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Running head: SAMPLE Unit 2 Higher Education Assignment
Template
1
SAMPLE Unit 7 Assignment Template
5
SAMPLE Unit 7 Women’s Activism Assignment
Student Name
Purdue University Global
SS360 – section number
Unit 7 assignment instructions: A First Person Perspective
The activism of the 1960s, 1970s, and early 1980s reflected
women’s desire for improvement in their lives.
Topic:
For this Unit 7 Assignment, you will examine women’s
involvement in one of the activist movements critical to these
decades, the civil rights movement, Asian American activism,
Chicana activism, or AIM. Once you have identified the specific
activist movement, you will want to address how the second
wave of feminism impacted women’s experiences in your
selected activist movement.
There are two parts to this Assignment: An analysis portion in
which you will provide an analysis based on your Unit 7
Reading about women’s activism during the 1960s, 1970s, and
early 1980s, and a reflection portion in which you will reflect
on the accomplishments of women in the activist movement you
have selected.
Content:
The first step for this Assignment is to determine which activist
effort you would like to emphasize in this Assignment. Select
one activist effort from the following list: AIM (American
Indian Movement), Asian American activism, Chicana activism,
or the civil rights movement.
Once you have selected your activist effort, you will follow the
guidelines below.
Part I: Analysis portion of the Assignment:
What were the main issues that women were fighting for as part
of the activist movement you have selected? To what degree
were they successful? What was the impact of the second wave
of feminism on the activist movement you have selected?
Address the Unit 7 Reading material, emphasizing material
regarding the activist movement you select and the second wave
of feminism.
Part II: Reflection portion of the Assignment:
Reflect on the impact women’s participation in activist
movements would have on their personal lives. Consider the
impact of the second wave of feminism on women’s
experiences. Consider one particular involvement involved in
the activist movements of the 1960s, 1970s, and 1980s whose
experiences inspired you. Consider, too, how you may be able
to relate to the determination of women involved in the activism
of the 1960s, 1970s, and 1980s.
Word Count:
The Assignment should be at least 500 words, and should
employ connections to the Unit 7 Reading material. You should
follow the Unit 7 Assignment template in Course Documents.
APA formatting:
Connections to the Unit 7 Reading material are required for this
Assignment. Be sure to include APA parenthetical citations and
references; formatting for citations and reference entries should
follow the APA 6th edition style guide, which is available under
Content / Academic Tools via the APA Style Central link.
Submit the assignment to the Unit 7 Dropbox when it is
complete.
Assignment Tips:
Remember to include APA formatting (citations and references).
NOTE: The first step for this Assignment is to determine which
activist effort you would like to emphasize in this Assignment.
Select ONE activist effort from the following list: AIM
(American Indian Movement); Asian American activism;
Chicana activism; or the civil rights movement.
Part One of the Unit 7 Assignment should address the
following:
1. What were the main issues that women were fighting for as
part of the activist movement?
2. To what degree were women successful as part of these
activist efforts?
3. What was the impact of the second wave of feminism on the
activist movement you have selected?
Part Two of the Unit 7 Assignment should address the
following:
1. What impact would women’s participation in activist
movements have on their personal lives?
2. What would be the impact of the second wave of feminism on
women’s experiences?
3. Consider the impact of the second wave of feminism on
women’s experiences. Consider one particular involvement
involved in the activist movements of the 1960s, 1970s, and
1980s whose experiences inspired you. Consider, too, how you
may be able to relate to the determination of women involved in
the activism of the 1960s, 1970s, and 1980s.
Paragraphs: Use paragraphs as part of your assignment,
including an introductory paragraph; supporting paragraphs; and
a conclusion.
Word Count: This assignment should include at least 500
words.
Citations and References: The unit 7 assignment requires the
incorporation of terminology and ideas from the Dubois &
Dumenil course text. As such, you must include citations in the
unit 7 assignment and at least 1 reference entry on the
References page of your assignment.
