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Mad Money Movie(2008) questions Identify at least two examples of specialization in the video. Explain how this particular specialization promote more efficient production? Identify one
Mad Money Movie(2008) questions Identify at least two examples of specialization in the video. Explain how this particular specialization promote more efficient production? Identify one example of investment in Human Capital and one example of physical capital in the video. Describe how the video demonstrated at least two of the following: Private Ownership Profit Motive Consumer Sovereignty Competition Gov. Regulations Describe at least two different allocation strategies demonstrated in the video: Price Majority Rule Contest Force Sharing Lottery Authority First Come First Serve Personal Characteristic Give one example of a Factor Market in the video; identify what's being sold and who is purchasing Give an example of a Product Market in the video; explain what's being sold and what is being bought. Which District Federal Reserve Bank Branch does the video take place in? What effect could fraudulently recycling money (intended to be destroyed) into the money supply have on the economy? Do you agree or disagree that money can bring you happiness? Explain (include the concept of rational decision making)
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