Questions from Microeconomics


Q: Which of the following statements are true? Which are false?

Which of the following statements are true? Which are false? Explain why the false statements are untrue. a. More immigrants arrive to the United States each year illegally than legally. b. The major...

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Q: What groups benefit and what groups lose from the U.S

What groups benefit and what groups lose from the U.S. sugar subsidy program?

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Q: What are the four categories used by the World Bank to classify

What are the four categories used by the World Bank to classify nations on the basis of national income per capita? Identify two nations for each of the four categories.

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Q: Use a demand and supply model to explain the impact of occupational

Use a demand and supply model to explain the impact of occupational segregation or “crowding” on the relative wage rates and earnings of men and women. Who gains and who loses from the elimination of...

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Q: What are health savings accounts (HSAs)? How might they reduce

What are health savings accounts (HSAs)? How might they reduce the over-consumption of health care resulting from traditional insurance? How might they introduce an element of price competition into t...

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Q: What was the central point that Bastiat was trying to make in

What was the central point that Bastiat was trying to make in his imaginary petition of the candlemakers?

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Q: Why have tech firms near monopolies in their own sectors sought to

Why have tech firms near monopolies in their own sectors sought to compete with tech firms that have extremely strong, near-monopoly positions in other sectors?

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Q: Why is the PPACA’s attempt to extend insurance coverage to all Americans

Why is the PPACA’s attempt to extend insurance coverage to all Americans so costly? How does the PPACA attempt to obtain the funds needed to extend insurance coverage to all Americans?

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Q: Go to Table 1 in the Last Word and compute the ratio

Go to Table 1 in the Last Word and compute the ratio of average wealth to median wealth for each of the 7 years. What trend do you find? What is your explanation for the trend? The Federal estate tax...

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Q: How does the PPACA attempt to ensure affordable insurance for the poor

How does the PPACA attempt to ensure affordable insurance for the poor?

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