Checklist:
□ Did I include essay format? (an introductory paragraph with
a thesis statement, supporting paragraphs, and a conclusion)
□ Did I include 500 words? This assignment should be 500
words. The word count does not include the title page and the
references page.
□ Did I include parenthetical citations? This assignment
requires that you include connections to the course text through
citations and references. Follow the APA style of writing when
formatting the essay, the citations, and the references included
on the references page. Formatting for citations and reference
entries should follow the APA 6th edition style guide, available
under Content / Academic Tools via the APA Style Central link.
□ Did I include a References page? This assignment requires
you to reference your textbook as your main source. If you opt
to use other credible sources that support your main points of
discussion, these must be included in the references section
(and cited in the assignment).
SAMPLE References
Dubois, E. C. & Dumenil, L. (2019). Through Women's Eyes:
An American History with Documents (Fifth edition). Boston:
Bedford / St. Martins.
Macro Economics Exam
Short Essays:
Please select and answer seven ( 7) of the following essay type
questions.
A. Please explain with specific examples for each category:
“Among risks the Fed is taking: that some programs won’t
work, that officials won’t be able to unwind them, that
politicians will grow accustomed to directing the central bank to
fix problems its tools aren’t designed to solve, and that public
discontent about the central bank’s choices will erode its
authority over time. “ WSJ 04 28 2020
B. What specific Macro-economic phenomenon is being
described. Explain how this phenomenon impacts the balance
sheet of the Federal reserve and of a commercial bank, “The
Fed has a unique power, the ability to create money by crediting
banks with funds they can lend. That helps it guide the cost of
money, which is the interest rate”
WSJ 04 28 2020.
C. Please describe four major initiatives that the Federal
Reserve has undertaken, in order to address the impact of
COVID-19 to the economy.
D. What does the “Bagehot’s Dictum,” refer to? Please explain
in the context of the effect of the current effect of the COVID-
19 to the economy.
E. Suppose the economy is suffering in a recessionary period.
Firms are facing increasing inventories and individual
consumers are increasing their saving to prepare for hard times
ahead. What is likely to happen to the economy and can it
correct itself and grow toward full employment in the short run?
How is this different and how is it similar to the impact of the
COVID-19 in the economy?
F. Describe the role of business inventory change in
determining the equilibrium level of GDP and changes in the
level of GDP.
G. Differentiate between an induced increase in consumption
and an autonomous increase in consumption. How are they
represented on a graph?
H. The expenditure schedule and the aggregate demand curve
show much the same thing, with one crucial difference-the price
level. How does the price level affect the two schedules?
I. Define the terms recessionary gap and inflationary gap. Why
do they occur? Please frame your answer within the context of
the COVID-19 impact in the economy.
J. Why do booms and recessions tend to be transmitted across
national borders? Please frame your answer within the context
of the COVID-19 impact in the economy.
K. The total expenditure schedule in Macroland begins with
these initial levels (in billions of dollars): Income = 1,000;
Consumption = 900; Investment = 200; Government = 300; Net
Exports = −100. If the MPC = 0.75 and income increases in
increments of 200, find the equilibrium level of income. If full
employment requires an income level of 2,000, what (if
anything) should the government do? Indicate both the direction
of the spending change and the size of the spending change.
L. What is a multiplier? How does the multiplier effect occur?
Please provide examples of at least three types of multipliers in
an economy. Please provide some examples within the context
of the COVID-19 impact in the economy.
M. Distinguish between a movement along the aggregate supply
curve and a shift of the entire aggregate supply curve. What
factors cause each to occur? Please include in your answer the
COVID-19 impact in the economy.
N. What causes the aggregate supply curve to have an upward
slope in the short run, but a vertical slope in the long run?
O. Using the concepts of aggregate demand and aggregate
supply, explain how the economy reaches an equilibrium level
of real GDP and price level.
P. Why is it possible that the economy will not self-correct out
of a recessionary gap? Please explain your answer within the
context of the COVID-19 impact in the economy.
