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Do you think that part-time workers should receive the same wage per hour as full-time workers doing the same work?
Do you think it would be useful to adopt an energy policy that would free us from our dependence on foreign oil supplies?
Have you ever found that your choices were limited by decisions you made at an earlier period without lull knowledge of their hidden consequences?
Why should CEO salaries he determined by the owners of the firm. namely the shareholders, rather than the hoard of directors?
Do you think that labor should he treated by firms like they treat other factors of production such as physical capital?
Do you think there should he laws so that Angelo Mozilo would have to forfeit his wealth for the great damage he did to the American economy?
Do you think that charging $36 for overdrawing a bank account is the marginal cost to the hank of taking care of that account or arc they taking advantage of a
Why do you think Americans save so much less today than they did a generation ago although their income is higher?
Would you be in favor of prohibiting advertisements aimed at children under the age of 12 as they do in Norway?
Explain what Joseph Stiglitz meant when he described our economic system as socialism for the rich and capitalism for the rest.
Can you give an example when you were not certain of the need for or quality of a product? How did you make your decision?
Why were you satisfied with that product thereafter or did you find that it was different than what you supposed?
What do you think of a tax on frivolous products such as plastic surgery undertaken for reasons of vanity?
Should we set ourselves the goal of catching up with Canada in life expectancy and with Finland in educational attainment?
What kind of a labor market would you devise if you were deciding behind a veil of ignorance. that is not knowing where in the labor market you'd end up?
Would you favor increasing taxes or decreasing military spending in order to lessen the poverty rate. improve the infrastructure, or invest in education and inn
Why is it that health care is so incredibly costly in the United States. Yet the free market is unable to provide better health for the population.
Do you think that the social ills of the United States such as poveny and crime arc rooted in the way the economic system distributes wealth?
Do you think that the assumptions made in economics textbooks about the behavior of dividuals and firms are sufficiently realistic to be appropriate and useful.
If the marginal product per dollar (MP/w) spent on the last LPN hour is 0.0756, how many daily registered nurse (RN) hours is the hospital using?
What amount of insurance will each type of driver buy? How much income will each type of driver have in the two states of the world?
If both firms match one another's quantityrestrictions (dq2/dq1 = dq1/dq2 = +1), what will be the industry output (q1 + q2)?
What might that mean to their sales and profits? Is the demand for Apple's I-phone elastic? What is that elasticity?
Determine the profit-maximizing price and quantity. How much total profit would your firm earn if you set P and Q according to part b?
Explain what is meant by negative externalities.