5. World Trade In a Global Crisis – (20 pts.) Answer in one paragraph.

a) During this pandemic, does the law of comparative advantage still apply to trade?

b) During this crisis, what has happened to the value of the US dollar on world markets? What are the advantages and disadvantages of this in terms of the trade deficit and foreign travel?  Describe how you would show this trend on a foreign exchange graph.

c) Prior to the pandemic, the US and China were involved in a trade war. In an effort to reduce its trade deficit, the United States decided to slap tariffs on imported steel. Prior to the tariff, Chinese imported steel sold for less than the US domestic price.   Who wins and who loses because of the tariff?

7.5 The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in the manufacturing sector. The hourly wage was $30.67 for Switzerland, $20.20 for Japan, and $23.82 for the U.S. Assume that in all three countries, the standard deviation of hourly labor rates is $3.00.

a. Suppose 37 manufacturing workers are selected randomly from across Switzerland and asked what their hourly wage is. What is the probability that the sample average will be between $30.00 and $31.00?

b. Suppose 35 manufacturing workers are selected randomly from across Japan. What is the probability that the sample average will exceed $21.00?

c. Suppose 48 manufacturing workers are selected randomly from across the United States. What is the probability that the sample average will be less than $22.85?

The U.S. Bureau of Labor Statistics released hourly wage figures for various countries for workers in the manufacturing sector. The hourly wage was $30.67 for Switzerland, $20.20 for Japan, and $23.82 for the U.S. Assume that in all three countries, the standard deviation of hourly labor rates is $4.00.

a. Suppose 42 manufacturing workers are selected randomly from across Switzerland and asked what their hourly wage is. What is the probability that the sample average will be between $30.00 and $31.00?
b. Suppose 34 manufacturing workers are selected randomly from across Japan. What is the probability that the sample average will exceed $21.00?
c. Suppose 49 manufacturing workers are selected randomly from across the United States. What is the probability that the sample average will be less than $22.75?

Length of Stay ~ Health insurers and federal government are both putting pressure on hospitals to shorten the average length of stay (LOS) of their patients. The average LOS for women is 4.5774 days according to Statistical Abstract of the United States: 2005.

A first study conducted on a random sample of 18 hospitals in Michigan had a mean LOS for women of 3.8911 days and a standard deviation of 1.2279 days.

A medical researcher wants to determine if the mean LOS for women in Michigan is less than 4.5774 days. The null and alternative hypothesis are given by

H0: μ = 4.5774 u< 2.5774

Note: Numbers are randomized for each instance of this question. Use the numbers given above.

What is the estimated effect size dˆ? Give your answer to 4 decimal places.

According to a recent Current Population Reports, the population distribution of number of years of education for self-employed individuals in the United States has a mean of 12.8 and a standard deviation of 3.4.

(a) Find the mean and standard deviation of the sampling distribution of for a random sample of size 107. Mean = 12.8 Standard Deviation = 0.328

(c) Find the mean and standard deviation of the sampling distribution of for a random sample of size 397. Mean = 12.8 Standard Deviation = 0.170

(e) If a sample of size 397 is selected from this population, what is the probability that the sample average will be less than 13.1?

probability = ??

I think I have the right answers, except for (e). I have no idea how to do that, so a little help would be appreciated. Thank you!

Suppose you are on the Board of Governors of the Federal Reserve System of the United States (US) economy and are reviewing the following hypothetical economic data in 2019-2020: Real GDP per capita growth rate = 3.1% Unemployment rate = 3.2% Inflation rate = 5.3%

a.Determine what phase of the business cycle the US economy is likely to be experiencing in 2019-2020. Provide specific reasons for your answer

b. Use a well-labelled AD/AS diagram to show the position of this economy in 2019-2020. Explain whether the US government should use expansionary or contractionary monetary policy to move the economy back to the long run, fullemployment GDP equilibrium. Draw the AD curve shift(s) associated with this policy change on your diagram.

As you have learned in your examination of Healthy People 2020, the population in the United States is growing in diversity. Within the context of diversity, nurses need to recognize that dominant and variant cultural patterns will exist within the society. Health disparities are closely linked with social, economic, and environmental disadvantage. When caring for patients, nurses need to be aware of similarities and differences among the diverse patient care population. Please answer the following questions.

1. Consider the ways in which culture and ethnicity affect health. Which factors are modifiable? For which factors can nurses have an impact?

2. In addition to poor access, health care providers frequently contribute to the problem of health disparities. How can nurses avoid contributing to these disparities?

A female patient diagnosed with active tuberculosis wants to be discharged from the hospital after receiving one week of the required multiple drug regimen. Her condition has been improving and she is considered medically stable. The patient, her husband, and children recently immigrated to the United States from Bangladesh. They have no family or friends to assist them. Her husband recently started a job and needs her to come home to care for their 4-year-old twin boys or he will be fired.   

Craft an initial post that addresses:

What ethical concerns should the nurse consider?
What interventions need to be in place prior to discharge to prevent transmission of tuberculosis to her family and the public?
Provide a detailed education plan for discharge.

The country of Manhattan has an overall population of 5000. The population includes 500 people who are under the age of 16, 100 who are institutionalized, and 200 in jail and 300 in the military. Five hundred people are retired and do not work, while 600 are full time students. The total number of people who are working full time and part time is 2500. Out of the remaining population half of them have been looking for work within the last four weeks.

1. 1. What is the unemployment rate?
   2. The United States signs a new trade agreement with Maxico that leads to 300 individuals losing their jobs. What type of unemployment? Has the rate of unemployment changed? If so, what is the new rate? .
   3. What is required for the 300 individuals to become employed?