ECON 162 Lecture Notes - Lecture 4: Attention Deficit Hyperactivity Disorder, Philip J. Landrigan, Dodge Viper
3 Nov 2017
School
Department
Course
Professor
Econ 162-A1, A2 Kenny Christianson
Fall 2017 due: September 15
PROBLEM SET NUMBER TWO
1. Please visit the following web site to read the article “Buying Time Promotes Happiness”:
http://www.pnas.org/content/114/32/8523.full
After reading the article (especially the Discussion section), answer the following questions:
a. How did the authors conduct their research?
b. What were the major results of their research?
c. What are the implications of the article for the principle of comparative advantage?
2. Suppose that the PPC is drawn for the United States with Manufactured Goods on the vertical
axis and Agricultural Goods on the horizontal axis. What would be the effect on the PPC of the
following events? Show each on a separate graph and explain.
a. Fiat-Chrysler is closing down its Conner Avenue Assembly plant at the end of August. The
392,000 square-foot facility o Detoit’s east side is hee the Dodge Vipe spots a, alog ith V-10
engines, have been produced since the 90s. The plant, built in 1966, will be closed permanently.
(http://detroit.cbslocal.com/2017/07/12/fiat-chrysler-closing-down-detroit-assembly-plant/)
b. Genetically modified (GM) plants designed to use light more efficiently produced a 20%
greater yield in a study that could have significant implications for global food supplies.
(https://www.theguardian.com/science/2016/nov/17/plants-genetically-modified-to-boost-
photosynthesis-produce-greater-yields-study-shows)
c. 289,000 aliens obtained lawful permanent resident (LPR) status [to enter the United States]
i the fist uate of Fisal Yea 7 ad 7, alies otaied LPR status i the seod uate …
First quarter admissions represent a one percent increase from the same quarter in Fiscal Year 2016.
(https://www.dhs.gov/immigration-statistics/special-reports/legal-immigration)
d. The parents of children in Flint, Michigan have good reason to be worried about lead in the
city's water supply. .. "There's real danger that the injury is going to be permanent and lifelong in them,"
Dr. Philip Landrigan, Dean of Global Health at Mout Siai Shool of Mediie, tells CBS Nes…
"The problem here is, no level of lead is safe," Landrigan says. "Even low levels of lead -- especially if
exposure to low levels continues over many months -- is going to cause some degree of brain damage to
at least some of the children who have been exposed -- that's a big deal.
Exposed children are at risk for a number of problems, including lower IQ scores, developmental delays,
and behavioral issues such as Attention Deficit Hyperactivity Disorder. Even after lead exposure stops,
the effets a last fo yeas o ee e peaet…. They're kids who are going to be prevented from
functioning at their full level."
(https://www.cbsnews.com/news/doctors-explain-the-long-term-health-effects-of-flint-water-crisis/)
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