1. The passage discusses the key differences between classical and modern Keynesian macroeconomics, as well as topics like business cycles, inflation, unemployment, and aggregate supply and demand.
2. It contains multiple choice questions testing understanding of these macroeconomic concepts.
3. The questions cover the causes of inflation, effects of inflation, types of unemployment, and equilibrium in the macroeconomy.
1.The tax multiplier associated with a $10B reduction in t.docxelliotkimberlee
1.
The tax multiplier associated with a $10B reduction in taxes is _______ the spending multiplier associated with a $10B increase in government spending because __________
a.
the same quantity as / a tax change will either put more income into or out of savings
b.
smaller than / a tax change also involves a change in savings in the first round of spending
c.
larger than / taxes cause more discretionary income to be spent whether it is a tax increase or a tax decrease
d.
smaller than / the tax multiplier is usually very unstable
2.
Each year the Tax Foundation calculates the day of the year the average income earner has to work in order to pay taxes.
This is known as Tax Freedom Day.
Last year’s date, April 26, was three days later than the previous year’s.
The Tax Foundation says this is because of economic growth leading to higher incomes and higher taxes.
This observation makes sense since our income tax system is progressive and therefore ___________.
This is also consistent with ____________.
a.
takes a higher percent of income, the greater one’s income – how automatic stabilizers work
b.
takes a lower percent of income, the greater one’s income – how automatic stabilizers work
c.
takes a higher percent of income, the greater one’s income – the discretionary tools of fiscal policy
d.
takes a lower percent of income, the greater one’s income – monetary policy
3.
A house is a ______________ asset, and therefore this means that it takes ________ to recover its true value in the marketplace.
a.
liquid
-- much time
b.
non-liquid
-- much time
c.
liquid – very little time
d.
non-liquid
-- very little time
4
."An increase in national income increases aggregate demand more than the initial increase in spending."
The preceding statement describes
a.
microeconomic supply and demand curves.
b.
macroeconomic supply and demand curves.
c.
the spending multiplier.
d.
the money multiplier.
e.
both c) and d) are correct.
5.
If the Fed buys $1,000 worth of bonds and the banking multiplier is 8, then
a.
the reserve ratio is 12.5 percent.
b.
the potential money supply increase is greater than $1,000.
c.
there must also be a government spending increase or the Fed would not be buying the bonds.
d.
all of the above.
e.
both a) and b) are correct.
6.
Both fiscal and monetary policy affect the money supply.
a.
true
b.
false
7.
The Fed is considered "autonomous."
In practice this means the Board of Governors
a.
run for reelection every 4 years.
b.
are more insulated from the wishes of the voters than Congress.
c.
are less insulated from the wishes of the voters than Congress.
d.
can do whatever they please since they have lifetime appointments.
8.
Which of the policy combinations given below would consistently work in the direction of decreasing the rate of growth of the money supply?
a.
Raise the discount rate, lower the reserve requirement and engage in open mar.
1.The tax multiplier associated with a $10B reduction in taxes i.docxhyacinthshackley2629
1.
The tax multiplier associated with a $10B reduction in taxes is _______ the spending multiplier associated with a $10B increase in government spending because __________
a.
the same quantity as / a tax change will either put more income into or out of savings
b.
smaller than / a tax change also involves a change in savings in the first round of spending
c.
larger than / taxes cause more discretionary income to be spent whether it is a tax increase or a tax decrease
d.
smaller than / the tax multiplier is usually very unstable
2.
Each year the Tax Foundation calculates the day of the year the average income earner has to work in order to pay taxes. This is known as Tax Freedom Day. Last year’s date, April 26, was three days later than the previous year’s. The Tax Foundation says this is because of economic growth leading to higher incomes and higher taxes.
This observation makes sense since our income tax system is progressive and therefore ___________. This is also consistent with ____________.
a.
takes a higher percent of income, the greater one’s income – how automatic stabilizers work
b.
takes a lower percent of income, the greater one’s income – how automatic stabilizers work
c.
takes a higher percent of income, the greater one’s income – the discretionary tools of fiscal policy
d.
takes a lower percent of income, the greater one’s income – monetary policy
3.
A house is a ______________ asset, and therefore this means that it takes ________ to recover its true value in the marketplace.
a.
liquid -- much time
b.
non-liquid -- much time
c.
liquid – very little time
d.
non-liquid -- very little time
4
."An increase in national income increases aggregate demand more than the initial increase in spending." The preceding statement describes
a.
microeconomic supply and demand curves.
b.
macroeconomic supply and demand curves.
c.
the spending multiplier.
d.
the money multiplier.
e.
both c) and d) are correct.
5.
If the Fed buys $1,000 worth of bonds and the banking multiplier is 8, then
a.
the reserve ratio is 12.5 percent.
b.
the potential money supply increase is greater than $1,000.
c.
there must also be a government spending increase or the Fed would not be buying the bonds.
d.
all of the above.
e.
both a) and b) are correct.
6.
Both fiscal and monetary policy affect the money supply.
a.
true
b.
false
7.
The Fed is considered "autonomous." In practice this means the Board of Governors
a.
run for reelection every 4 years.
b.
are more insulated from the wishes of the voters than Congress.
c.
are less insulated from the wishes of the voters than Congress.
d.
can do whatever they please since they have lifetime appointments.
8.
Which of the policy combinations given below would consistently work in the direction of decreasing the rate of growth of the money supply?
a.
Raise the discount rate, lower the reserve requirement and engage in open market sales.
b.
Lower the discount rate, lower the res.
11-1
Macroeconomics
Instructor: Jen Dinsmore Hanson
Homework Assignment
Chapter 11
Multiple Choice Questions
1. Say's law
A. was a basic pillar of classical economics.
B. was a basic pillar of Keynesian economics.
C. was formulated during the Great Depression.
D. proves that we can never have full employment.
2. Which question did John Maynard Keynes pose for the classical economists?
A. What if their policies led to inflation?
B. What if savings and investment were not equal?
C. What if government intervention did not cure a recession?
D. John Maynard Keynes posed none of these questions
3. At equilibrium GDP
A. Savings = investment, but aggregate demand does not equal aggregate supply.
B. Savings = investment and aggregate demand = aggregate supply.
C. Savings does not equal investment and aggregate demand does not equal aggregate supply.
D. Savings does not equal investment, but aggregate demand = aggregate supply.
4. Laissez-faire economics was advocated by
A. both Keynes and the classicals.
B. neither Keynes nor the classicals.
C. the classicals, but not by Keynes.
D. Keynes, but not by the classicals.
5. When the average price level in the United States, relative to the average price levels in
other countries, rises, this tends to
A. raise imports and exports.
B. lower imports and exports.
C. raise imports and lower exports.
D. lower imports and raise exports.
6. According to the classicals, our economy can produce beyond the full employment output
A. only in the short run.
B. only in the long run.
C. in both the short run and the long run.
D. in neither the short run nor the long run.
11-2
7. Keynes and the classicals used _____ aggregate demand and supply apparatuses and came
to _____ conclusions.
A. the same; the same
B. different; different
C. the same; different
D. different; the same
8. John Maynard Keynes
A. agreed with classical writers that strong automatic pressures drive market economies to full
employment.
B. focused on attaining the long-run macroeconomic goal of high, but stable economic
growth.
C. argued that a market economy might become stuck in a short-run equilibrium in which
substantial capital and labor lay idle.
D. argued that short-run equilibrium occurs only at full employment.
9. The notion that everything the economy produces is purchased
A. sums up Say's law.
B. can be restated as "demand creates its own supply."
C. refers to the real balance effect.
D. was a critical assumption Keynes made in explaining the worldwide depression of the
1930s.
10. If the economy is in the vertical portion of the AS curve, what will be the effect of an
increase in the price level on output produced?
A. Output will increase at a very rapid rate
B. Output will not change
C. Output will only slightly increase
D. Output change cannot be predicted from information given
11. The wealth or.
Some of the questions have a image involved. I have attached those .docxboadverna
Some of the questions have a image involved. I have attached those images with the quesiton number as the file name.
1. Which statement is true?
a. Today more workers in the U.S. are members of labor unions than any time in our history
b. Today labor unions are weaker than any time in the last 100 years
c. No major labor union has called a strike since the 1940’s
d. Labor unions are relatively strong in the public (government) sector.
2. Exclusive union strategy involves
a. Increasing the demand for the final product, thereby increasing the demand for labor
b. Restricting the supply of union labor
c. Setting job standards and entry qualifications for members
d. Organizing all workers and bargaining for a wage
e. Negotiating only after a strike has been called
3. An example of an exclusive union would be
a. The Internal Brotherhood of the Teamsters
b. The Communications Workers of America
c. The American Medical Association
4. In which one of these years was labor union membership the highest?
a. 1940
b. 1960
c. 1980
d. 1990
5. Which of the following laws stated that attempts to monopolize conspiracies in restraint of trade, and conspiracies to monopolize were illegal?
a. The Federal Trade Commission Act
b. The Clayton Act
c. The Sherman Antitrust Act
d. All of the Choices
e. None of the Choices
6. Until the passage of the Airline Deregulation Act of 1978, the Civil Aeronautics Board controlled all of the following Except?
a. Fares
b. Assigned routes
c. Profits
d. Entry into the industry
7. The Clayton Act prohibited
A. interlocking directories
B. all forms of monopoly
C. foreign control of US corporations
D. False and deceptive advertising
8. Which statement is true?
a. Microsoft is subject to American antitrust laws but not those of Europe, Asia, or elsewhere
b. Microsoft has never been involved in anti -trust suit
c. The European Commission fined Microsoft over 600 billion for its anticompetitive behavior
d. Microsoft has always gone out of its way to be helpful to its competitors
9. A monopolist operated at the minimum point of her ATC curve
a. Only in the short run
b. Only in the long run
c. In both the short and long run
d. In neither the short nor the long run
10. Which of the following is characteristic of a monopoly?
a. The absence of political power
b. Close substitutes products
c. The ability to make an economic profit in the long run
d. Operating at peak efficiency
11. The firm will charge a price of (image involved)
a. 8
b. 9.65
c. 10.
d. 12.
e. 16
12. Statement I Only natural monopolies are legal in the U.S.
Statement II: Large firms generally operate at peak efficiency
A. Statement I is true and statement II is false
B. Statement II is true and statement I is false
C. Both statements are true
D. Both statements are false
13. The nation’s largest bank has assets over
a. 2.5 billion
b. 25 billion
c. 250 billion
d. 800 billion
e. 1.8 trillion
14. Which statement is true?
A. Our money supply is fixed by law and can be raised b.
Page 1 of 17 ECON 201 Introduction to Macroeconomics .docxalfred4lewis58146
Page 1 of 17
ECON 201: Introduction to Macroeconomics
Final Exam
December 5, 2011
NAME: _________________________________
Circle your TA’s name: Agustin Brian Meysam
Circle your section time: 9 a.m. 3 p.m.
INSTRUCTIONS:
1. The exam lasts 2 hours.
2. The exam is worth 120 points in total: 45 points for the multiple choice questions (Part A), and
75 points for the six analytical problems (Part B).
3. Write your answers for part A (the multiple choice section) in the blanks below. You won’t
get credit for circled answers in the multiple choice section. There is no penalty to guessing, so
be sure to answer all of them.