Q. What is meant by an economy's self correcting mechanism?
Explain the process through which self correcting mechanism
reduces inflationary gap.
R. When price level is considered, the value of the multiplier
will be less than that suggested by the oversimplified version of
multiplier. Why?
S. Why is a period of stagflation part of the normal aftermath of
a period of excessive aggregate demand?
T. Discuss some of the arguments that help explain why wages
and prices rarely fall in a modern economy.
U. Define the following terms and explain their significance to
the study of macroeconomics:
a.
fiscal policy
b.
transfer payments
c.
effect of income taxes on the multiplier
d.
supply-side tax cuts
e. automatic stabilizer
V. Explain why a change in income tax rates causes the
consumption schedule to change slope.
W. Why does the numerical value of the multiplier fall when an
income tax is added to the income-expenditure model?
X. Why is the personal income tax considered to be one of the
main features of our modern economy that helps ensure against
a repeat performance of the Great Depression?
Y. How do transfer payments function as negative taxes?
Z. Explain how a "conservative" and a "liberal" might differ in
the types of policies they advocate to counteract a recessionary
gap.
AA. Explain some of the steps that a government would wish to
adopt in an inflationary environment.
BB. What is the difference between tax cuts imposed on higher-
income households compared with lower- and middle-income
households? Discuss the implications for the multiplier and the
effectiveness of the tax cuts for boosting GDP.
CC. What are the policies usually advocated by supply side
economists? How do they justify these proposals?
DD. Discuss some of the general conclusions arrived at about
supply-side tax initiatives.
EE. What would be the likely result of a recessionary gap? If
this leads to a fall in the nominal wage what impact it would
have on the aggregate supply curve and on recessionary gap?
FF. Describe the main explanations for the downward rigidity of
wages in the modern macro-economy. Evaluate their probability
of being correct and important.
GG. Using the aggregate demand/aggregate supply model,
explain the difference in the employment prospects of the
graduates of 2007 and 2009.
HH. Define the following terms and explain their importance to
the study of macroeconomics:
a.
money
b.
M1
c.
near money
d.
bank run
II. What is a barter system? What are the drawbacks of this
system?
JJ. Why are the following included in the broader definition of
supply known as M2?
(a)
money market deposit accounts
(b)
money market mutual funds
(c)
savings accounts
KK. What is fiat money? Why is fiat money important in the
United States today?
LL. In what sense can it be said that money is a social
invention? How does a barter system of trade compare to the
invention of money?
MM. The banking system of the United States is a fractional
reserve system. What dangers does this pose for the safety of
the banking system?
NN. Bankers have a reputation for conservatism in politics,
dress, and business affairs. Is there an economic rationale for
this conservatism? Explain.
OO. Why are credit cards not considered part of the money
supply?
PP. What may limit the size of the money supply expansion to
an amount less than indicated by the oversimplified deposit
creation formula?
QQ. Explain the "too big to fail" doctrine.
RR. What is the criticism leveled against deposit insurance by
the FDIC?
SS. Discuss some of the government regulations designed to
ensure depositors' safety and to control the money supply.
TT. Explain why monetary policy is needed specifically with
regard to the existence of excess reserves. Compare and contrast
the effectiveness of monetary policy during the Great
Depression and the Great Recession?
UU. Define the following terms and explain their importance to
the study of macroeconomics.
a.
central bank
b.
Federal Open Market Committee
c.
supply of money
d.
monetary policy
VV. Why is the Chair of the Fed Reserve considered by many to
be the most powerful person in the economic world?
WW. Explain how interest rates and bond prices are related to
one another. Why is this important for monetary policy?
XX. Why do economists insist on emphasizing the difference
between money and income? Why is this difference important in
macroeconomics?
YY. Describe the origins of the Fed and the arguments about the
independence of the Fed.
ZZ. How does a central bank influence the lending capacity of
the banks?
