Questions and Answers of Principles Of Macroeconomics

For each of the following, describe some of the potential opportunity costs:a. Visiting your parents over the weekendb. Exercising an hour every other dayc. The government of your country renovating
Explain the pitfalls in the following statements.a. People who play golf are more likely to own a luxury car than people who do not play golf. Therefore, owning a luxury car causes people to play
Which of the following statements are examples of positive economic analysis? Which are examples of normative analysis?a. An effective minimum wage policy in Japan would result in excess labor
Prior to 2018, people could deduct the taxes they pay to their home state before calculating their federal tax bill. So, for example, if you earned $100,000 and paid $20,000 in state taxes, the
Explain whether each of the following is an example of a macroeconomic concern or a microeconomic concern.a. In 2018, legislators in Japan’s lower house passed an integrated resort (IR)
Visit Fortune’s website. You will find a list of the world’s 500 largest companies. While going through the list, are you surprised by anything in particular? Is there any firm that interests
The U.S. Bureau of Labor Statistics’ Occupational Outlook Handbook provides career information on education, pay, and outlook for hundreds of occupations. Go to www.
On the Forbes 2018 list of the World’s Billionaires, Jeff Bezos, founder and CEO of Amazon, ranks at the top with a net worth of $112 billion. Does this “richest man in the world” face
In order to cover the cost of living, getting a part-time job is a common practice among students; however, parents are concerned that combining paid work with academics may jeopardize their
Frank pays an $80 monthly membership fee to a fitness center for unlimited use of its facilities. On average, he goes to the center 10 times a month. What is the average cost of each visit he makes
The State of Florida recently decided to substantially increase the funding for the University of Florida, the state’s flagship university. This policy was evaluated by various government agencies
It is well known that a college education, on average, increases one’s income. Economists estimate that over one’s lifetime, a college degree holder will earn on average almost 70 percent more
Economists have identified educational attainment as potential predictor of who marries whom. Highly educated individuals marry other highly educated individuals, and people with less education marry

Showing 5900 - 6000 of 5913