Questions from Macroeconomics


Q: How does the creation of a successful movie influence what, how

How does the creation of a successful movie influence what, how, and for whom goods and services are produced?

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Q: How does a successful movie illustrate self-interested choices that are

How does a successful movie illustrate self-interested choices that are also in the social interest?

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Q: When Costco opened a gas bar just off Highway 401, the

When Costco opened a gas bar just off Highway 401, the neighbourhood was swamped with cars as drivers lined up to get the discount of 10 cents a litre. a. What is the opportunity cost of a litre of ga...

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Q: What might be an incentive for you to take a class in

What might be an incentive for you to take a class in summer school? List some of the benefits and costs involved in your decision. Would your choice be rational?

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Q: Look at today’s National Post. What is the leading economic news

Look at today’s National Post. What is the leading economic news story? With which of the big economic questions does it deal and what tradeoffs does it discuss or imply?

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Q: Provide two microeconomic statements and two macroeconomic statements. Classify your statements

Provide two microeconomic statements and two macroeconomic statements. Classify your statements as positive or normative. Explain why.

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Q: What are the two ways of calculating the slope of a curved

What are the two ways of calculating the slope of a curved line?

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Q: Explain how we “read” the three graphs in Figs.

Explain how we “read” the three graphs in Figs. A1.1 and A1.2.

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Q: Explain how we “read” the three scatter diagrams in Figs

Explain how we “read” the three scatter diagrams in Figs. A1.3 and A1.4.

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Q: Draw a graph of two variables whose relationship shows (i

Draw a graph of two variables whose relationship shows (i) a maximum and (ii) a minimum.

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