what does Wheelan mean when he says the labor market is no different than the market for anything else?
4. Open Ended
30 seconds
1 pt
what's the role of education in developing human capital?
5. Open Ended
30 seconds
1 pt
what does Wheelan say about the "lump of labor" fallacy? what evidence does he use to support his claim?
6. Open Ended
30 seconds
1 pt
what's the correlation between a nation's natural resources and its economic well-being?
7. Open Ended
30 seconds
1 pt
we've spent a lot of time at villa considering how best to deal with poverty. what does Wheelan's explanation of human capital bring to this discussion?
8. Open Ended
30 seconds
1 pt
what's productivity?
9. Open Ended
30 seconds
1 pt
what's the relationship between trade and productivity? (see discussion of NAFTA)
10. Open Ended
30 seconds
1 pt
what was Thomas Malthus' prediction about population growth? why has it proven false in the twentieth century?
11. Open Ended
30 seconds
1 pt
why is the gap between the rich and poor growing, according to Wheelan?
12. Open Ended
30 seconds
1 pt
CHAPTER 9
13. Open Ended
30 seconds
1 pt
what's nominal GDP? what's real GDP?
14. Open Ended
30 seconds
1 pt
what's a better indicator of a nation's wealth, real GDP or real per capita GDP?
15. Open Ended
30 seconds
1 pt
discuss the Federal Reserve Bank of Dallas' explanation for the best way to express our economic progress?
16. Open Ended
30 seconds
1 pt
what point is Wheelan making with the leprosy cases?
17. Open Ended
30 seconds
1 pt
what are the weaknesses in the way GDP is counted? why is it an imperfect measure of well-being?
18. Open Ended
30 seconds
1 pt
what other indicators are sometimes included in measures of social well-being?
19. Open Ended
30 seconds
1 pt
on page 202, how does Wheelan demonstrate truth in FDR's saying, "The only thing we have to fear is fear itself?"