Homework Assignment 3

Econ. 103, Spring 2003, Prof. Nancy Folbre

Due to your TA by Friday, Feb. 28. Numbered problems are in the back of the Frank/Bernanke textbook. You do not need to write on or tear out the page. Using your own paper will preserve the resale value of the book.

Chapter 4, Problems # 1, # 2, # 3, and # 9.

Chapter 5, Problems # 3, # 6, and # 9.

Short thought piece: If market forces are efficient, why we would we ever want to interfere with them?