ECON 1000 Midterm: ECON 1000 Kennesaw State ECON1000 Fall2016 Exam3B
Document Summary
Consider a good for which there is a positive externality. Darnell and emily are registered to vote in maine. They were recently discussing question 5, a ballot initiative that would establish ranked-choice voting for statewide elected positions. During their conversation emily stated, i haven"t really researched the proposal. Two of the notable differences between their jobs are that pat gets to work in a climate controlled office building year-round and chris runs a greater risk of being severely injured on the job. Based upon this information, it would seem reasonable to infer that at least part of the difference in incomes between the workers is due to logrolling. gender discrimination. compensating differentials. the labor theory of value. As of 2012, government spending on welfare programs in the u. s. was roughly ,078 billion (about 32% of gdp). roughly ,332 billion (about 21% of gdp). roughly billion (about 6% of gdp).
