Imagine that you here that the expectation for the next year is that the U.S. dollar is going to strengthen against the Euro over the next five to ten years.   You believe in the theory of purchasing power parity, having this in mind explain whether you expect inflation in the United States to be higher or lower on average compared with that in the Euro zone over the abovementioned period.

Imagine that you here that the expectation for the next year is that the U.S. dollar is going to strengthen against the Euro over the next five to ten years.   You believe in the theory of purchasing power parity, having this in mind explain whether you expect inflation in the United States to be higher or lower on average compared with that in the Euro zone over the abovementioned period.

The World Trade Organization (WTO):

1. Suppose that oil prices hit an all-time high of $200 a barrel, driving U.S. inflation up to 7 percent per year. At the same time, weak U.S. growth and increasing foreign competition have generated unacceptably high levels of unemployment in the United States. You are the chair of the Federal Reserve. What do you suggest?

Discuss whether you would advocate for labor unions in Afghanistan to be further strengthened (like in the European countries), OR you would not be in favor of such a policy because its adverse implications on unemployment rate/ wage level and you would rather prefer the United States model where labor unions are small in size. Explain your arguments.

• Briefly describe the types of economic systems. What is the United States’ economic system and what are the characteristics of this economy?
• What economic role or functions does the U.S. government conduct regularly?
• Why is the U.S. government’s economic role important or unimportant for the U.S. economy? Discuss whether you favor a larger or smaller government role in the economy.

Information from the American Institute of Insurance indicates the mean amount of life insurance per household in the United States is $110,000 with a standard deviation of $40,000. Assume the population distribution is normal. A random sample of 100 households is taken.

1. What is the probability that sample mean will be less than $120,000?
2. What is the probability that sample mean will be between $105,000 and $120,000?

Explain how the Tesla Cybertruck program could ramp up over the next few years to take significant market-share. Understanding that Tesla’s cars in the United States take approximately 80% market-share for electric vehicles, what is a reasonable assumption for percent market-share for Tesla to take with their Cybertruck? How long will this take?