1. Taxes and Induced Innovations Suppose a country imposed heavy taxes to increase the price of gasoline. How would this affect the incentive to develop batterypowered automobiles? 2. Height and...

1. Taxes and Induced Innovations Suppose a country imposed heavy taxes to increase the price of gasoline. How would this affect the incentive to develop batterypowered automobiles?

2. Height and Weight during Rapid Industrialization. Economic historians have found that the average height of individuals in both the United States and the United Kingdom fell during the mid-nineteenth century before rising again. This was a period of rapid industrialization as well as migration into urban areas. What factors do you think might account for this fall in height and how would it affect your evaluation of economic welfare during the period?