4. Place all of your answers for part B in the space provided.
5. You must show your work for part B questions. There is no need to explain your answers for the
multiple choice questions.
6. Calculators are permitted. Books, notes, reference materials, etc. are prohibited.
7. Good luck!
PART A: Multiple Choice Problems. Answer multiple choice questions in the space provided
below. PLEASE USE CAPITAL LETTERS.
1 11 21 31 41
2 12 22 32 42
3 13 23 33 43
4 14 24 34 44
5 15 25 35 45
6 16 26 36
7 17 27 37
8 18 28 38
9 19 29 39
10 20 30 40
MC Q1 Q2 Q3 Q4 Q5 Q6 Total
Page 2 of 17
Part A. Multiple Choice Questions (45 points)
1. Money is
A) backed by gold in Fort Knox.
B) the same as income.
C) the value of all coins and currency in circulation at any time.
D) anything that is generally accepted as a medium of exchange.
2. The development of money as a medium of exchange has facilitated the expansion of trade because
A) holding money increases people's income.
B) no other mediums of exchange are available.
C) money eliminates the "double coincidence of wants" problem.
D) holding money increases people's wealth.
3. The price of bonds and the interest rate are
A) not related.
B) positively related.
C) negatively related.
D) sometimes positively related and other times negatively related, depending on the bond payments.
4. As the interest rate falls, people hold ________ money instead of bonds because the opportunity cost of
holding money has ________.
A) more; fallen
B) more; risen
C) less; fallen
D) less; risen
5. The lecture and readings explain the recent rise in food prices by
A) Subsidies to ethanol
B) Economic growth in China
C) Economic growth in the US
D) Quotas on corn imports
E) A) and B)
F) A) and D)
6. An example of a contractionary monetary policy is
A) an increase in the required reserve ratio.
B) a reduction in the taxes banks pay on their profits.
C) a decrease in the discount rate.
D) the Fed buying government securities in the open market.
7. Which of the following sequence of events follows an expansionary monetary policy?
A) r↓ ⇒ I↓ ⇒ AE↓ ⇒ Y↓.
B) r↑ ⇒ I↑ ⇒ AE↓ ⇒ Y↑.
C) r↑ ⇒ I↓ ⇒ AE↓ ⇒ Y↓.
D) r↓ ⇒ I↑ ⇒ AE↑ ⇒ Y↑.
Page 3 of 17
.
1.The tax multiplier associated with a $10B reduction in t.docxelliotkimberlee
1.
The tax multiplier associated with a $10B reduction in taxes is _______ the spending multiplier associated with a $10B increase in government spending because __________
a.
the same quantity as / a tax change will either put more income into or out of savings
b.
smaller than / a tax change also involves a change in savings in the first round of spending
c.
larger than / taxes cause more discretionary income to be spent whether it is a tax increase or a tax decrease
d.
smaller than / the tax multiplier is usually very unstable
2.
Each year the Tax Foundation calculates the day of the year the average income earner has to work in order to pay taxes.
This is known as Tax Freedom Day.
Last year’s date, April 26, was three days later than the previous year’s.
The Tax Foundation says this is because of economic growth leading to higher incomes and higher taxes.
This observation makes sense since our income tax system is progressive and therefore ___________.
This is also consistent with ____________.
a.
takes a higher percent of income, the greater one’s income – how automatic stabilizers work
b.
takes a lower percent of income, the greater one’s income – how automatic stabilizers work
c.
takes a higher percent of income, the greater one’s income – the discretionary tools of fiscal policy
d.
takes a lower percent of income, the greater one’s income – monetary policy
3.
A house is a ______________ asset, and therefore this means that it takes ________ to recover its true value in the marketplace.
a.
liquid
-- much time
b.
non-liquid
-- much time
c.
liquid – very little time
d.
non-liquid
-- very little time
4
."An increase in national income increases aggregate demand more than the initial increase in spending."
The preceding statement describes
a.
microeconomic supply and demand curves.
b.
macroeconomic supply and demand curves.
c.
the spending multiplier.
d.
the money multiplier.
e.
both c) and d) are correct.
5.
If the Fed buys $1,000 worth of bonds and the banking multiplier is 8, then
a.
the reserve ratio is 12.5 percent.
b.
the potential money supply increase is greater than $1,000.
c.
there must also be a government spending increase or the Fed would not be buying the bonds.
d.
all of the above.
e.
both a) and b) are correct.
6.
Both fiscal and monetary policy affect the money supply.
a.
true
b.
false
7.
The Fed is considered "autonomous."
In practice this means the Board of Governors
a.
run for reelection every 4 years.
b.
are more insulated from the wishes of the voters than Congress.
c.
are less insulated from the wishes of the voters than Congress.
d.
can do whatever they please since they have lifetime appointments.
8.
Which of the policy combinations given below would consistently work in the direction of decreasing the rate of growth of the money supply?
a.
Raise the discount rate, lower the reserve requirement and engage in open mar.
1.The tax multiplier associated with a $10B reduction in taxes i.docxhyacinthshackley2629
1.
The tax multiplier associated with a $10B reduction in taxes is _______ the spending multiplier associated with a $10B increase in government spending because __________
a.
the same quantity as / a tax change will either put more income into or out of savings
b.
smaller than / a tax change also involves a change in savings in the first round of spending
c.
larger than / taxes cause more discretionary income to be spent whether it is a tax increase or a tax decrease
d.
smaller than / the tax multiplier is usually very unstable
2.
Each year the Tax Foundation calculates the day of the year the average income earner has to work in order to pay taxes. This is known as Tax Freedom Day. Last year’s date, April 26, was three days later than the previous year’s. The Tax Foundation says this is because of economic growth leading to higher incomes and higher taxes.
This observation makes sense since our income tax system is progressive and therefore ___________. This is also consistent with ____________.
a.
takes a higher percent of income, the greater one’s income – how automatic stabilizers work
b.
takes a lower percent of income, the greater one’s income – how automatic stabilizers work
c.
takes a higher percent of income, the greater one’s income – the discretionary tools of fiscal policy
d.
takes a lower percent of income, the greater one’s income – monetary policy
3.
A house is a ______________ asset, and therefore this means that it takes ________ to recover its true value in the marketplace.
a.
liquid -- much time
b.
non-liquid -- much time
c.
liquid – very little time
d.
non-liquid -- very little time
4
."An increase in national income increases aggregate demand more than the initial increase in spending." The preceding statement describes
a.
microeconomic supply and demand curves.
b.
macroeconomic supply and demand curves.
c.
the spending multiplier.
d.
the money multiplier.
e.
both c) and d) are correct.
5.
If the Fed buys $1,000 worth of bonds and the banking multiplier is 8, then
a.
the reserve ratio is 12.5 percent.
b.
the potential money supply increase is greater than $1,000.
c.
there must also be a government spending increase or the Fed would not be buying the bonds.
d.
all of the above.
e.
both a) and b) are correct.
6.
Both fiscal and monetary policy affect the money supply.
a.
true
b.
false
7.
The Fed is considered "autonomous." In practice this means the Board of Governors
a.
run for reelection every 4 years.
b.
are more insulated from the wishes of the voters than Congress.
c.
are less insulated from the wishes of the voters than Congress.
d.
can do whatever they please since they have lifetime appointments.
8.
Which of the policy combinations given below would consistently work in the direction of decreasing the rate of growth of the money supply?
a.
Raise the discount rate, lower the reserve requirement and engage in open market sales.
b.
Lower the discount rate, lower the res.
11-1
Macroeconomics
Instructor: Jen Dinsmore Hanson
Homework Assignment
Chapter 11
Multiple Choice Questions
1. Say's law
A. was a basic pillar of classical economics.
B. was a basic pillar of Keynesian economics.
C. was formulated during the Great Depression.
D. proves that we can never have full employment.
2. Which question did John Maynard Keynes pose for the classical economists?
A. What if their policies led to inflation?
B. What if savings and investment were not equal?
C. What if government intervention did not cure a recession?
D. John Maynard Keynes posed none of these questions
3. At equilibrium GDP
A. Savings = investment, but aggregate demand does not equal aggregate supply.
B. Savings = investment and aggregate demand = aggregate supply.
C. Savings does not equal investment and aggregate demand does not equal aggregate supply.
D. Savings does not equal investment, but aggregate demand = aggregate supply.
4. Laissez-faire economics was advocated by
A. both Keynes and the classicals.
B. neither Keynes nor the classicals.
C. the classicals, but not by Keynes.
D. Keynes, but not by the classicals.
5. When the average price level in the United States, relative to the average price levels in
other countries, rises, this tends to
A. raise imports and exports.
B. lower imports and exports.
C. raise imports and lower exports.
D. lower imports and raise exports.
6. According to the classicals, our economy can produce beyond the full employment output
A. only in the short run.
B. only in the long run.
C. in both the short run and the long run.
D. in neither the short run nor the long run.
11-2
7. Keynes and the classicals used _____ aggregate demand and supply apparatuses and came
to _____ conclusions.
A. the same; the same
B. different; different
C. the same; different
D. different; the same
8. John Maynard Keynes
A. agreed with classical writers that strong automatic pressures drive market economies to full
employment.
B. focused on attaining the long-run macroeconomic goal of high, but stable economic
growth.
C. argued that a market economy might become stuck in a short-run equilibrium in which
substantial capital and labor lay idle.
D. argued that short-run equilibrium occurs only at full employment.
9. The notion that everything the economy produces is purchased
A. sums up Say's law.
B. can be restated as "demand creates its own supply."
C. refers to the real balance effect.
D. was a critical assumption Keynes made in explaining the worldwide depression of the
1930s.
10. If the economy is in the vertical portion of the AS curve, what will be the effect of an
increase in the price level on output produced?
A. Output will increase at a very rapid rate
B. Output will not change
C. Output will only slightly increase
D. Output change cannot be predicted from information given
11. The wealth or.
Some of the questions have a image involved. I have attached those .docxboadverna
Some of the questions have a image involved. I have attached those images with the quesiton number as the file name.
1. Which statement is true?
a. Today more workers in the U.S. are members of labor unions than any time in our history
b. Today labor unions are weaker than any time in the last 100 years
c. No major labor union has called a strike since the 1940’s
d. Labor unions are relatively strong in the public (government) sector.
