The effects of government tax policy on long-term economic growth
What will be an ideal response?
Macro
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What do the classical growth theory and the new growth theory predict for global growth amongst different nations? Comment on the accuracy of the predictions
What will be an ideal response?
In the ________, one firm sets its output first, and then a second firm, after observing the first firm's output, makes its output decision
A) Cournot model B) model of monopolistic competition C) Bertrand model D) kinked-demand model E) none of the above
To incentivize a salaried manager at a company store to work harder, the management should
a. Offer the manager the franchise b. Offer the manager a raise c. Centralize all decision-making d. None of the above
Which of the following is true?
A. When a family migrates, there may be both tied movers and tied stayers in the family. B. Cultural assimilation is not included in migration costs. C. A repeat mover must have made a mistake in the initial move. D. A family will move even though as a unit they are better off staying as long as at least one member of the family is made better off by moving. E. A person might choose to not move because their family is better off by not moving, even though the person would individually be better off by moving.