AAA. Explain the concept of 'lender of last resort'. What is
discount rate?
BBB. What is the federal funds rate? What are the main
determinants of the federal funds rate?
CCC. How does an open market purchase by the Fed affect the
level of bank reserves and the interest rate? Illustrate the
interest rate effect by drawing the appropriate graph.
DDD. Explain the linkages in the causal chain when the Fed
conducts a contractionary monetary policy. What will be the
ultimate effect on GDP?
EEE. In 2007, as stock prices in general were falling, many
investors began switching their funds into purchasing bonds.
Surveys suggest that many of these investors did not understand
the basic relationship between bond prices and interest rates.
Using a numerical example, illustrate how an increase in the
demand for bonds would affect the interest rate paid on bonds.
FFF. Explain the relationship between interest rates and (1)
investments in housing, and (2) business investments.
GGG. Why does the economy's aggregate demand curve have a
negative slope?
Please answer all of the multiple choice questions:
Multiple choice questions:
1. The difference between disposable income and consumption
spending is
a.
transfer payments.
b.
personal taxes.
c.
net exports.
d.
personal investment.
e.
personal saving.
2. Historical data depicted on a scatter diagram show that
consumer spending and disposable income
a.
converge as income grows.
b.
generally move together.
c.
diverge as income grows.
d.
show no clear relationship.
3. If real disposable income is $300 billion and real consumer
expenditures are $250 billion, it can be assumed that
a.
the government is spending the difference.
b.
the difference is being invested.
c.
households are saving the difference.
d.
transfer payments make up the difference.
4. The relationship between consumer spending and disposable
income is called the
a.
conjunction function.
b.
consumption function.
c.
aggregate demand function.
d.
marginal spending function.
5. The Marginal Propensity to Consume (MPC) is defined as the
change in
a.
C over the change in DI.
b.
income over the change in disposable income.
c.
DI over the change in C.
d.
total income over the change in net income.
6. The nation's disposable income increases by $400 billion and,
as a result, consumer spending increases by $320 billion.
Therefore, the MPC equals
a.
0.16.
b.
0.20.
c.
0.60.
d.
0.80.
e.
0.96.
Figure 8-1
7. Based on the scatter diagram in Figure 8-1, approximately
how much will consumption increase after a permanent tax cut
of $400 billion?
a.
$100 billion
b.
$150 billion
c.
$250 billion
d.
$350 billion
8. If income in Austria decreases by 30 million euros and
consumption decreases by 24 euros, then the MPC equals
a.
0.90.
b.
0.80.
c.
0.60
d.
−0.60.
9. To predict the effects of a tax cut on consumption spending,
economists must have some estimate of the
a.
income effect.
b.
substitution effect.
c.
relative price effect.
d.
marginal propensity to consume.
10. A movement from one point to an another point on the same
consumption function could be caused due to
a.
changes in wealth.
b.
an increase in the general price level.
c.
decrease in the real interest rates.
d.
changes in disposable income.
Figure 8-2
11. In Figure 8-2, which of the following moves can be
explained by a decrease in the price level?
a.
A to B
b.
A to C
c.
A to D
d.
A to E
Figure 9-1
12. In Figure 9-1, at $7,000 billion real GDP,
a.
inventories are increasing.
b.
spending falls short of output.
c.
spending exceeds output.
d.
Both a and b are correct.
13. Government stabilization policy
a.
cannot influence investment spending.
b.
can stimulate aggregate demand and thereby induce businesses
to invest, but the amount is not totally predictable.
c.
can stimulate aggregate demand, but investment spending will
not be affected.
d.
can stimulate aggregate demand, but only in the long run.
14. The Japanese economy has been consistently weak
throughout the 1990s. This has caused a slight deflation,
illustrating the
a.
negligible cost of eliminating inflation.
b.
very slow operation of the economy's self-correcting
mechanism.
c.
tendency of inflation to accelerate during recessions.
d.
rapidity with which inflation can be stopped.