2. Exclusive union strategy involves
a. Increasing the demand for the final product, thereby increasing the demand for labor
b. Restricting the supply of union labor
c. Setting job standards and entry qualifications for members
d. Organizing all workers and bargaining for a wage
e. Negotiating only after a strike has been called
3. An example of an exclusive union would be
a. The Internal Brotherhood of the Teamsters
b. The Communications Workers of America
c. The American Medical Association
4. In which one of these years was labor union membership the highest?
a. 1940
b. 1960
c. 1980
d. 1990
5. Which of the following laws stated that attempts to monopolize conspiracies in restraint of trade, and conspiracies to monopolize were illegal?
a. The Federal Trade Commission Act
b. The Clayton Act
c. The Sherman Antitrust Act
d. All of the Choices
e. None of the Choices
6. Until the passage of the Airline Deregulation Act of 1978, the Civil Aeronautics Board controlled all of the following Except?
a. Fares
b. Assigned routes
c. Profits
d. Entry into the industry
7. The Clayton Act prohibited
A. interlocking directories
B. all forms of monopoly
C. foreign control of US corporations
D. False and deceptive advertising
8. Which statement is true?
a. Microsoft is subject to American antitrust laws but not those of Europe, Asia, or elsewhere
b. Microsoft has never been involved in anti -trust suit
c. The European Commission fined Microsoft over 600 billion for its anticompetitive behavior
d. Microsoft has always gone out of its way to be helpful to its competitors
9. A monopolist operated at the minimum point of her ATC curve
a. Only in the short run
b. Only in the long run
c. In both the short and long run
d. In neither the short nor the long run
10. Which of the following is characteristic of a monopoly?
a. The absence of political power
b. Close substitutes products
c. The ability to make an economic profit in the long run
d. Operating at peak efficiency
11. The firm will charge a price of (image involved)
a. 8
b. 9.65
c. 10.
d. 12.
e. 16
12. Statement I Only natural monopolies are legal in the U.S.
Statement II: Large firms generally operate at peak efficiency
A. Statement I is true and statement II is false
B. Statement II is true and statement I is false
C. Both statements are true
D. Both statements are false
13. The nation’s largest bank has assets over
a. 2.5 billion
b. 25 billion
c. 250 billion
d. 800 billion
e. 1.8 trillion
14. Which statement is true?
A. Our money supply is fixed by law and can be raised b.
Page 1 of 17 ECON 201 Introduction to Macroeconomics .docxalfred4lewis58146
Page 1 of 17
ECON 201: Introduction to Macroeconomics
Final Exam
December 5, 2011
NAME: _________________________________
Circle your TA’s name: Agustin Brian Meysam
Circle your section time: 9 a.m. 3 p.m.
INSTRUCTIONS:
1. The exam lasts 2 hours.
2. The exam is worth 120 points in total: 45 points for the multiple choice questions (Part A), and
75 points for the six analytical problems (Part B).
3. Write your answers for part A (the multiple choice section) in the blanks below. You won’t
get credit for circled answers in the multiple choice section. There is no penalty to guessing, so
be sure to answer all of them.
4. Place all of your answers for part B in the space provided.
5. You must show your work for part B questions. There is no need to explain your answers for the
multiple choice questions.
6. Calculators are permitted. Books, notes, reference materials, etc. are prohibited.
7. Good luck!
PART A: Multiple Choice Problems. Answer multiple choice questions in the space provided
below. PLEASE USE CAPITAL LETTERS.
1 11 21 31 41
2 12 22 32 42
3 13 23 33 43
4 14 24 34 44
5 15 25 35 45
6 16 26 36
7 17 27 37
8 18 28 38
9 19 29 39
10 20 30 40
MC Q1 Q2 Q3 Q4 Q5 Q6 Total
Page 2 of 17
Part A. Multiple Choice Questions (45 points)
1. Money is
A) backed by gold in Fort Knox.
B) the same as income.
C) the value of all coins and currency in circulation at any time.
D) anything that is generally accepted as a medium of exchange.
2. The development of money as a medium of exchange has facilitated the expansion of trade because
A) holding money increases people's income.
B) no other mediums of exchange are available.
C) money eliminates the "double coincidence of wants" problem.
D) holding money increases people's wealth.
3. The price of bonds and the interest rate are
A) not related.
B) positively related.
C) negatively related.
D) sometimes positively related and other times negatively related, depending on the bond payments.
4. As the interest rate falls, people hold ________ money instead of bonds because the opportunity cost of
holding money has ________.
A) more; fallen
B) more; risen
C) less; fallen
D) less; risen
5. The lecture and readings explain the recent rise in food prices by
A) Subsidies to ethanol
B) Economic growth in China
C) Economic growth in the US
D) Quotas on corn imports
E) A) and B)
F) A) and D)
6. An example of a contractionary monetary policy is
A) an increase in the required reserve ratio.
B) a reduction in the taxes banks pay on their profits.
C) a decrease in the discount rate.
D) the Fed buying government securities in the open market.
7. Which of the following sequence of events follows an expansionary monetary policy?
A) r↓ ⇒ I↓ ⇒ AE↓ ⇒ Y↓.
B) r↑ ⇒ I↑ ⇒ AE↓ ⇒ Y↑.
C) r↑ ⇒ I↓ ⇒ AE↓ ⇒ Y↓.
D) r↓ ⇒ I↑ ⇒ AE↑ ⇒ Y↑.
Page 3 of 17
.
Midterm - Summer 20131. (Points 5) The worst rece.docxannandleola
Midterm - Summer 2013
1.
(Points: 5)
The worst recession since World War II started in which year?
a. 1953
b. 1957
c. 1973
d. 1981
e. 2007
Save Answer
2.
(Points: 5)
Each of the following was an effect of cheap or free land during the 19th century except
a. a high marriage rate.
b. a high birth rate.
c. a high rate of immigration.
d. a rapid rate of technological development.
e. a high rate of migration from the farms to the cities.
Save Answer
3.
(Points: 5)
The mechanical reaper was invented by
a. Eli Whitney.
b. The Marsh brothers.
c. John Deere.
d. Cyrus McCormick.
Save Answer
4.
(Points: 5)
The New Deal was the economic program of
a. Herbert Hoover.
b. Franklin D. Roosevelt.
c. Dwight D. Eisenhower.
d. Lyndon B. Johnson.
e. Ronald Reagan.
Save Answer
5.
(Points: 5)
Comparing the United States economy in 1900 with our economy today, all of the following are still present EXCEPT
a. large agricultural surpluses.
b. an abundance of entrepreneurial ability.
c. "cutting edge" technological progress.
d. a positive balance of trade with the rest of the world.
Save Answer
6.
(Points: 5)
Who promised "two cars in every garage and a chicken in every pot?"
a. Herbert Hoover
b. Franklin D. Roosevelt
c. Dwight D. Eisenhower
d. John F. Kennedy
e. Ronald Reagan
Save Answer
7.
(Points: 5)
The most accurate appraisal of the American economy early in the 21st century would be that we
a. had the largest economy in the world with no major economic problems.
b. had the largest economy in the world, but were faced with some major economic problems.
c. did not have the largest economy in the world, and had no major economic problems.
d. did not have the largest economy in the world and did face some major economic problems.
Save Answer
8.
(Points: 5)
Under President Eisenhower the problem of inflation
a. got a lot worse.
b. got a little worse.
c. stayed about the same.
d. got a little better.
e. got a lot better.
Save Answer
9.
(Points: 5)
Statement I. President Ronald Reagan said that if we cut tax rates, people would have more incentive to work, output would rise, and inflation would subside. Statement II. President Reagan presided over the worst recession we have had since World War II.
a. Statement I is true and statement II is false.
b. Statement II is true and statement I is false.
c. Both statements are true.
d. Both statements are false.
Save Answer
10.
(Points: 5)
The transcontinental railroads were completed in the 25 years
a. before the Civil War.
b. after the Civil War.
c. after 1890.
d. after the 20th century began.
Save Answer
11.
(Points: 5)
Cyrus McCormick and Eli Whitney were important in the technology of
a. steel.
b. automobiles.
c. agriculture.
d. oil.
e. chemicals.
Save Answer
12.
(Points: 5)
The Great Depression began ...
1. Carolyn spends $2.50 for a hamburger at a restaurant. Which.docxjackiewalcutt
1. Carolyn spends $2.50 for a hamburger at a restaurant. Which of the following would be included in the gross domestic product?
A) The $2.50 Carolyn spends for the hamburger
B) The price the restaurant paid for the meat in the hamburger
C) The price the restaurant paid for the bun
D) all of the above
E) none of the above
2. Most goods and services included in the U.S. gross domestic product are bought by
A) businesses in the United States
B) state, local, and federal governments in the United States
C) people and businesses in other nations
D) consumers in the United states
E) none of the above
3. Which of the following makes an adjustment for both inflation and population change?
A) the consumer price index
B) the unemployment rate
C) real GDP per capita
D) final goods and services
E) all of the above
4. A nation’s standard of living will rise if
A) GDP and population increase at the same rate
B) real GDP per capita increases
C) population increases more than GDP
D) production and consumption decrease
E) all of the above
5. Productivity is
A) a measure of the total amount of goods manufactured.
B) a measure of how much output is produced per unit of input.
C) an unimportant statistic commonly ignored by economists.
D) an important measure of how the U.S. economy is doing.
E) B and D.
6. A nation’s productivity is directly affected by
A) the education of its labor force.
B) the amount of physical capital used.
C) the level of innovation used.
D) all of the above
E) none of the above
7. A farmer produces wheat and sells it for $.50. A miller buys the wheat, grinds it into flour, and sells the flour for $1.00. A baker buys the flour, produces a loaf of bread, and sells it to a consumer for $2.00. The amount added to gross domestic product in this example is
A) 50 cents
B) $1.00
C) $2.00
D) $3.50
E) none of the above
8. In the U.S. economy, the total value of goods and services produced per year is measured by
A) the gross domestic product.
B) the consumer price index.
C) the productivity of labor.
D) the Dow Jones Industrial Average.
E) none of the above
9. Which of the following best summarizes the key elements used to calculate the gross domestic product (GDP) of the United States using the expenditure approach?
A) business inventories, net imports, balance of payments
B) disposable income, consumer spending, housing starts
C) unemployment, factory wages, personal consumption, personal income
D) consumer spending, business investment, government spending, net exports
E) none of the above
10. A recession is said to occur when real gross domestic product (GDP) declines for a period of at least
A) two days
B) two weeks
C) two months
D) two quarters
E) two years
11. The consumer price index (CPI) is used to measure
A) inflation.
B) productivity.
C) gross domestic product.
D) structural unemployment.
E) all of the above
12. Which of the following best describes the difference between GDP and real GDP?
A) unlike GDP, real GDP measures only the val ...
1. (Points 5) The GDP is the value of all final goods and.docxdorishigh
1.
(Points: 5)
The GDP is the value of all final goods and services produced
a. within the nations boundaries.
b. by domestically owned companies.
c. by citizens of the country.
d. by domestically controlled companies.
Save Answer
2.
(Points: 5)
If our population doubles, our GDP quadruples, and our GDP deflator doubles, our per capita real GDP will
a. quadruple.
b. double.
c. stay exactly the same.
d. decline by 25 percent.
e. decline by 50 percent.
Save Answer
3.
(Points: 5)
For purposes of calculating GDP using the expenditure approach, which of the following payments is NOT included in the government spending component?
a. Social Security pensions
b. The wages paid by a local government to its road crew
c. The wages paid by a state government to the workers in its welfare department
d. The federal government's purchase of a submarine from a shipbuilder
e. None of the choices are correct
Save Answer
4.
(Points: 5)
Which of the following is an intermediate product?
a. A road
b. Steel
c. Bread
d. A TV set
e. An automobile
Save Answer
5.
(Points: 5)
National income is the sum of all of the following except
a. wages.
b. savings.
c. interest.
d. rent.
e. profits.
Save Answer
6.
(Points: 5)
Which of the following would increase GDP?
a. More imports
b. Additional leisure time
c. Government removing more litter from highway right of ways
d. People engaging in more "do-it-yourself" projects
Save Answer
7.
(Points: 5)
Which of the following would NOT be included in this year's GDP?
a. The purchase of 100 shares of Microsoft stock
b. The replacement of a muffler on a 1978 Chevy
c. The commission charged by a real estate agent
d. The services of a hair stylist
e. The tuition fee for a course in economics
Save Answer
8.
