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1. What are the three factors that influence economic growth?
2. What is human capital, and how is it different from the quantity of workers available for work? Name three ways to increase a nation's human capital. Is an increase in the size of the labor force also an increase in human capital? Explain your answer.
What is the sign of the correlation between yt and yt-1? How about the sign of the correlation between yt and yt-2? between yt and yt-3? Do you see a pattern
If the farm adopted a new technology, which allows it to use fewer resources to fatten chickens, explain how the farm's production possibilities will change. Explain how the opportunity cost of producing a bushel of soybean will be affected.
Assume (as usual) the representative consumer maximizes utility. Find the consumer's optimal consumption and leisure decision. Plot this representative consumer's labor supply function. Would a decrease in the tax rate t affect the optimal amount ..
Explain why their contrasting views on the shape of the aggregate supply curve lead some economists to argue much more strongly for stabilization policies to fight unemployment and other economists to argue much more strongly for stabilization pol..
In the Barro-Ricardo view, does it make any difference whether the government pays for its expenditures by raising taxes or issuing debt?
No one can distinguish between lemons and plums. Would you expect the market to be dominated by lemons? Illustrate with a completely labeled graph.
The New York Times (Nov. 30, 1993) reported that "the inability of OPEC to agree last week to cut production has sent the oil market into turmoil the lowest price for domestic crude oil since June 1990."
Think about the professional journals and organizations that will be useful to you as a student and as a current or future public health or health education professional.
Suppose that college students in your tow persuaded the town council to enact a law settings the maximum price for rental housing at $400 per month. Will this help or hurt college students who rent housing In your answer, address how this price ce..
Derive the government expenditure and tax multiplier
Is structure of state (or provincial) and local government where you live highly centralized compared to other states? How would you measure the degree of centralization?
a) What is the price elasticity of demand for HP printers b) What is the cross-price elasticity with respect to commodity X Give an example of what commodity X might be. c) What is the cross-price elasticity with respect to commodity Z
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