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How do multi-person economics complicate the attainment of second best ideals? Could this be important in designing effective economic policy?
How does compulsion differ from monopolistic economic collusion? Hint: consider scope of individual choice when confronted with te threat of violence compared.
What could change the equilibrium price? What market pressure occurs when quantity demanded exceeds quantity supplied? Explain.
Economics has difficulty in explaining why wage rates for individuals vary across occupations and industries and within occupations and industries. Discuss.
In most political campaigns, candidates promise more than they can deliver. What economic concept do candidates ignore?
Select any five financial ratios that you have learned about in the text. Analyze the past three years of the selected financial ratios for the company.
Give examples of political lobbying of the IASC/B, explaining why and how lobbying has increased over the years.
It rains and the coefficient of traction for the 824 is now 0.37. The coefficient of traction for the D7 is 0.55. Which machine would you use on this job?
Job efficiency is assumed to be equivalent to a 50-min hour. Calculate the direct cost of the proposed earthmoving operation in dollars per bcy.
Assume that the dozer will have a 0.38 coefficient of traction. Calculate the direct cost of the proposed canlimoving operation in dollars Per bey.
Calculate the direct cost of the proposed earthmoving operation in dollars per bcy. The company's normal O&O cost for these machines is S70 per hour.
How many fatalities occurred while the operator was getting on or off the dozer? How many fatalities occurred while operating the dozer?
When material is to be moved long distances semi-U (SU) blades. Which is the best dozer to use if we need cutting ability? (D9R highest hp/ 11 ratio 28.9 hp/fl)
Visit the Caterpillar website and obtain the flywheel power (hp) rating for both a D6R. Calculate the by per foot of cutting edge ratio for all four conditions.
What minimum value of coefficient of traction between the tractor wheels and the traveling surface is needed to satisfy the requirements of part a?
What was the per capita bio capacity in the United States? Explain the meaning of the two numbers you just located. What are the implications?
What is the environmental Kuznets curve (EKC) hypothesis? What is the evidence regarding this hypothesis?
Do you think that we are any closer to this point than 1930, when Keynes wrote his essay? Do you see any evidence that this is starting to occur?
What about environmental problems-do you think they will grow better or worse in your lifetime?
To what extent do these necessarily go together, and to what extent can improvements in employment and well-being be separated from GDP growth?
How do you think your environmental impacts compare with those of the average person in the world?
What do you think should be done by the United States in response to global climate change?
Using the growth accounting equation, calculate the growth rate of manufactured capital per worker in Macroland.
What is the growth rate of real GDP in Macroland during this period? What is the growth rate of real GDP per capita in Macroland?
What has been the most significant source of foreign capital for economic development in recent years?