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Fundamentals of Economics
, Second Edition
William Boyes, Arizona State University Michael Melvin, Arizona State University
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Chapter Review
Chapter 8:
Social Issues
- What does it mean to say "incentives matter"?
- What is the primary economic problem with the environment?
- Does the war on drugs make economic sense?
- Does discrimination make economic sense?
- Does a minimum wage make economic sense?
- Why are incomes not distributed equally?
- What does it mean to be in poverty?
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