By Anonymous -
Quiz 3 in Economics. Possible Questions

1. What is comparative advantage? Who benefits from comparative advantage or trade  and who does not?

2. How did Illinois get into the financial mess that it is in? What are the possible solutions to resolving the financial crisis?

3. What is the formal definition of supply side economics? How have Republicans, beginning with Reagan, changed that definition? What is wrong with the latter definition?

4. What does my classmate from Kent (see home page on the blog for quote) add to your understanding of behavioral economics?

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