(Points: 5)
The largest item amount among those listed here is
a. national income.
b. net interest.
c. net domestic product.
d. corporate profits.
Save Answer
9.
(Points: 5)
If GDP increases faster than the GDP deflator,
a. real GDP will rise.
b. real GDP will fall.
c. real GDP will stay the same.
d. There is not enough information to determine what happens to real GDP.
Save Answer
10.
(Points: 5)
Which one of the following is taken into account by GDP?
a. Household production
b. Illegal production
c. Leisure time
d. Custom lawn care services
Save Answer
11.
(Points: 5)
The difference between GDP and NDP is
a. Who has control of the company.
b. Who receives the profit from the sale.
c. Where the money is spent.
d. Depreciation.
Save Answer
12.
(Points: 5)
In the equation C + I + G + Xn, the I is defined as
a. total new investments less a wear out allowance.
b. total investments in new plant and equipment, business inventory changes and new residential housing.
c. domestic consumer income.
d. total investments in new plant and equipment ...
Chapter 1 57.What is the difference between recession and de.docxsleeperharwell
Chapter 1
57.
What is the difference between recession and depression in an economy? Provide an example of depression from the real world that has hit the global economy.
Use the following to answer question 58:
Answer: When there is a mild fall in the gross domestic product (GDP) of an economy over a period of time it leads to recession in the economy. If the intensity of the fall in GDP is severe over a period of time, then it turns into a depression. Recession is cyclic in nature; that is, it repeats itself over a period of time in an economy. A famous example of depression is that of the Great Depression of the 1930s that occurred in the United States and affected the global economy. Even the financial crisis of 2008-2009 in the United States was very much reminiscent of the Great Depression.
58.
Refer to the following graph and identify the years for which Country A and Country B experienced recession.
Country A experienced its recession during 2003 and its early recovery during 2004. Country B experienced its first recession during 2002 and its early recovery in 2003. Country B experienced a second recession in 2007.
59.
Why do we call macroeconomics an imperfect science? Explain.
The study of macroeconomics depends mainly upon the historical data on different economies. Macroeconomists analyze these data to explain changes occurring in different economic parameters (income, prices, unemployment, etc.) and formulate policies. Additionally, macroeconomic studies cannot be conducted in controlled experiments, as in biology or chemistry, for example. In this way, macroeconomists are similar to weather forecasters.
60.
Are the terms “market clearing” and “equilibrium” one and the same? Explain.
Yes, both terms represent the same notion: the balance between supply and demand. It is the balancing point at which everything that is produced gets sold and fulfills the entire demand. Thus, if all other things remain constant, then there is no tendency to change the quantity supplied and demanded at this point.
61.
Do you agree with the statement, “macroeconomics rests on the foundation of microeconomics”? Explain.
Macroeconomics involves studying the aggregate of economic variables related to individual decision making parameters, which are microeconomic (think of individuals' expenses, investments, etc.). That is to say, the total expenditure in an economy is the aggregate (sum) of all the expenditures done by all consumers in that economy, or the total investment done in an economy is the aggregate (sum) of all individual investments done by firms in that economy. This reflects that macroeconomic study rests on the foundation of microeconomics.
62.
Give two examples of macroeconomic variables and microeconomic variables.
The income of your father is a microeconomic variable, while the gross domestic product (GDP) of your country is a macroeconomic variable. The money your father saves in the bank is a microeconomic va.
1. Planet Earth is our only home for the time being. As global.docxbraycarissa250
1. Planet Earth is our only home for the time being. As global
populations grow and our resources dwindle, we should
worry more about the issues of SCARCITY AND CHOICE. All
parts of this question are part of the topic called Intro to
some key concepts of Economics.
i. There are 17 Rare Earth Elements. Pick any 5 of
them, and for EACH of the 5, explain in detail why
they are so critical to us. Use Google to look the
up.
Include in your answer:
a. what it used for,
b. why are those things so critical?
c. Where in the world the resource is
located.
d. And approximately how much is left.
e. For EACH of the 5, please explain 3
things we need to start doing today
to avoid running out of that
resource. It is very important that
you provide thorough and complete
explanations here.
b. The theory of rational behavior says that we humans
act in our own self-interest. Given our actual behavior
and the decisions we have made and are continuing
to make relative to the planet, please:
i. What does over-pumping of aquifers really
mean? Use Google to gather info.
ii. Is continued over-pumping of aquifers around the
world is in our best interest. If yes, explain why. If
no, explain why not.
iii. Explain how the continued over-pumping of
aquifers in America, China, and India, could
impact our ability to survive on the planet. This
will require that you find out what things these 3
nations have in common that are related to
aquifers. Connect the dots and explain how our
ability to survive on the planet could be
impacted by continued over pumping of
aquifers. Please provide plenty of detail here.
Google can help!
iv. Explain in detail 3 things we can do to stop the
over-pumping problem. Hint: Focus on the top
uses of water in the world.
c. Utility Concepts:
i. Explain the 3 concepts: Utility, Marginal Utility,
and Diminishing Marginal Utility.
ii. Explain 3 examples of EACH of those 3 concepts
as they might be applied to the Keystone XL
Pipeline project.
d. The Theory of Consumer Behavior: this material is
provided in the slides and audio lecture.
i. Explain EACH of the key assumptions of the
Theory of Consumer Behavior and what the
theory tells us. Read the slide and listen to the
audio lecture.
ii. Does the theory of consumer behavior reflect
reality? If yes, then why. If no, the why not.
e. Marginal analysis is a decision-making tool.
i. Please define Marginal Cost
ii. Please define Marginal Benefit,
iii. Explain the following 3 cases in terms of what you
should do regarding the activity involved. Should
we do more of the activity, less of the activity, or
keep doing the same? Explain why in each case.
1. MB>MC
2. MC>MB
3. MC=MB
iv. Explain 3 examples of MC related to the Keystone
XL Pipeline question.
v. Explain 3 examples of MB related to the Keystone
XL Pipeline question.
2. The Production Possibilities Model is one of the first Economic
Models students learn about. Please refer to th.
This has to have references that have the web addresses. I need th.docxmeagantobias
This has to have references that have the web addresses.
I need this by wedensday. I have a death in the family and need to have all this done before I travel.
Assume that you have been assigned to explain the following to UPC’s capital planning committee:
Challenges associated with the capital planning process
Risks involved in capital planning
Techniques for minimizing the risks
.
THis doesnt necessarily refer to social culture as you know, rather.docxmeagantobias
THis doesn't necessarily refer to social culture as you know, rather organizational culture such as values etc.
"
Utilizing independent research and your own experience, how can a healthy culture aid an organization in accomplishing its goals? Provide at least one scholarly source in addition to the course material to substantiate your ideas. In your responses to at least two of your classmates’ postings by Day 7, provide at least two additional components of a healthy culture in an organizational workplace."
.
This discussion is not a graded item but should be used to discuss a.docxmeagantobias
This discussion is not a graded item but should be used to discuss and ask questions regarding the lecture material.
Read Chapter 1 and Chapter 2 (pgs. 12-39)
Review Map of Ancient Egypt - folder
Study Guide:
Which Dynasties comprised the Early Dynastic Period?
How did Egyptians view art and what was its primary function?
Who were the major deities Egyptians worshipped?
How was duality, order vs. chaos, explored in Egyptian symbols?
What is the importance of the decorations on the temple of Horus at Edfu, fig. 5?
What is ka?
Why did the majority of Egyptian statues exhibit ‘frontality’?
What was the function of three-dimensional figures of servants and non-elites?
Explain how a figure is represented in a two-dimensional plane, such as a wall illustration?
How did hieroglyphics function in Egyptian art?
What types of materials did Egyptian artists have access to?
What is the subject matter of the famous Narmer palette?
Describe the function and design of a serekh?
.
This essay should be roughly 3-5 concise paragraphs. It should provi.docxmeagantobias
This essay should be roughly 3-5 concise paragraphs. It should provide information regarding why you are interested in this program or course; how your background and future goals may relate to this program; the academic and personal benefits that you hope to receive by participating in this program; and why you would like to study
Bosphorus University in Istanbul.
It is one the best universities in Turkey. It is considered as the Harvard. I would like to study Political Science in order to broaden my knowledge about Turkish government and international relations. I believe I can make great networks and connection by attending this univeristy. It is really a prominent university that everyone has to have in their resume.
.
This discussion provides an opportunity to evaluate a variety of dig.docxmeagantobias
This discussion provides an opportunity to evaluate a variety of digital and assistive technologies for supporting diverse learners. Based on the required readings from Housand & Housand (2012), McCombs (2000), and Page (2002), you know that research shows that effective technology integration can support student motivation, engagement, and interest in learning. Furthermore, research has shown that through thoughtful integration of audio, video, and other media, instruction can be differentiated, ultimately increasing a student’s motivation to learn. To explore this research, in this discussion you will analyze how technology integration can be used as a method of intervention to meet the needs of diverse learners. To prepare for this discussion, review the Week Two Instructor Guidance and the Required Resources for the week. Next, access either The
Teaching Channel
or
Edutopia
and conduct a search using the key words “using technology for learning motivation” or similar. Select one video that can inform your response to the discussion points below. If for some reason you are unable to support your response to this discussion using the video option, please contact your instructor for an alternative way to complete this discussion.
Initial Post:
Respond with an initial post that includes the following components:
Provide a link to the video you viewed and a succinct description of the video’s focus, such as the grade-level of students, the educator(s) involved, and the subject being taught (e.g., science or language arts).
In at least one paragraph, describe how the technology is being used in the video and describe what you observed in the video that informs you that students’ motivation is increased or otherwise supported due to the use of the technology.
Next, succinctly describe how the use of the technology promotes students’ engagement during the learning process.
Finally, describe the extent to which the use of technology and its motivating factors outweighs the potential challenges the educator might face in acquiring the technology and learning how to effectively implement it.
.
This debate is based on the following scenarioLyone, Inc. is a no.docxmeagantobias
This debate is based on the following scenario:
Lyone, Inc. is a non-union manufacturer of consumer household goods. Their industry is largely union, yet they have remained without a union because employees have always felt that they could work well with management and that management protected the employees and treated them fairly. Recently, the employees have sought a pay increase after accepting a wage freeze last year. The economy has improved, production is at an all-time high, and employees want to be rewarded for their efforts and loyalty.
The Board of Directors is aware that with the high earnings recently announced, shareholders are expecting high returns after a dismal four quarters last year. If they approve a modest pay increase for the employees who accepted the wage freeze last year, they will not be able to release the high-rate dividends to shareholders. Also, the Board fears that a failure to comply with the reasonable employee demand might prompt the employees to seek union representation, something the Board does not want to encounter.
(me)
Students whose last names begin with the letters L through Z will assume the roles of directors who wish to provide a high-return dividend to the shareholders. These students should clearly indicate their position on the debate by beginning each Threaded Discussion post with the heading "INCREASE DIVIDEND."
10 word apa with references
.
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Midterm - Summer 20131. (Points 5) The worst rece.docxannandleola
Midterm - Summer 2013
1.
(Points: 5)
The worst recession since World War II started in which year?
a. 1953
b. 1957
c. 1973
d. 1981
e. 2007
Save Answer
2.
