QUIZ KEYS FOR FRIDAY, JANUARY 4, 2008

Keys for Wheelan’s chapter on “Productivity and Human Capital.
“1. What is the most insightful way to think about poverty? Why?
2. Will the poor always be with us? Explain.
3. Why is the gap between rich and poor growing ever wider in this country? Explain.
4. Why does human capital matter so much? Explain.

 Keys for Colander’s chapter on “Perfect Competition.”
1. Be able to draw and explain the following graphs:Figure 11-2b; Figure 11-5 a, b, and c; Figure 11-6 b. 

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