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The more certain private property rights are,
a. the less people need to invest in education or human capital development.
b. The less entrepreneurship there will be.
c. the more capital accumulation there will be.
d. the more an economy must grow to maintain a certain living standard.
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For a single nonprofit provider, describe an output-maximizing model to predict supplier behavior.
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solutions to central problems of economy.
Explain, using the best framework you can think of (based on our class discussion), the effect of a large federal deficit on interest rates.
How will a fall in domestic investment affect the trade surplus and net capital outflows in the domestic economy, the trade deficit and capital inflows in the rest of the world, in
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