(Points: 5)
Each of the following was an effect of cheap or free land during the 19th century except
a. a high marriage rate.
b. a high birth rate.
c. a high rate of immigration.
d. a rapid rate of technological development.
e. a high rate of migration from the farms to the cities.
Save Answer
3.
(Points: 5)
The mechanical reaper was invented by
a. Eli Whitney.
b. The Marsh brothers.
c. John Deere.
d. Cyrus McCormick.
Save Answer
4.
(Points: 5)
The New Deal was the economic program of
a. Herbert Hoover.
b. Franklin D. Roosevelt.
c. Dwight D. Eisenhower.
d. Lyndon B. Johnson.
e. Ronald Reagan.
Save Answer
5.
(Points: 5)
Comparing the United States economy in 1900 with our economy today, all of the following are still present EXCEPT
a. large agricultural surpluses.
b. an abundance of entrepreneurial ability.
c. "cutting edge" technological progress.
d. a positive balance of trade with the rest of the world.
Save Answer
6.
(Points: 5)
Who promised "two cars in every garage and a chicken in every pot?"
a. Herbert Hoover
b. Franklin D. Roosevelt
c. Dwight D. Eisenhower
d. John F. Kennedy
e. Ronald Reagan
Save Answer
7.
(Points: 5)
The most accurate appraisal of the American economy early in the 21st century would be that we
a. had the largest economy in the world with no major economic problems.
b. had the largest economy in the world, but were faced with some major economic problems.
c. did not have the largest economy in the world, and had no major economic problems.
d. did not have the largest economy in the world and did face some major economic problems.
Save Answer
8.
(Points: 5)
Under President Eisenhower the problem of inflation
a. got a lot worse.
b. got a little worse.
c. stayed about the same.
d. got a little better.
e. got a lot better.
Save Answer
9.
(Points: 5)
Statement I. President Ronald Reagan said that if we cut tax rates, people would have more incentive to work, output would rise, and inflation would subside. Statement II. President Reagan presided over the worst recession we have had since World War II.
a. Statement I is true and statement II is false.
b. Statement II is true and statement I is false.
c. Both statements are true.
d. Both statements are false.
Save Answer
10.
(Points: 5)
The transcontinental railroads were completed in the 25 years
a. before the Civil War.
b. after the Civil War.
c. after 1890.
d. after the 20th century began.
Save Answer
11.
(Points: 5)
Cyrus McCormick and Eli Whitney were important in the technology of
a. steel.
b. automobiles.
c. agriculture.
d. oil.
e. chemicals.
Save Answer
12.
(Points: 5)
The Great Depression began ...
1. Carolyn spends $2.50 for a hamburger at a restaurant. Which.docxjackiewalcutt
1. Carolyn spends $2.50 for a hamburger at a restaurant. Which of the following would be included in the gross domestic product?
A) The $2.50 Carolyn spends for the hamburger
B) The price the restaurant paid for the meat in the hamburger
C) The price the restaurant paid for the bun
D) all of the above
E) none of the above
2. Most goods and services included in the U.S. gross domestic product are bought by
A) businesses in the United States
B) state, local, and federal governments in the United States
C) people and businesses in other nations
D) consumers in the United states
E) none of the above
3. Which of the following makes an adjustment for both inflation and population change?
A) the consumer price index
B) the unemployment rate
C) real GDP per capita
D) final goods and services
E) all of the above
4. A nation’s standard of living will rise if
A) GDP and population increase at the same rate
B) real GDP per capita increases
C) population increases more than GDP
D) production and consumption decrease
E) all of the above
5. Productivity is
A) a measure of the total amount of goods manufactured.
B) a measure of how much output is produced per unit of input.
C) an unimportant statistic commonly ignored by economists.
D) an important measure of how the U.S. economy is doing.
E) B and D.
6. A nation’s productivity is directly affected by
A) the education of its labor force.
B) the amount of physical capital used.
C) the level of innovation used.
D) all of the above
E) none of the above
7. A farmer produces wheat and sells it for $.50. A miller buys the wheat, grinds it into flour, and sells the flour for $1.00. A baker buys the flour, produces a loaf of bread, and sells it to a consumer for $2.00. The amount added to gross domestic product in this example is
A) 50 cents
B) $1.00
C) $2.00
D) $3.50
E) none of the above
8. In the U.S. economy, the total value of goods and services produced per year is measured by
A) the gross domestic product.
B) the consumer price index.
C) the productivity of labor.
D) the Dow Jones Industrial Average.
E) none of the above
9. Which of the following best summarizes the key elements used to calculate the gross domestic product (GDP) of the United States using the expenditure approach?
A) business inventories, net imports, balance of payments
B) disposable income, consumer spending, housing starts
C) unemployment, factory wages, personal consumption, personal income
D) consumer spending, business investment, government spending, net exports
E) none of the above
10. A recession is said to occur when real gross domestic product (GDP) declines for a period of at least
A) two days
B) two weeks
C) two months
D) two quarters
E) two years
11. The consumer price index (CPI) is used to measure
A) inflation.
B) productivity.
C) gross domestic product.
D) structural unemployment.
E) all of the above
12. Which of the following best describes the difference between GDP and real GDP?
A) unlike GDP, real GDP measures only the val ...
1. (Points 5) The GDP is the value of all final goods and.docxdorishigh
1.
(Points: 5)
The GDP is the value of all final goods and services produced
a. within the nations boundaries.
b. by domestically owned companies.
c. by citizens of the country.
d. by domestically controlled companies.
Save Answer
2.
(Points: 5)
If our population doubles, our GDP quadruples, and our GDP deflator doubles, our per capita real GDP will
a. quadruple.
b. double.
c. stay exactly the same.
d. decline by 25 percent.
e. decline by 50 percent.
Save Answer
3.
(Points: 5)
For purposes of calculating GDP using the expenditure approach, which of the following payments is NOT included in the government spending component?
a. Social Security pensions
b. The wages paid by a local government to its road crew
c. The wages paid by a state government to the workers in its welfare department
d. The federal government's purchase of a submarine from a shipbuilder
e. None of the choices are correct
Save Answer
4.
(Points: 5)
Which of the following is an intermediate product?
a. A road
b. Steel
c. Bread
d. A TV set
e. An automobile
Save Answer
5.
(Points: 5)
National income is the sum of all of the following except
a. wages.
b. savings.
c. interest.
d. rent.
e. profits.
Save Answer
6.
(Points: 5)
Which of the following would increase GDP?
a. More imports
b. Additional leisure time
c. Government removing more litter from highway right of ways
d. People engaging in more "do-it-yourself" projects
Save Answer
7.
(Points: 5)
Which of the following would NOT be included in this year's GDP?
a. The purchase of 100 shares of Microsoft stock
b. The replacement of a muffler on a 1978 Chevy
c. The commission charged by a real estate agent
d. The services of a hair stylist
e. The tuition fee for a course in economics
Save Answer
8.
(Points: 5)
The largest item amount among those listed here is
a. national income.
b. net interest.
c. net domestic product.
d. corporate profits.
Save Answer
9.
(Points: 5)
If GDP increases faster than the GDP deflator,
a. real GDP will rise.
b. real GDP will fall.
c. real GDP will stay the same.
d. There is not enough information to determine what happens to real GDP.
Save Answer
10.
(Points: 5)
Which one of the following is taken into account by GDP?
a. Household production
b. Illegal production
c. Leisure time
d. Custom lawn care services
Save Answer
11.
(Points: 5)
The difference between GDP and NDP is
a. Who has control of the company.
b. Who receives the profit from the sale.
c. Where the money is spent.
d. Depreciation.
Save Answer
12.
(Points: 5)
In the equation C + I + G + Xn, the I is defined as
a. total new investments less a wear out allowance.
b. total investments in new plant and equipment, business inventory changes and new residential housing.
c. domestic consumer income.
d. total investments in new plant and equipment ...
Chapter 1 57.What is the difference between recession and de.docxsleeperharwell
Chapter 1
57.
What is the difference between recession and depression in an economy? Provide an example of depression from the real world that has hit the global economy.
Use the following to answer question 58:
Answer: When there is a mild fall in the gross domestic product (GDP) of an economy over a period of time it leads to recession in the economy. If the intensity of the fall in GDP is severe over a period of time, then it turns into a depression. Recession is cyclic in nature; that is, it repeats itself over a period of time in an economy. A famous example of depression is that of the Great Depression of the 1930s that occurred in the United States and affected the global economy. Even the financial crisis of 2008-2009 in the United States was very much reminiscent of the Great Depression.
58.
Refer to the following graph and identify the years for which Country A and Country B experienced recession.
Country A experienced its recession during 2003 and its early recovery during 2004. Country B experienced its first recession during 2002 and its early recovery in 2003. Country B experienced a second recession in 2007.
59.
Why do we call macroeconomics an imperfect science? Explain.
The study of macroeconomics depends mainly upon the historical data on different economies. Macroeconomists analyze these data to explain changes occurring in different economic parameters (income, prices, unemployment, etc.) and formulate policies. Additionally, macroeconomic studies cannot be conducted in controlled experiments, as in biology or chemistry, for example. In this way, macroeconomists are similar to weather forecasters.
60.
Are the terms “market clearing” and “equilibrium” one and the same? Explain.
Yes, both terms represent the same notion: the balance between supply and demand. It is the balancing point at which everything that is produced gets sold and fulfills the entire demand. Thus, if all other things remain constant, then there is no tendency to change the quantity supplied and demanded at this point.
61.
Do you agree with the statement, “macroeconomics rests on the foundation of microeconomics”? Explain.
Macroeconomics involves studying the aggregate of economic variables related to individual decision making parameters, which are microeconomic (think of individuals' expenses, investments, etc.). That is to say, the total expenditure in an economy is the aggregate (sum) of all the expenditures done by all consumers in that economy, or the total investment done in an economy is the aggregate (sum) of all individual investments done by firms in that economy. This reflects that macroeconomic study rests on the foundation of microeconomics.
62.
Give two examples of macroeconomic variables and microeconomic variables.
The income of your father is a microeconomic variable, while the gross domestic product (GDP) of your country is a macroeconomic variable. The money your father saves in the bank is a microeconomic va.
1. Planet Earth is our only home for the time being. As global.docxbraycarissa250
1. Planet Earth is our only home for the time being. As global
populations grow and our resources dwindle, we should
worry more about the issues of SCARCITY AND CHOICE. All
parts of this question are part of the topic called Intro to
some key concepts of Economics.
i. There are 17 Rare Earth Elements. Pick any 5 of
them, and for EACH of the 5, explain in detail why
they are so critical to us. Use Google to look the
up.
Include in your answer:
a. what it used for,
b. why are those things so critical?
c. Where in the world the resource is
located.
d. And approximately how much is left.
e. For EACH of the 5, please explain 3
things we need to start doing today
to avoid running out of that
resource. It is very important that
you provide thorough and complete
explanations here.
b. The theory of rational behavior says that we humans
act in our own self-interest. Given our actual behavior
and the decisions we have made and are continuing
to make relative to the planet, please:
i. What does over-pumping of aquifers really
mean? Use Google to gather info.
ii. Is continued over-pumping of aquifers around the
world is in our best interest. If yes, explain why. If
no, explain why not.
iii. Explain how the continued over-pumping of
aquifers in America, China, and India, could
impact our ability to survive on the planet. This
will require that you find out what things these 3
nations have in common that are related to
aquifers. Connect the dots and explain how our
ability to survive on the planet could be
impacted by continued over pumping of
aquifers. Please provide plenty of detail here.
