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1. Why is wage labor completely incompatible with feudalism?
2. Is economic life distinctly separate from social and political life in America?
3. Describe what Smith meant by the “invisible hand.” What is the mechanism by which selfish interests are made compatible with-indeed, made the agent for-successful social provisioning?
4. Can you see a relation between Smith’s growth model and his market model? Would the growth model work if the forces of the market did not operate?
A group of 20 doctors are considering forming a new medical group also has asked you to prepare a report on whether they should build a facility in an area.
Fed's policies both in terms of the positive also negative consequences of such policies also in relation to the Keynesian also classical theories.
The government begins providing health care subsidies for all Americans.b. Private investors become less optimistic about the economy.c. All overseas conflicts are ended and American troops return home.
Find the equilibrium values of the real interest rate, consumption, investment, and the price level.
Describe how the economic theories and principles you have studied in this course have deepened your thinking about economic behavior.
A firm uses 50,000 workers to produce 200,000 units of output per day. Compute the values for the following four formulas.
A young physician makes $180,000 per year with an annual salary increase of 2%.
Analyze a situation in which both parties entering into a contract could benefit, economically or otherwise, from slightly ambiguous language contained in the contract.
Distinguish between the following views of monetary policy
discussions facility costs please respond to the following suppose you have been working with the federal government
Compare and contrast the principles of the institutionalist school to neoclassicism. What tenets of neoclassicism do you think institutionalist economists would reject? Defend your selection.
Call P the unit price of each stamp and find out how many stamps and how many photocopies the firms purchase depending on the value of P.
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