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Explain how do economists distinguish between the absolute and relative sizes of the public debt? Why is the distinction important? Distinguish between refinancing the debt and retiring the debt. How does an internally held public debt differ from an externally held public debt? Contrast the effects of retiring an internally held debt and retiring an externally held debt.
A price index for nonresidential construction was 14 in 1949, 92 in 1987, and 114.5 in 2000. According to these numbers, what did the hospital cost approximately.
What are the most important things to consider when making a pricing decision for a good whose demand as well as is elastic.
In what industry will a given percentage increase in production workers result in the largest percentage increase in output.
How does the life cycle also permanent income theories resolve the seemingly contradictory pieces of evidence regarding consumption behavior?
Under what situation would Gore be better off giving Bush a head start on putting mutually his presidential ticket.
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
Explain how many units of pork will the government be forced to buy to keep the price at $2.25. How much will the government spend in total.
When a construction possibilities frontier is bowed out, away from the origin the opportunity cost of a good.
Write down the profit maximization problem for the rm.
Do current politicians use to manage and influence to get reelected. Is this a "valid" use of political power.
Each customer purchases their smoothie at the store where the total cost, i.e. price of smoothie plus travel cost, is the lowest.
Explain how much shelter can she buy if she purchases 2 units of food.
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