Google can help!
iv. Explain in detail 3 things we can do to stop the
over-pumping problem. Hint: Focus on the top
uses of water in the world.
c. Utility Concepts:
i. Explain the 3 concepts: Utility, Marginal Utility,
and Diminishing Marginal Utility.
ii. Explain 3 examples of EACH of those 3 concepts
as they might be applied to the Keystone XL
Pipeline project.
d. The Theory of Consumer Behavior: this material is
provided in the slides and audio lecture.
i. Explain EACH of the key assumptions of the
Theory of Consumer Behavior and what the
theory tells us. Read the slide and listen to the
audio lecture.
ii. Does the theory of consumer behavior reflect
reality? If yes, then why. If no, the why not.
e. Marginal analysis is a decision-making tool.
i. Please define Marginal Cost
ii. Please define Marginal Benefit,
iii. Explain the following 3 cases in terms of what you
should do regarding the activity involved. Should
we do more of the activity, less of the activity, or
keep doing the same? Explain why in each case.
1. MB>MC
2. MC>MB
3. MC=MB
iv. Explain 3 examples of MC related to the Keystone
XL Pipeline question.
v. Explain 3 examples of MB related to the Keystone
XL Pipeline question.
2. The Production Possibilities Model is one of the first Economic
Models students learn about. Please refer to th.
This has to have references that have the web addresses. I need th.docxmeagantobias
This has to have references that have the web addresses.
I need this by wedensday. I have a death in the family and need to have all this done before I travel.
Assume that you have been assigned to explain the following to UPC’s capital planning committee:
Challenges associated with the capital planning process
Risks involved in capital planning
Techniques for minimizing the risks
.
THis doesnt necessarily refer to social culture as you know, rather.docxmeagantobias
THis doesn't necessarily refer to social culture as you know, rather organizational culture such as values etc.
"
Utilizing independent research and your own experience, how can a healthy culture aid an organization in accomplishing its goals? Provide at least one scholarly source in addition to the course material to substantiate your ideas. In your responses to at least two of your classmates’ postings by Day 7, provide at least two additional components of a healthy culture in an organizational workplace."
.
This discussion is not a graded item but should be used to discuss a.docxmeagantobias
This discussion is not a graded item but should be used to discuss and ask questions regarding the lecture material.
Read Chapter 1 and Chapter 2 (pgs. 12-39)
Review Map of Ancient Egypt - folder
Study Guide:
Which Dynasties comprised the Early Dynastic Period?
How did Egyptians view art and what was its primary function?
Who were the major deities Egyptians worshipped?
How was duality, order vs. chaos, explored in Egyptian symbols?
What is the importance of the decorations on the temple of Horus at Edfu, fig. 5?
What is ka?
Why did the majority of Egyptian statues exhibit ‘frontality’?
What was the function of three-dimensional figures of servants and non-elites?
Explain how a figure is represented in a two-dimensional plane, such as a wall illustration?
How did hieroglyphics function in Egyptian art?
What types of materials did Egyptian artists have access to?
What is the subject matter of the famous Narmer palette?
Describe the function and design of a serekh?
.
This essay should be roughly 3-5 concise paragraphs. It should provi.docxmeagantobias
This essay should be roughly 3-5 concise paragraphs. It should provide information regarding why you are interested in this program or course; how your background and future goals may relate to this program; the academic and personal benefits that you hope to receive by participating in this program; and why you would like to study
Bosphorus University in Istanbul.
It is one the best universities in Turkey. It is considered as the Harvard. I would like to study Political Science in order to broaden my knowledge about Turkish government and international relations. I believe I can make great networks and connection by attending this univeristy. It is really a prominent university that everyone has to have in their resume.
.
This discussion provides an opportunity to evaluate a variety of dig.docxmeagantobias
This discussion provides an opportunity to evaluate a variety of digital and assistive technologies for supporting diverse learners. Based on the required readings from Housand & Housand (2012), McCombs (2000), and Page (2002), you know that research shows that effective technology integration can support student motivation, engagement, and interest in learning. Furthermore, research has shown that through thoughtful integration of audio, video, and other media, instruction can be differentiated, ultimately increasing a student’s motivation to learn. To explore this research, in this discussion you will analyze how technology integration can be used as a method of intervention to meet the needs of diverse learners. To prepare for this discussion, review the Week Two Instructor Guidance and the Required Resources for the week. Next, access either The
Teaching Channel
or
Edutopia
and conduct a search using the key words “using technology for learning motivation” or similar. Select one video that can inform your response to the discussion points below. If for some reason you are unable to support your response to this discussion using the video option, please contact your instructor for an alternative way to complete this discussion.
Initial Post:
Respond with an initial post that includes the following components:
Provide a link to the video you viewed and a succinct description of the video’s focus, such as the grade-level of students, the educator(s) involved, and the subject being taught (e.g., science or language arts).
In at least one paragraph, describe how the technology is being used in the video and describe what you observed in the video that informs you that students’ motivation is increased or otherwise supported due to the use of the technology.
Next, succinctly describe how the use of the technology promotes students’ engagement during the learning process.
Finally, describe the extent to which the use of technology and its motivating factors outweighs the potential challenges the educator might face in acquiring the technology and learning how to effectively implement it.
.
This debate is based on the following scenarioLyone, Inc. is a no.docxmeagantobias
This debate is based on the following scenario:
Lyone, Inc. is a non-union manufacturer of consumer household goods. Their industry is largely union, yet they have remained without a union because employees have always felt that they could work well with management and that management protected the employees and treated them fairly. Recently, the employees have sought a pay increase after accepting a wage freeze last year. The economy has improved, production is at an all-time high, and employees want to be rewarded for their efforts and loyalty.
The Board of Directors is aware that with the high earnings recently announced, shareholders are expecting high returns after a dismal four quarters last year. If they approve a modest pay increase for the employees who accepted the wage freeze last year, they will not be able to release the high-rate dividends to shareholders. Also, the Board fears that a failure to comply with the reasonable employee demand might prompt the employees to seek union representation, something the Board does not want to encounter.
(me)
Students whose last names begin with the letters L through Z will assume the roles of directors who wish to provide a high-return dividend to the shareholders. These students should clearly indicate their position on the debate by beginning each Threaded Discussion post with the heading "INCREASE DIVIDEND."
10 word apa with references
.
This coures is Art history 222I am looking for someone know how to.docxmeagantobias
This coures is Art history 222
I am looking for someone know how to write in this subject
In this assignment I want you to write an expository (informational) essay discussing the ‘Three Davids’ – that is, the sculptures of David from the biblical story of David and Goliath as created by Donatello, Michelangelo and Bernini
.
This chapter explains how the emergent properties of water contribut.docxmeagantobias
This chapter explains how the emergent properties of water contribute to the suitability of the environment for life. Until fairly recently, scientists assumed that other physical requirements for life included a moderate range of temperature, pH, and atmospheric pressure. That view has changed with the discovery of organisms known as extremophiles, which have been found flourishing in hot, acidic sulfur springs and around hydrothermal vents deep in the ocean. What does the existence of life in such environments say about the possibility of life on other planets?
120 words only
.
This case was written with generous financial assistance from the .docxmeagantobias
This case was written with generous financial assistance from the Hill-Ivey Case-Writing Fund.
In early 2008, Paul Antle, president and chief executive officer (CEO) of Phase Separation
Solution
s (PS2), received a call from the State Environmental Protection Agency of China, expressing interest in PS2’s Thermal Phase Separation (TPS) technology. PS2 was a small, Saskatchewan-based environmental solutions company that had grown, under Antle’s entrepreneurial direction, to become a North American leader in the treatment of soil, sludge and debris impacted with various organic contaminants. The company specialized in the cleanup of two waste streams using its TPS technology. The first was the remediation of soil contaminated with persistent organic pollutants (POPs), such as pesticides and poly-chlorinated biphenyls (PCBs). The second was recovering usable oil from industrial sludge generated in various industries, such as the oil and gas industry.
Despite Antle’s initial concerns that the call had been a scam, he soon visited China to learn more about the market in China and to build relationships. The Chinese inquiries were sincere. By mid-2010, nearly one and a half years after Antle’s first visit, potential cooperative opportunities had emerged with two separate Chinese organizations: one in soil remediation, and the other in oil recovery from oil sludge. The two potential opportunities were attractive to PS2. The international geographic diversification would transform PS2 from a domestic player to an international player, and in so doing, would significantly improve its growth potential.
The PS2 management team was no stranger to international markets. The TPS technology had been successfully employed in 14 countries in the past 15 years. However, the modes of international involvement had been on a non-equity basis, in the forms of equipment exporting, licensing and service contracts. Although the cooperative opportunities in China would bring PS2 to a higher level of internationalization, the decision was not to be taken lightly. A series of questions needed to be answered. Should PS2 enter the Chinese market? Which of the two opportunities should it pursue? Would it be feasible to pursue both? Did PS2 possess the required resources and capabilities to pursue an equity-based entry? What ownership levels should PS2 assume for each option? How would PS2 staff its Chinese operation(s) if PS2 decided to pursue the opportunities in China?
Case Study: Phase Separations
.
This assignment need to be done Sunday 10, 2015 in APA format with r.docxmeagantobias
This assignment need to be done Sunday 10, 2015 in APA format with references.
Its two part and part III.
Part II: Essay on whistle blowing or cybercrime page in lenght
Part III:
Using the course textbook and Internet resources, write a paper about a case that illustrates the lack of ethics or social responsibility.
.
This assignment is worth up to 12 extra points. You have your choice.docxmeagantobias
This assignment is worth up to 12 extra points. You have your choice of writing a review of a (1) cooking show,(2) 2 restaurants and/or festivals or (3) a food-related movie. Shows like Man vs. Food, a show from the Food Network, PBS shows (like Lydia's Kitchen) are good choices. Movies? Think Chocolat, Ratatouille (No Willy Wonka), Julie and Julia, Soul Food... There are a lot to choose from. If you have a question as to whether something would qualify, email me. Post as usual with reply-submit).
FORMAT For Cooking Shows or Movies:
1. Your Name
2. What you are reviewing and its name/title. Why you selected it.
3. What it was about, types of foods included, major characters if applicable.
4A. For MOVIES Also answer: How food related to the theme or how it was a major part of the movie. Did it reflect place at all?
4B. For SHOWS Also answer: Did the show give you insights into places, techniques or types of food? Any personal tidbits? Explain.
Provide at least 1/2 page. Spell check.
FORMAT for Restaurants or Festivals:
In many of the papers to date, there has been interest in learning about places to go that would allow you to try foods, and papers that have mentioned specific restaurants. Here's your chance to help those who want to travel, and to create a class "Places to Go" guide that involves food and geography. I want TWO examples and these can be places/food establishments/festivals/restaurants. Post your response to these (and please use the numbers!):
Example 1
1. Your name
2. Name of the restaurant, festival, or place (such as the wharf or boardwalk)
3. Where it is located
4. How you came across it and what it means to you
5. What you should order/eat there and why
Now do the same for #2 using another example.
Make sure you spell check for maximum points.
assignment price: 10$
.
This assignment is pertaining to Jamaica. ( International busines.docxmeagantobias
This assignment is pertaining to
Jamaica. ( International business)
1.1.
