Questions from General Economics


Q: In what sense is education a type of capital?

In what sense is education a type of capital?

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Q: How might education raise a worker’s wage without raising the worker’s productivity

How might education raise a worker’s wage without raising the worker’s productivity?

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Q: What difficulties arise in deciding whether a group of workers has a

What difficulties arise in deciding whether a group of workers has a lower wage because of discrimination?

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Q: Do the forces of economic competition tend to exacerbate or ameliorate racial

Do the forces of economic competition tend to exacerbate or ameliorate racial discrimination?

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Q: Give an example of how discrimination might persist in a competitive market

Give an example of how discrimination might persist in a competitive market.

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Q: Ariana Grande has just finished recording her latest CD. Her record

Ariana Grande has just finished recording her latest CD. Her record company’s marketing department determines that the demand for the CD is as follows: The company can produce the CD...

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Q: Does the richest fifth of the U.S. population earn

Does the richest fifth of the U.S. population earn closer to three, six, or twelve times the income of the poorest fifth?

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Q: What has happened to the income share of the richest fifth of

What has happened to the income share of the richest fifth of the U.S. population over the past 40 years?

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Q: What groups in the U.S. population are most likely

What groups in the U.S. population are most likely to live in poverty?

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Q: When gauging the amount of inequality, why do transitory and life

When gauging the amount of inequality, why do transitory and life cycle variations in income cause difficulties?

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