Questions from Microeconomics


Q: True or false. The incidence of property taxes that are levied

True or false. The incidence of property taxes that are levied on rented houses and apartments is high—meaning that they are paid almost entirely by the landlords, who are billed by the government for...

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Q: In the 1980s, PepsiCo Inc., which then had 28 percent

In the 1980s, PepsiCo Inc., which then had 28 percent of the soft-drink market, proposed to acquire the Seven-Up Company. Shortly thereafter the Coca-Cola Company, with 39 percent of the market, indic...

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Q: Because consumers as a group must ultimately pay the total income received

Because consumers as a group must ultimately pay the total income received by farmers, it makes no real difference whether the income is paid through free farm markets or through price supports supple...

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Q: What factors have contributed to increased income inequality since 1975?

What factors have contributed to increased income inequality since 1975?

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Q: In the taste-for-discrimination model, an increase in

In the taste-for-discrimination model, an increase in employer prejudice against African-American workers would cause the discrimination coefficient to and the demand curve for African-American labor...

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Q: Why would increased spending as a percentage of GDP on, say

Why would increased spending as a percentage of GDP on, say, household appliances or education in a particular economy be regarded as economically desirable? Why, then, is there so much concern about...

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Q: List the special characteristics of the U.S. health care

List the special characteristics of the U.S. health care market and specify how each affects health care problems.

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Q: Ralph will consume any health care service just as long as its

Ralph will consume any health care service just as long as its MB exceeds the money he must pay out of pocket. His insurance policy has a zero deductible and a10 percent copay, so Ralph only has to pa...

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Q: What is a “brain drain” as it relates to international

What is a “brain drain” as it relates to international migration? If emigrants are highly educated and received greatly subsidized education in the home country, is there any justification for that co...

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Q: True or False. Research indicates that immigration causes large decreases in

True or False. Research indicates that immigration causes large decreases in the average American wage.

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