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Look at some facet of your life that you might not have thought was fundamentally economic. And look again. Now that you've read/observed/listened, can you see market forces at work underpinning the decisions that people are making? Take one of the economic concepts and find a strange place where you can see it in your own life. Does opportunity cost factor in your job? Can you think at the margin while you're making dinner? Tell us about it
What is a government budget deficit? How does it affect interest rates, investment, and economic growth
Which type of firm is most likely to have zero economic profit in the long-run: monopoly, oligopoly, monopolist competition or perfect competition? Explain.
Should the Social Security earnings test be eliminated? What are the benefits and costs of doing so?
How will these actions affect the macroeconomic variables in the short run: Price, output, and unemployment? What are the possible effects on the same variables in the long run?
Match the trophic level name to the percentage of energy that it obtains from the original capture of energy from the sun.
Tom Jackson is buying a new car. Alternative A is an American-built compact. It has an initial cost of $8900 and operating costs of 9c/km.
Do you believe such legislation as Sarbanes-Oxley (SOX) is necessary to protect shareholders and unknowing employees? Or do you believe Sarbanes-Oxley goes too far?
Calculate the equilibrium price - firm output, total output and number of firms in the industry.
a pure monopolist determines that at the current level of output the marginal cost of production is 2 average variable
Education provides both private benefits to those who receive it and broader social benefits for the economy as a whole.
1. How does Netflix motivate employees? Which of the approaches in chapter 6 (job design, incentives, and performance appraisals) are being utilized to motivate
Why might federal spending on roads, waterways, or national security be less subject to direct expenditure offsets than spending on health care or education? What might account for the fact that estimates of effect time lags for fiscal policy often d..
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