Describe the
extent of economic integration
, specifically mentioning the country’s membership(s) within regional trade agreements and the benefits they bring to the country.
1.2.
Explain the
best ways to do business
in this country, making
a recommendation
for an MNC that is considering this country by evaluating these three options: exports/imports, green field investment, or not entering at all.
1.3.
In summary, for a multinational corporation considering business in this country:
1.3.1.
What are the
country-specific special considerations
for an MN?
1.3.2.
Would you
recommend that an MNC enter this market
?
.
This assignment is due saturday june 13th 2015 @ 1500 pacificTh.docxmeagantobias
This assignment is due
saturday june 13th 2015 @ 15:00 pacific
The document is attached in order to complete the assignment
please, original work only. no plagirism
thank you, your help is appreciated.
this is a repost, sorry. i wasn't able to get back to this assignment and make a deal when i origially posted it.
.
This assignment is due today Saturday March 14th 2015. 1400 pacific.docxmeagantobias
This assignment is due today Saturday March 14th 2015. 14:00 pacific
There are two questions attached on the document. One involves writing and the other is an algebra question.
Thank you, please no plagiarism and please only offer if you intend to complete assignment on time. My time is valuable as is yours.
.
This assignment is due on May 13. You may want to view some Yout.docxmeagantobias
This assignment is due on May 13.
You may want to view some
Youtube
videos which will walk you through the assignment. This one is very good:
https
://
www
.
youtube
.com/watch?v=
Jj
_
DzSR
7V5U
You will submit a single worksheet with tabs for each of the situations--that is, ONE spreadsheet with 5 "pages"!
.
This assignment is designed to integrate the reflection of persona.docxmeagantobias
This assignment is designed to integrate the reflection of personal experience and the information covered in the textbook.
A
ssuming
you are
Ludmilla
responding to a recent email from Juanita, answer the following questions:
Besides cultural differences, what other factors might affect human resource management with this international office?
What abilities will help Juanita succeed and potentially fail in this assignment as an expatriate?
What has been the reason for the high failure rate of expatirate managers in Uzbekistan? What can Ludmilla do to increase the success of expats?
Since Uzbekistan has been significantly influenced by Russia for over 70 years, from Hofstede’s perspective, what impact has culture had on appraisal systems, self- managing teams, and systems for gathering suggestions from workers?
.
This Assignment has two parts·Assignment C-pt 1 of 2 ( Di.docxmeagantobias
This Assignment has two parts:
·
Assignment C-pt 1 of 2 ( Discussion) due 12/25/14 @ noon
·
Assignment C-pt 2 of 2 ( Formal APA paper) due 12/27/14 @ noon
Please pay very close attention to the enclosed attachments which include detailed directions, lesson notes, and resources.
Listed / Attached reference must be used as one of the sources in each of the writings.
.
This Assignment has two partsCS Powerpoint due 122514 @ no.docxmeagantobias
This Assignment has two parts:
CS Powerpoint due 12/25/14 @ noon
K Video due 12/26/14 @ noon
Please pay very close attention to the enclosed attachments which include detailed directions, case study, one source that must be utilized in addition to other found, and K Video Directions.
.
This Assignment has two partsAssignment B-pt 1 of 2 ( Discuss.docxmeagantobias
This Assignment has two parts:
Assignment B-pt 1 of 2 ( Discussion) due 12/18/14 @ noon
Assignment B-pt 2 of 2 ( Formal APA paper) due 12/20/14 @ noon
Please pay very close attention to the enclosed attachements which include detailed directions, lesson notes, and resources.
Listed / Attached reference must be used as one of the sources in each of the writings.
.
This assignment I previously posted but the person did not do it rig.docxmeagantobias
This assignment I previously posted but the person did not do it right and now I need within 2 hours. It is 4 pages double spaced in APA format also must have cover and works cited in addition to 4 pages
Assignment Details
Based on your reading about various colonial encounters, please write an essay of 4 pages (not including your cover page and your reference page) that answers the following questions:
Define
colonization
. What was the motivation for it?
Select 2 examples of colonization in the modern period (1600–present), and provide 1 positive and 1 negative outcome for each.
Societies experience many kinds of cross-cultural encounters. Some are peaceful, and many are not. Describe 2 major effects of one culture colonizing another and how this impacts society.
Be sure to cite at least 3 references in APA format.
.
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
Letter from the Congress of the United States regarding Anti-Semitism sent June 3rd to MIT President Sally Kornbluth, MIT Corp Chair, Mark Gorenberg
Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
The Roman Empire A Historical Colossus.pdfkaushalkr1407
The Roman Empire, a vast and enduring power, stands as one of history's most remarkable civilizations, leaving an indelible imprint on the world. It emerged from the Roman Republic, transitioning into an imperial powerhouse under the leadership of Augustus Caesar in 27 BCE. This transformation marked the beginning of an era defined by unprecedented territorial expansion, architectural marvels, and profound cultural influence.
The empire's roots lie in the city of Rome, founded, according to legend, by Romulus in 753 BCE. Over centuries, Rome evolved from a small settlement to a formidable republic, characterized by a complex political system with elected officials and checks on power. However, internal strife, class conflicts, and military ambitions paved the way for the end of the Republic. Julius Caesar’s dictatorship and subsequent assassination in 44 BCE created a power vacuum, leading to a civil war. Octavian, later Augustus, emerged victorious, heralding the Roman Empire’s birth.
Under Augustus, the empire experienced the Pax Romana, a 200-year period of relative peace and stability. Augustus reformed the military, established efficient administrative systems, and initiated grand construction projects. The empire's borders expanded, encompassing territories from Britain to Egypt and from Spain to the Euphrates. Roman legions, renowned for their discipline and engineering prowess, secured and maintained these vast territories, building roads, fortifications, and cities that facilitated control and integration.
The Roman Empire’s society was hierarchical, with a rigid class system. At the top were the patricians, wealthy elites who held significant political power. Below them were the plebeians, free citizens with limited political influence, and the vast numbers of slaves who formed the backbone of the economy. The family unit was central, governed by the paterfamilias, the male head who held absolute authority.
Culturally, the Romans were eclectic, absorbing and adapting elements from the civilizations they encountered, particularly the Greeks. Roman art, literature, and philosophy reflected this synthesis, creating a rich cultural tapestry. Latin, the Roman language, became the lingua franca of the Western world, influencing numerous modern languages.
Roman architecture and engineering achievements were monumental. They perfected the arch, vault, and dome, constructing enduring structures like the Colosseum, Pantheon, and aqueducts. These engineering marvels not only showcased Roman ingenuity but also served practical purposes, from public entertainment to water supply.
This assignment is for A-plus Writer......The distinction betw.docx
1. This assignment is for A-plus Writer......
The distinction between classical and modern Keynesian
macroeconomics is based on
a.
the exact year the Great Depression started in the U.S. (1929).
b.
the publication of
The Wealth of Nations
.
c.
the publication of
The General Theory of Employment, Interest, and Money.
d.
the approval of Congress of
President Roosevelt’s New Deal.
Starting with the trough, which of the following is the correct
order of what then occurs in the business cycle?
a.
recession, prosperity, recession, prosperity
2. b.
prosperity, recession, another trough
c.
expansion, peak, recession, another trough
d.
recession, expansion, peak, another trough
It ______ a wise policy to reduce inflation to 0% since the
_______ according to the Phillips’ Curve.
a.
is --
unemployment rate also decreases
b.
may not be – unemployment rate increases
c.
is --
deficit decreases
d.
3. may not be – deficit increases
____________ argued that the best way to solve the problem of
recession and unemployment was to rely on the natural
workings of the market.
a.
Keynes
b.
Marx
c.
the classical economists
An increase in aggregate demand with an upward (positively)
sloping supply curve will
a.
increase employment.
b.
keep the price level constant.
c.
increase output.
4. d.
all of the above.
e.
a) and c) are correct.
If both the demand curve and supply curve to the right, which of
the following will definitely occur?
a.
Price increases.
b.
Price decreases.
c.
Quantity increases.
d.
Quantity decreases.
e.
Both a) and c) are correct.
5. Which one of the following items is
NOT
a factor cost?
a.
proprietor's income
b.
employees' compensation
c.
business transfer payments
d.
dividends
e.
rental income of persons
Consider a $20,000 certificate of deposit that yields a 10
percent annual interest rate.
If there is 5 percent inflation, then 10 percent can be considered
6. a.
the nominal interest rate.
b.
the real interest rate.
c.
both of these
Demand-pull inflation is caused by a shift to the ______in the
_______ demand curve.
a.
right -- aggregate
b.
left -- aggregate
c.
right -- microeconomic
d.
left -- microeconomic
7. If both the unemployment rate and the inflation rate increase,
the best term to describe it is
a.
the Phillips Curve.
b.
aggregate demand.
c.
aggregate supply.
d.
stagflation.
If the unemployment rate decreases from the previous month,
then one can infer the change in the total number of people
working from the month before
a.
increases.
b.
decreases.
c.
8. stays the same.
d.
could be any of the above.
Other things being equal, inflation initially decreases the
_______ interest rate.
a.
real
b.
nominal
c.
both of these.
If nominal GDP is increasing at the same rate as real GDP, then
it is definitely true that there is
a.
9. inflation.
b.
output increasing over time.
c.
both of these.
What does Mary's decision to stop looking for a job do to the
unemployment rate?
a.
nothing
b.
increase it
c.
decrease it
d.
need to know if she is frictionally or structurally unemployed
10. Savers are lenders to a bank.
They.
a.
are hurt by inflation.
b.
benefit from inflation.
c.
benefit at low inflation rates and are hurt at high rates of
inflation.
d.
benefit at high rates of inflation and are hurt at low rates of
inflation.
An increase in oil prices will shift the aggregate ________
curve __________.
a.
demand -- to the left
11. b.
demand --
to the right
c.
supply -- to the left
d.
supply -- to the right
Both an increase in microeconomic demand, caused by an
increase in need for a good, and an increase in macroeconomic
demand, caused by an increase in government spending, would
be shown by a shift to the right of lines.
a.
true
b.
false
12. It is more correct to say that inflation redistributes rather than
decreases overall income.
a.
true
b.
false
Which range of the aggregate supply curve is horizontal?
a.
Keynesian
b.
intermediate
c.
classical
d.
13. any of these depending on what is the level of full employment
income.
Bottleneck inflation occurs
a.
in an economy with substantial amounts of unemployment.
b.
at full employment.
c.
before full employment.
d.
when resources are perfectly interchangeable.
e.
both c) and d) are correct.
Which is the best description of the effects of inflation?
a.
Inflation redistributes income.
14. Since some benefit, inflation is not really a problem.
b.
Inflation decreases everyone’s nominal and real income.
c.
Inflation decreases everyone’s nominal income but not anyone’s
real income.
d.
Inflation redistributes income arbitrarily.
Therefore some win and some lose from inflation.
The following questions are from Robert Heilbroner’s
WORLDLY PHILOSOPHERS, chapter 9 on Keynes & chapter 6
on Marx.
Heilbroner’s chapter on Keynes had an example of the building
of the railroads in order to show that investment
a.
occurs mostly in a market economy.
15. b.
occurs mostly in a nonmarket economy.
c.
occurs in spurts.
d.
occurs in a steady linear fashion.
