Please use the economics knowledge you have learned so far to analyze the case below. You can propose your own questions and then answer them. Remember, there is no absolutely correct answer to this exercise. Its purpose is to provide you an opportunity to demonstrate your ability to think like an economist by applying economic principles to interpret the logic of a real-world phenomenon.

Will Economic Reforms in Mexico Boost Economic Growth?

More than 18,000 U.S. companies, including Fortune 500 firms, have operations in Mexico. Proximity is to the United States is an advantage of doing business in Mexico but investing in Mexico is risky because of the presence of crime and corruption. The Mexican government has failed to fully establish the rule of law, which is critical for the long-term prospects of the Mexican economy. Mexican entrepreneurs also suffer from problems in the banking industry that make it difficult to obtain the funding needed to finance expansion

32. Dumping means selling goods in a foreign market at lower prices than those charged in the home market.

True

False

33. A large tax cut in the United States should lead to an increase in the trade deficit.

True

False

34.If you have a checking account at Citibank, the account is a liability of the bank.

True

False

35. A store of value is the function of money when used to transfer purchasing power to the future.

True

False

36. If the Fed sells $5 million in government bonds, how much will the money supply change?

37. If a country begins to import more of a commodity, one can normally expect the price of the commodity to

What is a strong and clear thesis statement about poverty in the US?

Here is my intro to my essay but not sure if thesis (last sentence is good)

Poverty is about not having enough money to meet basic needs such as food, clothing and shelter. However, poverty is much more than just not having enough money. It can be not having a job that pays more than minimum wage, those living under a single parent household, or those whose head of the household is unemployed. It is fear for the future and basically living one day at a time or paycheck to paycheck. Not to mention, when poor people are excluded or labeled as being a certain way or having certain negative tendencies within a society, in the end it can lead to damaging consequences for society. In other words, we all pay the price for poverty. Something needs to be done to help the poor get out of poverty and improve our economy and society in the United States.

(PPP in China) The International Comparison Program (ICP) reported a price level index (PLI) for China of 42 in 2005 and 54 in 2011. Recall that, by construction, the PLI for the United States is always 100. 1. Find the percent change in the Yuan-dollar real exchange rate between 2005 and 2011. 2. In 2005 the size of the Chinese economy, at PPP exchange rates, was 43 percent that of the U.S. economy. Ignoring growth in physical output, find the size of the Chinese economy, at 2011 PPP exchange rates, relative to that of the U.S. economy. 3. Suppose instead that all of the observed real appreciation of the yuan was due to the imposition of import tariffs by China. Assume that in the U.S. and China the price level is given by P = Pγ XP1−γ M , where γ = 0.5, PX and PM denote export and import prices, respectively, and that absent tariffs the law of one price holds. Find the size of the import tariff.

1.Which nation has a higher rate of imprisonment than any other nation in the world?

2.The process through which prisoners who appear to have reformed themselves can earn an early release from their prison sentence is called

Aldi, a discount supermarket retailer, has grown from its German base to the rest of Europe, Australia, and the United States by replicating a simple business format. Aldi limits the number of products (SKUs in the grocery business) in each category to ensure product turn, to ease stocking shelves, and to increase its power over suppliers. It also sells mostly private-label products to minimize cost. It has small, efficient, and simply designed stores. It offers limited services and expects customers to bring their own bags and bag their own groceries. As a result, Aldi can offer its products at prices 40 percent lower than competing supermarkets. (350 words)

1. Identify and critically discuss the business level strategy adopted by Aldi to outperform rivals and achieve competitive advantage.
2. Explain the potential pitfalls of Aldi’s strategy and how it can improve company competitive position vis-à-vis the five forces.

true or false

7) A challenge with all of the data sources available today is that so much data is now available, it requires people with the knowledge to properly synthesize and analyze the correct data, or else the models produced will not properly answer the question trying to be asked.   True: _____ False: _____

8) The Emergency Locator Transmitter activates and sends out a pinging signal making it easier to find wreckage in the case of an accident. However, there are still limitations in the technology as the battery typically only is designed to last a few days at best.   
True: _____ False: _____

9) Despite ICAO embracing a liberalization of skies, in Doc 9626, the organization still hesitates to promote the idea of a “flag of convenience” the same way they are used in the shipping and cruise industries “in order to ensure an orderly economic regulatory regime.”   True: _____ False: _____

10) The FAA has lost the battle over control of Commercial Space policy because of the new creation of the United States Space Force.   True: _____ False: _____

Roderick Cardwell owns Ticketworld, which sells tickets to entertainment and sporting events to be held at locations throughout the United States. Ticketworld's Massachusetts office sold tickets to an event in Connecticut to Mary Lou Lupovitch, a Connecticut resident, for 125$ per ticket, although each ticket had a fixed price of 32.50$. There was no aagreement that Ticketworld would bear the risk of loss until the tickets were delivered to a specific location. Ticketworld gave the tickets to a carrier in Massachusetts who delivered the tickets to Lupovitch in Connecticut. The state of Connecticut brouht action against Cardell in a Connecticut state court, charging part a violation of a state statute that prohibited the sale of a ticket for more than 3# over its fixed price. Cardwell contended in part that the statute did not apply because the sale of Lupovitch involved a shipment contract that was formed outside the state. Is Cardwell correct? How will the court rule? Why?

1. Roderick Cardwell owns Ticketworld, which sells tickets to entertainment and sporting events to be held at locations throughout the United States. Ticketworld’s Massachusetts office sold tickets to an event in Connecticut to Mary Lou Lupovitch, a Connecticut resident, for $125 per ticket, although each ticket had a fixed price of $32.50. There was no agreement that Ticketworld would bear the risk of loss until the tickers were delivered to a specific location. Ticketworld gave the tickets to a carrier in Massachusetts who delivered the tickets to Lupovitch in Connecticut. The state of Connecticut brought action against Cardwell in a Connecticut state court, charging in part a violation of a state statute that prohibited the sale of a ticket for more than $3 over its fixed price. Cardwell contended in part that the statute did not apply because the sale to Lupovitch involved a shipment contract that was formed outside the state. Is Cardwell correct? How will the court rule? Why? 3 paragraphs

Discussion: "Is America to Blame for the Drug Wars in Mexico?"

From 2007 to 2009, nearly 10,000 people in Mexico died in drug-related violence. Who or what caused this? Some argue that it is Americans' insatiable demand for illicit drugs and the constant flow of guns from the United States, which arms the drug cartels. Others blame Mexico’s own government, which, they claim, is so corrupt that it cannot clamp down on the cartels. Unable to ignore the rising violence spilling over the border, Congress approved $700 million in security aid for Mexico and promised to increase the number of federal agents and intelligence analysts. Officials on both sides wonder whether this will make a dent in the problem.

1. Should Mexico’s government take full responsibility for what goes on within its own borders? Or should the US Government take some of the responsibility for the flow of Drugs into the USA and the drug war violence inside Mexico?