Suppose members of the United States, Mexico, and Canada trade agreement (USMCA) agree to reduce imports of foreign oil and set a price floor for North American oil. Briefly describe the impact this might have for Alberta oil producers, and for Canadian oil consumers. (200 words)
In: Economics
Choose one public policy in United States topic that you think is important for today's society. Make sure it is not too broad, then write a 1 to 2 page essay on whyit is significant. Be sure to explain your policy topic and use facts to support your position.
In: Psychology
What does a U.S. firm setting up operations in Japan need to know about work centrality in that country? How would this information be of value to the multinational? Conversely, what would a Japanese firm need to know about work centrality in the United States? Please explain.
In: Operations Management
In: Economics
Governments often pursue policies that promote exports while limiting imports. What are some of those policies? What about the United States?. In our current time should countries protect and keep needed supplies during a crisis, and is this a national security issue or are countries panicking?
In: Operations Management
In: Operations Management
The Chartered Financial Analyst (CFA) designation is fast becoming a requirement for serious investment professionals. It is an attractive alternative to getting an MBA for students wanting a career in investment. A student of finance is curious to know if a CFA designation is a more lucrative option than an MBA. He collects data on 38 recent CFAs with a mean salary of $138,000 and a standard deviation of $34,000. A sample of 80 MBAs results in a mean salary of $130,000 with a standard deviation of $46,000.
1) Calculate the value of the test statistic. Do not assume that the population variances are equal. (Round all intermediate calculations to at least 4 decimal places and final answer to 3 decimal places.)
2) At the 5% significance level, is a CFA designation more lucrative than an MBA?
In: Statistics and Probability
B. Suppose a 48-year-old salesperson earning $50,000 a year (after taxes) is considering a career move. Specifically, this person – who plans to retire when (s)he turns 62 regardless of job – is thinking about quitting sales work for 2 years to earn an MBA degree. With MBA degree in hand, suppose this person can become an executive and earn $75,000 per year (after taxes). Suppose MBA tuition is $30,000 per year. Suppose the relevant discount rate is 3.5% per year. Based on this information, demonstrate and explain how one could reckon whether or not this change promises to be a good move. You are expected to show how one would set up and perform the calculation(s).
In: Economics
4. A 2017 study showing that the proportion of people with health insurance is higher among people with higher income
a. is an example of positive economics.
b. is an example of normative economics.
c. is an example of qualitative economics.
d. is an example of Australian economics.
5. A study arguing that the United States should adopt a single-payer health system
a. is an example of positive economics.
b. is an example of normative economics.
c. is an example of qualitative economics.
d. is an example of Australian economics.
6. Compared to Canada, France, Germany, Switzerland, and the United Kingdom, the United States
a. had the highest spending per person and the shortest life expectancy in 2016.
b. had the lowest spending per person and the shortest life expectancy in 2016.
c. had the lowest spending per person and the longest life expectancy in 2016.
d. had the highest spending per person and the longest life expectancy in 2016.
7. Rational decision making involves
a. choosing the cheapest option.
b. choosing the highest-quality option.
c. choosing the option that best helps you realize your goals, given your resources.
d.avoiding choices that involve scarce resources.
In: Economics
Part 1
The United States' economy is growing at a faster rate than the economy of its trading partner, the United Kingdom. As a result, the rate of American inflation is increasing.
Part 2
The Federal Reserve decreases the money supply in the United States causing interest rates to increase.
In: Economics