The United States has maintained a trade embargo against Cuba since February 1962 in response to actions taken by the Cuban government. The primary idea behind an embargo of this nature is to punish to Cuban government by restricting trade with a large economy such as that of the United States, but embargos tend to have other repercussions as well. What I'd like you to do, in 300-400 words, is explain what some of these repercussions have been, who they have impacted, and briefly explain whether or not you feel that the embargo is beneficial in the year 2020.
In: Economics
Please walk me through SPSS to answer this question...
Consider the data below of inches of rainfall per month for two different regions in the Northwestern United States:
Plains Mountains
April 25.2 13.0
May 17.1 18.1
June 18.9 15.7
July 17.3 11.3
August 16.5 14.0
Using SPSS, perform a two-sample t-test for the hypothesis that there is not the same amount of rainfall in both regions in the Northwestern United States with a significance level of 0.025. What are the degrees of freedom of your test statistic?
In: Math
Consider sampling heights from the population of all female college soccer players in the United States. Assume the mean height of female college soccer players in the United States is μ = 67 inches and the standard deviation is σ =3.6 inches.
Suppose we randomly sample 98 values from this population and compute the mean, then repeat this sampling process 5000 times and record all the means we get.
Which of the following is the best approximation for the mean of our 5000 sample means?
In: Math
4) The following equations represent the market for air travel between the United States and Europe. Use the equations to answer the following questions. ?? = 160,000 − 200? ?? = 500? − 1000
a) Find the price intercept for both the supply and demand curves.
b) Find the equilibrium price and quantity for air travel between the United States and Europe.
c) Show the price intercepts and equilibrium graphically.
d) Calculate consumer surplus and shade in the area on the graph above. e) Calculate producer surplus and shade in the area on the graph above.
In: Economics
Imagine that you are the Surgeon General of the United States, who formulates national health policy. (A former Surgeon General, C. Everett Koop, formulated the crusade against tobacco smoking a generation ago). Describe what you believe is the primary health problem in the United States today. Justify your choice with as many facts (minimum 3) as you can find. Describe the steps you believe should be taken by a) government,b) private companies, c) organizations, and d) individuals to eradicate this health problem.
In: Economics
Show in a diagram the effect on the demand curve, the supply curve, the equilibrium price, and the equilibrium quantity of each of the following events.
a. The market for steel in the United States: Fuel efficiency regulations have reduced the use of steel in automobile production and increased the use of lighter materials such as aluminum AND import restrictions limit the amount of steel that can be imported into the United States.
b. The market for international airline tickets: Incomes decline due to a recession AND Norwegian Airlines adds more U.S. cities to its list of international flight destinations.
In: Economics
Suppose the United States could import footwear from Thailand at the price of $20 per pair or from Mexico at $24 per pair. The domestic price of footwear in the United States is $35. Suppose prior to NAFTA, the U.S. imposed a 50% tariff on all footwear entering the country. Suppose the US demand for footwear is given by Q = 100 – 2P. Assume US producers face a constant MC = $35. What is the welfare effect of joining the NAFTA for the US if doing so requires eliminating the tariff on Mexican made footwear?
In: Economics
An investor in the United States bought a one-year Brazilian security valued at 350,000 Brazilian reals (R$). The U.S. dollar equivalent was $300,000. The Brazilian security earned 12 percent during the year, but the Brazilian real depreciated 5 cents against the U.S. dollar during the time period ($.86 to $.81).
After transferring the funds back to the United States, what was the investor’s return on her $300,000? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.)
In: Finance
Look through Borgen Project website and answer questions. Keep answers short (ideally no more than a paragraph) and in your own words (no copy/pasting from the website). Good luck!
In: Economics
In: Accounting