Marx’s dialectic materialism, based on the work of Hegel,
focuses on
a.
change.
b.
the social and physical environment.
c.
both of these.
The business crises of Marx included
16. a.
replacing labor with machines.
b.
falling consumption.
c.
falling profits.
d.
all of the above.
e.
both a) and b) are correct.
Macroeconomics covers all of the following EXCEPT
a.
prices on average.
b.
unemployment.
17. c.
inflation.
d.
why an orange is more expensive (or less expensive) than an
apple
A graph
a.
can be used to show either a positive or negative relationship
between two variables.
b.
can illustrate both microeconomic demand and aggregate
demand.
c.
is used because it is impossible to describe any economic
relationship verbally.
d.
all of the above.
18. e.
both a) and b) are correct.
In macroeconomics, economists are often concerned about
whether there is enough spending.
If there is not sufficient spending, there will be _________, a
result of too little _____________.
a.
unemployment
‑‑ aggregate supply
b.
unemployment
‑‑ aggregate demand
c.
inflation
‑‑ aggregate supply
d.
inflation
19. ‑
aggregate demand
In the business cycle diagram, an expansion would be shown as
a.
the bottom (trough)
b.
the top (peak)
c.
the falling portion of GDP growth
d.
the increasing portion of GDP growth
Which of the following best describes the general cause of
business cycles?
a.
too little production.
b.
instability of aggregate demand over time.
c.
instability of aggregate supply over time.
20. d.
not only the excessive issuing of credit cards in the 1980s, but
also the savings and loan bailout, and the overbuilding of
office, hotel, and retail space
If nominal GDP is increasing at the same rate as real GDP, then
it is definitely true that there is inflation.
a.
true
b.
false
Which of the following is
NOT
an accurate description of what can cause inflation?
a.
too many dollars chasing too few goods.
b.
an increase in labor costs when productivity is not increasing.
c.
an increase in the price of fruits and vegetables even when meat
prices are declining.
21. d.
the level of spending exceeds the level of production at full
employment.
Cost‑push inflation can be called
a.
an inflation caused by the consumer side of the supply and
demand equation.
b.
an inflation caused by the seller side of the supply and demand
equation.
c.
the inflation that generally occurs because too many dollars are
chasing too few goods.
d.
both a) and c) are correct.
Which of the following people is structurally unemployed?
a.
Brendan left his job as a soda jerk in New Jersey to become a
soda jerk in Madrid, NM.
He was unemployed for 6 weeks during the transition.
b.
Mildred quit her job after giving birth to a child.
22. c.
Clem, a skilled corset maker, lost his job when his factory shut
down due to a permanent reduction in the demand for corsets.
d.
Dwanella lost her job when the electronics assembly plant was
shut down temporarily due to low sales of the product.
If one produces more because of longer hours at work, then one
can infer an increase in productivity.
a.
true
b.
false
If there is a problem with savings and its effect on the economy,
it occurs at the ________ level.
a.
macroeconomic
b.
microeconomic
c.
23. household
d.
firm
Consider John Maynard Keynes' quote "The ideas of economists
and political philosophers...from some academic scribbler of a
few years back.”
(See first page lecture and reading outline.)
Which of the following best describes what he is saying?
a.
Economists are strictly for university settings and have no
influence outside of the university.
b.
Almost all politicians quote economists since most politicians
have read most of the classic works of economics especially
Smith's
Wealth of Nations
and Keynes'
The General Theory
.
c.
Economists are generally ignored, even though economists are
24. usually correct.
d.
The ideas of economists influence the thinking of many
everyday people, including politicians, even if these people
have never had an economics course.
Which of the following, while they may be a "good thing" at the
microeconomic (individual) level, may not be such a good thing
when the need to maintain a high level of aggregate demand for
full employment is considered?
a.
increasing savings and falling wages
b.
increasing spending and increasing wages
c.
real and nominal interest rates
d.
supply and demand
25. Sandy discovers that by entering the Woolly Wild West Fun
Center via a side road she can avoid the long lines at the main
entrance.
Everyone at the park reaches the same collusion and acts upon
it.
This can best be described as an example of
a.
correct macroeconomic reasoning.
b.
the fallacy of composition.
c.
a normative way of thinking.
d.
both a) and c) are correct.
The level of real GDP and the price level are determined
a.
by the intersection of the microeconomic supply and demand
curves.
b.
by the intersection of the macroeconomic supply and demand
curves.
c.
by the macroeconomic supply curve.
d.
by the macroeconomic demand curve.
26. An increase in the price level means
a.
all prices are increasing.
b.
all prices that are increasing are increasing at the same rate.
c.
the average level of prices is increasing.
d.
both b) and c) are correct.
Which one of the following can be determined by all income
that the factors of production receive during a particular period?
a.
national income
b.
gross domestic product
c.
disposable income
d.
27. personal income
e.
both a) and d) are correct as long as transfer payments are also
included in national income.
Which one of the following items is
NOT
a factor cost?
a.
proprietor's income
b.
employees' compensation
c.
business transfer payments
d.
dividends
e.
rental income of persons
28. f prices on average have remained constant between 1970 and
1990 and the price of a McDonald's hamburger increased from
$1.00 to $4.00 then,
a.
there has been both a nominal and a real price change.
b.
there has been only a nominal price change.
c.
there has been only a real price change.
d.
there has been neither a real nor a nominal price change.
The Keynesian range of the aggregate __________ curve shows
an economy in which aggregate demand is relatively ________.
a.
supply – stable
b.
supply – low
29. c.
demand –constant
d.
demand -- high
e.
both a) and c) are correct.
Bottleneck inflation occurs
a.
in an economy with substantial amounts of unemployment.
b.
at full employment.
c.
before full employment.
d.
when resources are perfectly interchangeable.
e.
both c) and d) are correct.
Which is the best description of the effects of inflation?
30. a.
Inflation redistributes income.
Since some benefit, inflation is not really a problem.
b.
Inflation decreases everyone’s nominal and real income.
c.
Inflation decreases everyone’s nominal income but not anyone’s
real income.
d.
Inflation redistributes income arbitrarily.
Therefore some win and some lose from inflation.
Which of the following transactions should not be included in
the calculation of GDP?
a.
Jim purchases a new automobile.
b.
Joe pays a plumber $100 to fix a broken pipe.
c.
Sandy receives $100 in food stamps.
d.
Kurt purchases an airline ticket for $500 just before a big
reduction in fares.
31. If the consumer price index (CPI) was 80 in 2004, 100 in 2005,
and 110 in 2006, then the base year must be
a.
2004.
b.
2005.
c.
2006.
d.
The base year cannot be determined from the given information.
Which of the following is a type of unemployment that is due to
business cycles? This type of unemployment rises during
economic recessions and falls during economic expansions.
a.
cyclical unemployment.
b.
frictional unemployment.
c.
natural rate of unemployment.
d.
structural unemployment.
For the following questions go to:
http://www.usinflationcalculator.com/inflation/consumer-price-
index-and-annual-percent-changes-from-1913-to-2008/
32. What were the two listed inflation rates for year 2009?
a.
207.342 and 214.537
b.
4.1 percent and 2.8 percent
c.
2.7 percent and -0.4 percent
d.
3 percent and 3.1 percent
For this question, note that when computing percentage
changes, the denominator should be the initial number.
How would you compute the inflation rate from December 2008
to December 2009?
a.
215.949 – 210.228 divided by 215.949
b.
33. 215.949 – 210.228 divided by 210.228
c.
215.303 – 214.537 divided by 215.303
d.
214.537 – 215.303 divided by 214.537
The next 4 questions are from Pugh and Garrett,
Introducing Keynesian Economics.
According to Pugh and Garratt what really got the U.S. out of
the Great Depression was
a.
Franklin Roosevelt's "New Deal"
b.
more reliance on laissez-faire to solve the unemployment
problem.
c.
balancing the budget so that tax revenues were always sufficient
to cover government spending.
34. d.
spending on World War II.
The Pugh and Garrett reading discussed the work of the
“Committee on National Expenditure” in 1931.
The Committee according to Pugh and Garrett
a.
agreed with Keynes’ solution to the Depression.
b.
wanted greater deficits.
c.
wanted to increase taxes and decrease government spending.
d.
both b) and c) are correct.
Pugh and Garratt on page 75 talk about the "trade cycle."
35. This
a.
is also called the business cycle.
b.
is represented by a
curve
with waves.
c.
was not recognized by either Keynes or Marx
d.
both a) and b) are correct.
Those who are shown in the cartoon dancing
a.
are most likely Keynesian rather than classical economists.
36. b.
are celebrating the end of WWI.
c.
are taking a laissez-faire attitude towards the unemployment
problem.
d.
studied economics at the Karl Marx Institute
Questions 32-37 are from Robert Heilbroner’s WORLDLY
PHILOSOPHERS.
**
Chapter 2, evolution of the market system
**
Chapter 3, Adam Smith
Heilbroner in his chapter on the evolution of the market
economy tells about the trial of Robert Keayne, who was
accused of "seeking riches for riches sakes."
What is the moral of the story?
a.
37. The law of upward sloping supply is a universal trait of human
behavior.
b.
The market system is a relatively new way of life historically
speaking.
c.
Both a) and b) are correct.
d.
Crime pays.
According to Heilbroner a possible way(s) of solving the
economic problem is
a.
tradition.
b.
command.
c.
the market system.
d.
all of the above.
Economic freedom is best associated with
a.
Adam Smith.
38. b.
the guilds in France.
c.
any system other than a market system.
According to Smith competition forces producers to
a.
produce goods that people want.
b.
charge the minimum price possible in line with the costs of
production.
c.
both of these.
Consider the following quote from chapter 3 for the next two
questions:
It is a curious paradox which thus ensues: the market, which is
the acme of individual freedom, is the strictest taskmaster of
all.
39. One may appeal the ruling of a planning board or win the
dispensation of a minister; but there is no appeal, no
dispensation, from the anonymous pressures of the market
mechanism.
Economic freedom is thus more illusory than at first appears.
One can do as one pleases in the market, but if one pleases to do
what the market disapproves, the price of individual freedom is
economic ruination.
This quote suggests there is a role for government regulation in
the market place.
true
false
What if no one wants to buy the widgets you want to sell in the
marketplace.
To whom do you complain?
a.
the government
b.
the news media.
40. c.
both of these.
d.
There is no one to complain to.
The next 3 questions are from
Keynes “An Open Letter to President Roosevelt.”
The purpose of Keynes’ letter to President Roosevelt is
a.
to congratulate him on his election as President.
b.
to urge deficit spending, an idea in
The General Theory
.
c.to urge deficit spending, an idea contrary to the spirit of
The General Theory
.
d.
to urge balancing the budget so the federal would not run out of
money during the Depression.
Keynes is against the idea of raising prices by destroying crops.
Therefore he wants
a.
to keep crop prices steady
41. b.
raise prices by increasing supply
c.raise prices by increasing demand
d.
both b) and c)are correct.
The following passage is in the letter.
Take the statement and reword it in your own words.
(Make it as easy to understand as possible.)
The statement should be no more than 20 words.
“When more purchasing power is spent, one expects rising
output at rising prices.”
You are in the classical range of the aggregate supply curve.
Advise the President on good economic policy.
The terms “aggregate demand”, “output”, “employment” and
“inflation” should be part of your answer.
Answer in no more than 75 words.