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Question 1: Is our carbon-based economy a case of technological "lock-in"? Is there a way out? Are you optimistic about the extent to which technology will mitigate the possible effects of climate change? Why or why not? What are the implications of this problem in relation to the social and private returns to invention.
Question 2: What explains the rise in the productivity and output of corn in the United States during the past century? What is behind the regional differences in the adoption of new hybrids? Is it a case of backwardness? How does Griliches make his argument about the process of diffusion? What might be the policy implications of this case study?
Question 3: What characterizes the structure of the corn industry in the US. today? What are the implications for human food supply? To what extent do these trends represent examples of the ethical dimensions of technological change, as well as its contribution to improvements in the well-being of humans.
Question 4: What are the implications of the bias of technological change in relation to the distribution of income? What is Leontief's View? Compare and contrast the relevant readings and sources in relation to this question.
This document contains various important questions and their appropriate answers in the subject field of Economics.
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