1 Explain 3 factors that determine the supply of labor

2. Define the Hickson demand function and explain to me how it is derived

3. Define what phrase labor market means

4. . Using the right symbols derive the Euler's formula and mathematically 5. Explain the meaning of marginal revenue product of labor

6. State and explain why supply curve may be backward sloping

7. Graphically show a backward sloping supply curve

8. Explain the factors that determine the supply of labor

9. Explain why AD curve has a positive slop

10. Using a well labeled axis show the difference in the substitution effect and income effect of normal good

11. Explain limitations of monetary policy as a macroeconomic too