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problem1 do collective-action problems contribute to or discourage rent-seeking explain your answer2 explain why having
problemthe international trade chapter discussed the trade restrictions that limit imports of clothing into the us and
problemcompare a national presidential election that receives round-the-clock media coverage with an obscure local race
problemevery year the residents of a historical town gather to determine how much to spend on their park 10 percent or
problemin researching a voting system you discover that it obeys three of the four criteria of an ideal voting system
problemsuppose we are trying to predict the positions that three candidates will take on who should be eligible for
problemthe 1986 immigration reform and control act lrca makes it illegal for employers in the united states to
problemsuppose the supply curve of physicists is given by w 10 5pound whereas the demand curve is given by w 50 -
problem1 suppose the wage rate dropped while the employment level went up which curve-supply or demand-must have
problem1 describe the hiring decision of a perfectly discriminating mon-opsonist and of a non-discriminating
problem1 if prices rise by 10 per cent by how much does the value of money fall2 how does inflation affect the
problem1 what is the prediction made by the quantity theory of money2 why is it often difficult to distinguish be-tween
problemin a hypothetical economy which is initially in equilibrium the consumption function is c 100 08y where c
problemi a hypothetical two-sector economy is initially in equilibrium with mps aps 025y and investment is c100m
problem1 in what sense is the consumer sovereign in market economies2 in a market economy how will the allocation of
problemsuppose a worker currently resides in pennsylvania and is deciding whether to remain there or to move to
problem1 show how cohort effects in the immigrant flow affect the interpretation of the cross-sectional age-earnings
problem1 show how workers who wish to maximize the present value of lifetime earnings calculate the net gains to
problem1 in what circumstances will a country have a comparative advantage in producing a particular good despite
problem1 are forecasts based on rational expectations always correct2 why might the theory of rational expectations be
problem1 what is ational about rational expectations2 what are adaptive expectations are they ever rational3 why might
problem1 explain why a firm which is making losses in the hart run might increase its output in the long run while the
problem1 define and distinguish between the following term firm industry and market2 explain how economist distinguish
problemsuppose a drop in the compensating wage differential between risky jobs and safe jobs has been observed two
problemworkers can choose to work in two types of jobs a risky job and a safe job suppose there are 100 workers in the