cases of STD’s. The report concluded that a beer tax increase of $.20 could reduce overall STD rates by 8.9%. Assume tha..
Discuss the concept of competitive advantage and how important it is to a small business. Identify and describe some competitive advantages a small business can build. One dictionary defines "sustainable" as “to keep up or keep going and an action or..
Write an algorithm that adds up a sequence of twenty numbers and outputs the sum of the numbers as well as the average of the numbers.
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