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In the last two decades, the United States has been subject to very large increases in the immigration of undocumented workers from Mexico, most of them low-skilled, and the government has considered ways to reduce the flow. One policy is to impose larger financial penalties on employers who are discovered to have hired undocumented immigrants. a) What effect would this policy have on the employment of low-skilled undocumented immigrants? b) What effect would it have on the demand for high-skilled “native” labor?
How would you HONESTLY describe the primary "media outlets" upon which you rely (the primary sources upon which you rely for your information
Fiscal policy is most effective in a fixed-rate system when capital is perfectly mobile because there is no domestic “crowding out.” Explain what is meant by the term “crowding out,” and then critically evaluate the previous statement using the IS/LM..
Consider a firm in some foreign country producing a good as a monopoly. Its export demand function is given by Q=40- .5p. Its Total Cost function is given by TC=150+8Q, a) Determine its provit maximizing level of exports, and the export price the fir..
assuming economy is in a long run equilibrium, show fraction of total output earned by labour and fraction of total output earned by capital. Explain why, in long run, firms make zero economic profits in this economy.
Using the Library, the Internet, and your course materials, briefly define and explain dynamic pricing. Select a company that uses (or has used) dynamic pricing and respond to the following questions
Which of the following taxes contributed the greatest percentage of total federal government tax revenues in recent years.
Imagine working at the Trading Desk at the New York Fed. Explain whether you would conduct open market purchases or sales in response to each of the following events. Justify your recommendation.
q. clarke mementos manufactures small figurines that they sell to retailers around the country. clarke sells the
Given a constant job separation rate of 2% and a job finding rate of 33%, what is the natural rate of unemployment according to the bathtub model of unemployment?
The price elasticity of demand for mopeds, in absolute value, is 0.5, by what percentage will the quantity of mopeds demanded increase if the prices fall by 10%?
Fifth Problem Earl sells lemonade in a competitive market on a busy street corner in Philadelphia. His production function is f(x1, x2) = x 1/3 1 x 1/3 2 , where output is measured in gallons, x1 is the number of pounds of lemons he uses, and x2 is t..
As reserve requirement increases, money creation increase. The money value and price level are in inverse relation. The nominal interest rate is related to inflation. An inflation tax is tax put onto inflation. Government expenditure belongs to the a..
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