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In 2019 the country of Farland has a current account deficit of $900 million.Farland’s capital account is in a $100 million surplus.In addition, Farland factors located in foreign countries earn $600 million.Farland has a trade deficit of $400 million.Assume that Farland neither gives nor receives unilateral transfers.Farland’s GDP is $8 billion. What happen to…
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The HR department is trying to fill a vacant position for a job with a small talent pool. Valid applications arrive every week or so, and the applicants all seem to bring different levels of expertise. For each applicant, the HR manager gathers information by trying to verify various claims on resumes, but some doubt…
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1. Selection of Countries for a Global Business and Strategies for Participation “Instead of selecting country-markets on the basis of stand-alone attractiveness, managers need to consider how participation in a particular country will contribute to globalization benefits and the global competitive position of the business.” Being a serious global player means much more than simply…
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Trucks at a single platform weigh-bridge arrive according to Poisson probability distribution. The time required to weigh the truck follows an exponential probability distribution. The mean arrival rate is 12 trucks per day, and the mean service rate is 18 trucks per day. Determine the following: 1. What is the probability that no trucks are…
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Federal Reserve Discussion – How does the Federal Reserve accomplish By law the Federal Reserve is required to monitor unemployment and inflation. Respond to the following components: How does the Federal Reserve accomplish these goals? What are the pros and cons of using contractionary and expansionary monetary policy tools under the following scenarios:…
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Economic Scenarios Questions Suppose that the economy is at full employment (our economy has reached its potential GDP or the maximum that we can normally produce). Now suppose that the Federal Government decides to decrease taxes. If we compare the long run price and GDP levels to the price and GDP levels that existed before…
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Continue the theme of comparing the US system to other countries. I also would like to have more of a discussion going than we have had in previous weeks. Country Comparison Pick any two countries and compare the key attributes of their social security programs. Which country do you think will have the…
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Motor Vehicle Industry Economic Brief SU Motor Vehicle Industry Economic Brief In the workplace, we are often asked to create “briefs.” A brief provides a snapshot, or short, written summary, of a situation or event that has occurred. It is generally just a few pages long and may include additional visuals like a graph,…
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Collect and review five political, social, and/or economic news articles (WSJ only) for your assigned country( IRELAND), five for your chosen country( CHINA), and five for the United States; that is, fifteen total articles. The easiest way to locate articles is use Google search by typing “the particular country + WSJ” then selecting the news…
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Moralists and Money Discussion Prior to beginning work on this discussion, read Alejandro Chafuen’s article, Moralists and Money: From Gold to Bitcoin (Links to an external site.)Links to an external site., and respond to the following components: Define money and describe its functions. Is money a root of all evil? Why or why not?…