Economics Chapter 14 Homework Given That There Are Three Ethnic Populations

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subject Authors David Weil

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Chapter 14
Culture
Solutions to Problems
1. Many countries, regions, ethnic groups, organizations, and other existing groups can be analyzed to
provide an acceptable answer to this question. As such, this solution is only an example. The following
is taken from the culture of a professional sports team.
a. Teamwork and trust are cultural attributes that are necessary to the success of a professional
sports team. In professional American football, a play of the game is only successful if each
b. Unhealthy competition and “superstar” dynamics (not being a team player) are cultural attributes
that prevent a team from being successful. Professional sports are characterized by a highly
2. In Figure 14.3, the two countries have roughly the same level of social capability. However,
3. A country’s index of ethnic fractionalization is,
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56 Weil Economic Growth, Second Edition
4. In the figure below, we begin at Point A and move to Point B after a rightward shift in the Y(M)
curve. From Point B, the final equilibrium position will be either Point C or Point D. If the economy
is described by a relatively flatter MC(Y) curve, the multiplier effect on the modernization of culture
5. The starting point of the economy is in an equilibrium position, Point A in the figure below. With an
exogenous increase in the modernization of culture, the M(Y) curve shifts upward. For any given
Chapter 14 Culture 57
6. This is an exercise to be done by the student. Results will vary.
7. Again, this is an exercise to be done by the student. Results will vary.

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