There are many pros and cons associated with import restrictions. Choose a minimum of two of these measures and discuss what you think the actual pros and cons are of each. Make sure to offer an adequate explanation of whichever restrictions you choose to examine.
In: Economics
Write a paper describing in detail your business interests or career plans and how constitutional law applies to them. Build on what you discussed in your introduction on the first discussion board. Describe in detail what kind of business you want to own/operate or what occupational field you want to work in. Then describe at least three ways in which constitutional law applies to your business/field. For example, suppose your business needs property for its operations. You could explain how the constitutional law concept of eminent domain applies here and how it would effect your business. Think about some of the cases we’ve read and how they apply. One eminent domain case is Kelo v. New London. What type of business would qualify for eminent domain? Would yours? Why or why not? (think about the similarities and differences between your business venture and the business involved in Kelo. What type of business venture would you be involved in? Would it be interstate or intrastate commerce? Which level of government would have some power to regulate your business or industry, based on the commerce distinction? Why? These are some suggested areas to look at; feel free to add/substitute others. If you plan to hire employees, you should look think about the Court’s rulings that relate to racial and gender discrimination. For many students, federalism and commerce will be really important.
I would like to run a an international business buying cars from the United States and ship it to Senegal and sell it. I have to include 3 cases that deal with commerce with commerce and relate it to this
In: Economics
Suppose that your firm produces two products in fixed
proportions, so that if you decide to produce one more unit of X,
your firm must also produce one more unit of Y. If TC = 100 + 3Q
+½Q2 and the demand curves for X and Y are
QX=100-2PX, and
QY=101-PY find the profit maximizing
outputs.
(a) Find the expressions for MR for good X and good Y. (Hint: solve
each demand curve for P, multiply by Q, take the first derivative
with respect to Q to get MR.)
(b) Find the expression for MC.
(c) Find the profit maximizing output.
(d) Find the price of each good.
In: Economics
Inflation for the past several years has been 3% and people believe it will continue to be 3% in the future. The economy starts out at full employment.
a. If a worker earned $20 an hour last year, how large is the raise you would expect the worker to receive in the next year’s contract? (Give a $ amount.)
b. If all workers experience the same percentage wage change, will the AS curve shift up or down? Briefly explain.
c. Will the Fed need to increase or decrease AD to keep the economy at full employment? Briefly explain.
In: Economics
In: Economics
In: Economics
The aggregate supply curve is
a. a schedule showing the relationship between the price level and the quantity of real GDP supplied.
b. usually negatively sloped.
c. unaffected by the prices of inputs such as real wage rates.
d. All of the above are correct.
In: Economics
In at least 4 paragraphs discuss the social and economic costs of heavy reliance on automobiles for transportation. Explain what alternative options policymakers can consider to reduce some of these costs.
In: Economics
1. In at least 4 paragraphs explain what Land Use regulation is and discuss how it can be used to promote segregation and affect the density of residential development.
In: Economics
Why did WWII best reflect the legacy of FDR's New Deal? -Can someone provide an answer with a few short examples?-
In: Economics
according to real bussiness cycle theory what is the source of business cycle?what is the role of fluctuations in the rate of technological change?how do real gdp and price level change if the forecast of inflation is incorrect
In: Economics
Health Econ Question: How do hospitals and physicians contribute to the rising costs of health care?
In: Economics
In: Economics
In: Economics
Why FOMC is important?
What does FOMC do?
Can the Fed control over the federal funds rate and over bank reserves simultaneously?
In: Economics