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Suppose there is a constant rate of return to education that increases from 5% to 10%. Assuming nothing else in the economy changes, what will happen to inequality?
Why does some workers earn higher wages than others, some landowners higher rental income than others, and some capital owners greater profit than others?
How is government debt related to the government deficit? What factors contribute to a large change in the debt-GDP ratio? Why do economists suggest that tax rates be kept roughly constant over time, rather than alternating between high and low level..
What did the Federal Reserve do to combat the nancial crisis that accompanied the Great Recession of 2007-2009? What problems is the Federal Reserve currently having to deal with as a result of these activities?
The overall effectiveness of the organ procurement system in the United States. What are its strengths and weaknesses.
You suspect that the manufacturer is not controlling their process and that the average amount is not 12mg. A random sample of 25 tablets gave
What will happen to the rate of inflation? How would the central bank react to the change in velocity if it pursued an NGDP target instead of a money stock target?
You expect the equipment will last 10 years. Use a spreadsheet function to compute the MACRS depreciation schedule.
Suppose a profit maximizing automobile manufacturer produces its output in two plants, one in the U.S. and the other in Canada. The total costs of producing in the two plants are identical, except that the output produced in the U.S. is subject to a ..
What about the producers of beef? Would they be better or worse off with a price ceiling?
There are basically four types of market structure under which a business could operate. What are these market structures? Assume that you are the only producer of a product and have a patent that prevents market entry, what market structure do you b..
A consumer has a budget of $200 to spend on bowling (b) and tutoring sessions (t). Assume that each game of bowling costs $16 and each tutoring session costs $20. The consumer derives utility from tutoring sessions and bowling according to the utilit..
What is Karl Marx' explanation of why the industrial revolution began in Britain and how did his narrative influence early development ideas?
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