1. What is human capital and how does investment in education affect long-term economic growth?

2. How do health policies contribute to human capital and economic productivity?

1. What are property rights and what are the three primary categories of property ownership?

2. How do governments protect property rights and why is this important for a market economy?

1. How does free trade promote economic growth and what are tariffs and quotas?

2. What are the trade-offs and unintended consequences of tariffs in an integrated global economy?

1. How does the patent system encourage innovation and technological advancement?

2. What are the different ways governments support research and development?

1. What are environmental policies and what public health goals do they pursue?

2. How can government use tax policies and investments to influence energy use and combat climate change?

1. What does the Laffer Curve illustrate about the relationship between tax rates and government revenue?

2. What is the prohibitive range on the Laffer Curve and how do tax cuts affect revenue in this range?

1. What happens when tax cuts are implemented outside the prohibitive range and during recessions?

2. Why might businesses use tax cut revenues for purposes other than job creation?

3. What are the empirical findings about the effectiveness of tax cuts in generating revenue and economic growth?