5. How does China’s trade surplus with America put pressure on its currency (the Yuan or RMB) to rise. How does its central bank prevent the Yuan (RMB) from appreciating? Describe the actions and illustrate on a graph. The y-axis should be labelled $ per Yuan. Assume the supply curve of Yuan is perfectly inelastic (vertical)
In: Economics
1.) What does Desmond mean when he describes poverty as multidimensional? Discuss the various dimensions of poverty using examples.
2.) Discuss how the nature of poverty has changed since much of the foundational research on poverty was conducted in the 1980s and 90s.
3.) How do you think poverty should be addressed in
America?
In: Psychology
Read an overview of the Recession of 2007-2009 (Links to an external site.)Links to an external site. from Culture Wars in America. What were the major contributing factors to the crisis? Who do you feel is to blame? Can you see how something like this could happen? Do you predict it will happen again? Why or why not?
In: Finance
5. How does China’s trade surplus with America put pressure on its currency (the Yuan or RMB) to rise. How does its central bank prevent the Yuan (RMB) from appreciating? Describe the actions and illustrate on a graph. The y-axis should be labelled $ per Yuan. Assume the supply curve of Yuan is perfectly inelastic (vertical)
In: Economics
1. What has been the impact of technology and social media on politics, voting, and elections in America?
2. What has been the impact of Trump's "fake news" assault on the news media? Does it undermine the credibility of information provided to the public?
3. What impact did the news media have in driving us into the Iraq War?
In: Economics
Assess the recent trends in direct foreign investment (DFI) abroad by U.S. firms. Compare the DFI in the United Kingdom with the DFI in France in the last five years. Offer a possible reason for the large difference.
Based on the recent trends in DFI, are U.S. based MNCs pursuing opportunities in Asia? In Eastern Europe? In Latin America? Explain in detail.
In: Economics
QUESTION: Last week I gave a statistic from Wikipedia which listed the average weight of a person in North America was 177.9. I don’t think this value is correct. Use our class data to test my claim. Use α=.05.
CLASS DATA:
the average weight of a person is 165.1
the standard deviation is 36.3
In: Statistics and Probability
If the states in North America, Western Europe, and East Asia all were to meet the target of providing 0.7 percent of GNP in foreign assistance, what might the effects be? How much additional aid would be made available? To whom would it likely go? What effects might it have on the recipient states and on economic development overall?
In: Economics
In: Economics
A study determined 35% of Millennials in America have no credit card debt. By assuming p = .35 is a success (no debt), if a random sample of 50 millennials was selected, find the probability that 20 of them have no debt. Use the normal distribution as an approximation to solve this binomial problem.
Compute the approximate probability using the normal distribution. (Round to 2 places).
In: Statistics and Probability