a. “Industrialised countries such as the United States of America, Germany, France and the United Kingdom dominate world trade.” Can you relate this statement with one of the recent theories/models of international trade which predicts that more trade will take place between similar countries? What assumptions of the factor proportions model does this theory violate? Explain your answers.
In: Economics
Which of the following would cause the demand curve to shift from Demand C to Demand A in the market for tennis balls in the United States?
Group of answer choices
an expectation by buyers that their incomes will increase in the very near future
a decrease in the price of tennis racquets
an increase in the price of tennis balls
a decrease in the number of people in the United States under age 70
In: Economics
What is the non-profit sector and what is it's importance in the United States? What is the present size and scope? List 3-5 key trends in the non-profit sector that have changed in the last decade. What are the present recommendations on key policy issues for the non-profit sector to continue to strengthen its impact on key issues in the United States?
In: Economics
Franklin’s famous phrase that the United States was “a Republic, Madam, if you can keep it” suggests that citizens have a key role in sustaining American democracy. Have American citizens “kept the republic”? Would Franklin argue that we have succeeded in this effort? Why or why not? What do you think is the government's role in helping the United States "keep the republic"?
In: Economics
Franklin’s famous phrase that the United States was “a Republic, Madam, if you can keep it” suggests that citizens have a key role in sustaining American democracy. Have American citizens “kept the republic”? Would Franklin argue that we have succeeded in this effort? Why or why not? What do you think is the government's role in helping the United States "keep the republic"?
In: Economics
Many service-sector jobs in the United States have moved to other countries where these jobs are done at a fraction of the cost. The outsourcing of jobs overseas is heavily debated by politicians, policymakers, and economists in the United States. Based on your understanding of trade and the benefits and losses from trade, how do you think outsourcing affects social surplus in the domestic economy?
In: Economics
Explain how the body reacts to the foreign material causing Malaria. Does it use innate immunity or adaptive immunity to fight it off? Is it active or passive immunity? How does the immune response work? What is the death rate for the disease in Africa versus the United States? Is there a vaccine for the disease? If so, is it frequently used in Africa? Is the vaccine used in the United States?
In: Nursing
5. Critical analysis Q5
Suppose the economy is currently in long-run, full-employment equilibrium. Assume that expected inflation is 0% in the short run.
An unanticipated decrease in the money supply in the United States will ________ (increase, decrease, not affect) employment in the short run.
A sustained decrease in the money supply in the United States will ________ (increase, not affect, decrease) real output in the long run.
In: Economics
A research center claims that more than 55% of U.S. adults think that it is essential that the United States continue to be a world leader in space exploration. In a random sample of 25 U.S. adults, 64% think that it is essential that the United States continue to be a world leader in space exploration. At a = 0.01, is there enough evidence to support the center’s claim? (Adapted from Pew Research Center)
In: Statistics and Probability
According to a recent report, a sample of 360 one-year-old baby boys in the United States had a mean weight of 25.5 pounds. Assume the population standard deviation is =σ5.1 pounds.Construct a 99.5% confidence interval for the mean weight of all one-year-old baby boys in the United States. Round the answer to at least one decimal place.
In: Statistics and Probability