Questions from General Economics


Q: Describe how investment in human capital could help solve the poverty problem

Describe how investment in human capital could help solve the poverty problem.

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Q: Based on real-world evidence, what is the profile of

Based on real-world evidence, what is the profile of a family in poverty?

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Q: Typically, how long do those in poverty whom are receiving public

Typically, how long do those in poverty whom are receiving public assistance (welfare) remain on the welfare roles?

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Q: What are the three major goals of any short-run poverty

What are the three major goals of any short-run poverty relief program?

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Q: What is the best way to combat poverty over time?

What is the best way to combat poverty over time?

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Q: If males (whites) are paid more than females (blacks

If males (whites) are paid more than females (blacks) is that proof of discrimination?

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Q: Why does the supply curve slope upward? Answer:

Why does the supply curve slope upward?

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Q: Suppose you own a video game store. List some of the

Suppose you own a video game store. List some of the fixed inputs and variable inputs you would use in operating the store.

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Q: How would one calculate the profit an employer earns from the employment

How would one calculate the profit an employer earns from the employment of workers?

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Q: What is the principle strategy of an exclusive (trade) union

What is the principle strategy of an exclusive (trade) union in order to increase wages of its members?

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