Questions
. Why do you think the Obama administration pursued a trade deal with Korea in 2012?...

. Why do you think the Obama administration pursued a trade deal with Korea in 2012? What were the potential economic and political benefits? What were the potential costs?

2).Is there any evidence that the 2012 free trade deal between the United States and South Korea was a “job killer” as claimed by president Trump?

3). What were the motivations of the Trump administration in renegotiating the 2012 deal?

4). Who benefits from the revised (2018) deal? Who might lose? Does the 2018 deal represent an improvement over that ratified in 2012?

In: Economics

Draw and carefully describe a graph that utilizes the Aggregate Demand/Aggregate Supply model that would illustrate...

Draw and carefully describe a graph that utilizes the Aggregate Demand/Aggregate Supply model that would illustrate the current state of the aggregate economy in the United States as of July 2020. The graph should be clearly labeled and explained in some detail. Include an aggregate demand curve, a short run aggregate supply curve, and a long run aggregate supply curve (LRAS/Potential GDP). Label both axes of the graph. Identify the current price level using the GDP deflator on the verticle axis and the level of real GDP on the horizontal axis (from July 2020).

In: Economics

Based on your understanding of the topic, conduct a research and create a report on the...

Based on your understanding of the topic, conduct a research and create a report on the political battle for universal healthcare in the United States.

Your report should include the following elements:

History of the national healthcare reform starting from the early days struggle for a national health plan to the present day.

Political struggle to pass PPACA.

Political impact of Medicare and Medicaid on the push for universal coverage.

Major issues from the legislative and executive (presidential) perspective. Who were the opponents and supporters?

The politics surrounding the national health insurance agenda and its impact on the PPACA.

In: Nursing

Ross Perot added his memorable “insight” to the debate over the North American Free Trade Agreement...

Ross Perot added his memorable “insight” to the debate over the North American Free Trade Agreement (NAFTA) when he warned that passage of NAFTA would create a “GIANT SUCKING SOUND” as U.S. employers shipped jobs to Mexico, where wages are lower than wages in the United States. As it turned out, many U.S. firms chose NOT to produce in Mexico despite the much lower wages there. Explain why it may not be economically efficient to move production to foreign countries, even ones with substantially lower wages. What about ethical considerations?

In: Economics

write a 250-word summary identifying two major economic strengths and two major weaknesses for your selected...

write a 250-word summary identifying two major economic strengths and two major weaknesses for your selected country. Focus on identifying factors that contribute to the country's overall performance and support the growth of the economy as a whole. For example, has the country grown primarily through export promotion or domestic growth? Finally, point out any significant differences you observe between your selected country and the United States. Use the matrix you have developed and the readings from The Economist to support your analysis. The other country will be Israel

In: Economics

Be sure to address each point in the question and explain your argument carefully. 1. What...

Be sure to address each point in the question and explain your argument carefully.

1. What do you mean by resource allocation effects of tariffs? Why do tariffs create deadweight losses? What are the long-run costs of tariffs?

2. Under Trump administration, the United States imposed high tariffs on imported solar panels and washing machines in the early 2018. It has grown into a full blown “trade war” between the U.S. and China. What is the intended goal of Trump tariffs? What do you think about the consequences of this trade battle?

In: Economics

Refer to the Mini Case on page 496 per the text book, under You're the Economist...

Refer to the Mini Case on page 496 per the text book, under You're the Economist

"Does the Stock Market Crash Cause Recession?"

Answer the following question in no less than 1-2 pages.

- Immediately following the attack on the United States on September 11, 2001, the stock market plunged and many observers predicted recession. Additionally, a similar situation occurred when the housing market bubbled popped in 2008-2009, with another potential recession. Based on both historic impactful events use the consumption and investment functions, and explain these predictions.  

In: Economics

9. Describe how government policy changed from 1900 -2010 with respect to taxes on income and...

9. Describe how government policy changed from 1900 -2010 with respect to taxes on income and on inheritance/estates.
a. As part of your answers, discuss:
i. Overall trends in advanced countries, with specific reference to differences between the early 1900s, the post war period, and the neoliberal period (1980-2015+)
ii. How the United States and Britain differed relative to European countries such as France and Germany.
b. What are the three factors discussed by Piketty that determine inheritance flows? How can it be that inheritance flows are increasing despite the fact that people are living longer?

In: Economics

according to the u.s. bureau of labor statistics, the average weekly earnings of a production worker...

according to the u.s. bureau of labor statistics, the average weekly earnings of a production worker in july 2011 were 657.49. suppose a labor researcher wants to test to determine whether this figure is still accurate today. the researcher randomly selects 55 production workers from across the united states and obtains a representative earnings statement for one week each. the resulting sample average is 671.13. assuming a population standard deviation of 63.90 and a 10% level significance, determine whether the mean weekly earnings of a production worker have changed.

The value of the test statistics is

In: Statistics and Probability

South Carolina has executed 43 inmates since January of 1985. The last execution took place in...

South Carolina has executed 43 inmates since January of 1985. The last execution took place in May of 2011. The method of execution in this state since 1995 has been via lethal injection. However, those sentenced to death prior to 1995 have the option to choose electrocution. The sentencing option of Life in prison without the possibility of parole was passed into law in 1995 as well. Discuss the major issues of capital punishment not only in SC, but throughout the United States. Should capital punishment remain as the ultimate sentence in this state/country? Be specific

In: Psychology