Questions from General Economics

Q: Opponents of increasing the tax on gasoline argue that the big oil

Opponents of increasing the tax on gasoline argue that the big oil companies just pass the tax along to the consumers. Do you agree or disagree? Explain your answer.

Q: What are some problems associated with economic growth? Answer

What are some problems associated with economic growth?

Q: How does government affect the answer to the "What" fundamental

How does government affect the answer to the "What" fundamental economic question?

Q: How does government affect the answer to the "How" fundamental

How does government affect the answer to the "How" fundamental economic question?

Q: How does government affect the answer to the "For Whom"

How does government affect the answer to the "For Whom" fundamental economic question?

Q: What is the opportunity cost of attending college? Answer

What is the opportunity cost of attending college?

Q: What is the cost of a new car? Answer

What is the cost of a new car?

Q: What is the profit-maximizing quantity of output for a firm

What is the profit-maximizing quantity of output for a firm to produce?

Q: Under what conditions would a nation be able to currently produce more

Under what conditions would a nation be able to currently produce more of both consumer and capital products?

Q: What are the necessary ingredients for a nation to experience greater rates

What are the necessary ingredients for a nation to experience greater rates of economic growth, higher average standards of living, and a greater ability to compete in the global economy? That is, wha...