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Why unemployment in the United States fell from 2003 to 2006? Why college tuition costs have risen so rapidly in recent years?
If you were the youngest son of an English nobleman in the Middle Ages. What kinds of innovation would be appreciated by people in power?
How did Julius Caesar attain his position in Rome and in history? In what sense can his activities be said to have been entrepreneurial?
What steps should the United States consider undertaking to protect itself from the fate of other countries that once were economic leaders of the world?
Define the poverty rate. Does it rise or fall during recessions? If the poverty line was adjusted only for inflation, what would it be now?
Discuss the concept of the optimal amount of inequality. What are some of the practical problems in determining how much inequality really is optimal?
Does the evidence support that view? Is it a decisive argument against a flat tax? How is the trade-off between equality and efficiency involved here?
What would happen to an economy in which the aggregate supply curve never moved while the aggregate demand curve shifted outward year after year.
Most economists believe that from 2003 to 2006, actual GDP in the United States grew. What should have happened to the unemployment rate over those three years?
Labor productivity grows at a rate of 2 percent in Country A and rate of 2.5 percent in Country B. What are growth rates of potential GDP in the two countries?
If inflation proves to be lower during your college years than what you both had expected, who will gain and who will lose?
What happens to Poorland's potential GDP if it acquires some new advanced technology from Richland and starts using it?
What are the four main components of aggregate demand? Which is the largest? Which is the smallest? Your family buys an older home from another family.
Discuss some of the pros of increasing development assistance, both from the point of view of the donor country and the point of view of the recipient country.
Explain why economic growth might be higher in a country with well-established property rights and a stable political system compared with a country.
Describe the demographics of the consumer, including consumers' current income. Document with data.
Evaluate both the advocates' position and the critics' position. Determine which position you support and defend your position.
Use a diagram to show how applying both subsidies changes the equilibrium from the no-subsidy case. Show who gains and who loses.
Now use your diagram to show how the large tariff would affect the welfare of consumers and producers and government revenues.
Use graphs to show the effect of such a subsidy on the welfare of various groups and on government expenditures in the United States and Mexico.
Suppose that preferences are convex but not strictly convex. Give a clear and convincing argument. Describe your argument with a two-good example.
Find the optimum number of miles driven by Mr. Carr every week, given that the price of gas is $2.50 per gallon.
In a critical essay, select a country affected by a specific currency crisis. Analyze the source of the crisis, and the specific resolution of the issue.
How does a recession affect the demand curve and the supply curve for rental properties?
Use a supply-and-demand diagram to illustrate why Brazilian farmers are receiving lower prices.