POSSIBLE JANUS TEST QUESTONS

By Anonymous -
1, In an essay weigh the costs and benefits of the Amazon Way.

2. Using the production possibility curve, opportunity cost, and comparative advantage, explain why economists like free trade.

3. What is the price mechanism? How can it be fully utilized? Cite examples.

4.Explain the different roles of government as an actor in the Economy.

5. Explain some of the most pervasive cognitive biases. Can they be corrected for?

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