How can one "beat the market"?
What will be an ideal response?
Most economists feel the only way one can beat the market is to have inside information, which is information about what is happening in a corporation that is not available to the general public.
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Which of the following increases frictional and/or structural unemployment?
i. more young workers entering the labor force ii. more generous unemployment benefits iii. a structural slump with some industries dying A) iii only B) i and ii C) ii only D) i, ii. and iii E) i only
Use the Slutsky equation to show that a Giffen good must be an inferior good, BUT an inferior good need not be a Giffen good
What will be an ideal response?
Explain how the invisible hand delivers an efficient market outcome
What will be an ideal response?
Compare and contrast a general retail sales tax with a value added tax
What will be an ideal response?