15. When money wages rise, the most significant effect on the
aggregate supply curve is that it
a.
shifts outward.
b.
shifts inward.
c.
becomes flatter.
d.
becomes steeper.
16. To predict the effects of a tax cut on consumption spending,
economists must have some estimate of the
a.
income effect.
b.
substitution effect.
c.
relative price effect.
d.
marginal propensity to consume.
17. The principal way in which an economy self-corrects from
an inflationary gap is through
a.
deflation, which increases purchasing power.
b.
inflation, which reduces purchasing power.
c.
disinflation, which maintains purchasing power.
d.
price level decreases, which stimulate production.
18. When the inflationary gap is finally eliminated, a long-run
equilibrium is established with a ____ price level and with GDP
____ potential GDP.
a.
higher; equal to
b.
higher; greater than
c.
lower; equal to
d.
lower; greater than
19. An inflationary gap exists when consumers
a.
are saving more than businesses are investing.
b.
and businesses are purchasing less than the economy is capable
of producing.
c.
and businesses are demanding more than the economy is capable
of producing.
d.
and businesses are demanding less than the full employment
level of output.
20. The typical result of an adverse supply shock is
a.
falling output accompanied by accelerating inflation.
b.
falling output accompanied by decelerating inflation.
c.
rising output accompanied by accelerating inflation.
d.
rising output accompanied by decelerating inflation.
21. The case for government stabilization policy is made more
compelling if the
a.
self-correcting mechanism works very slowly.
b.
self-correcting mechanism works too fast.
c.
value of the multiplier is very small.
d.
aggregate supply curve is very flat.
22. As the U.S. labor force grows and the nation's capital stock
is augmented by investment, the
a.
price level will rise.
b.
aggregate supply curve shifts inward.
c.
aggregate supply curve shifts outward.
d.
aggregate supply curve becomes steeper.
23. A decrease in the price of resources will cause the aggregate
supply curve to
a.
shift outward.
b.
shift inward.
c.
become flatter.
d.
become steeper.
24. Aggregate supply is defined as
a.
how much the economy can produce at zero unemployment.
b.
an amount of output the economy will produce at full
employment.
c.
the relationship between the expenditures schedule and the
leakages schedule.
d.
the relationship between the price level and the quantity of real
GDP supplied.
25. Fiscal policy consists of
a.
taxes and interest rates.
b.
government purchases and defense spending.
c.
the money supply and taxes.
d.
taxes and government spending.
26. The government's fiscal policy is its plan to influence
aggregate demand by changing
a.
the money supply.
b.
minimum wage levels.
c.
sales taxes.
d.
taxation and spending.
27. Historically, the government has used fiscal policy to affect
the economy through
a.
central planning.
b.
indicative planning.
c.
aggregate demand.
d.
aggregate supply.
28. The use of spending and taxes by the government to
influence aggregate demand is known as
a.
monetary policy.
b.
governmental policy.
c.
administrative policy.
d.
fiscal policy.
e.
federal policy.
29. The oversimplified formula for the multiplier is misleading
because it ignores the effects of
a.
price-level changes.
b.
the foreign sector.
c.
variable taxes.
d.
All of the above are correct.
30. An automatic stabilizer is a feature of the economy that
a.
makes prices "sticky."
b.
reduces its sensitivity to shocks.
c.
maximizes its volatility.
d.
automatically reduces recessionary trends.
31. How does an increase in government transfer payments
affect aggregate demand?
a.
It has the same effect as a tax increase, which lowers AD with a
larger multiplier than a spending decrease.
b.
It has the same effect as a tax cut, which increases AD but with
a smaller multiplier than a change in spending.
c.
It has the same effect as a spending increase, which increases
AD with a larger multiplier than a tax cut.
d.
It has the same effect as a spending decrease, which increases
AD with a larger multiplier than a spending decrease.
Figure 11-1
32. In Figure 11-1, the slope of the expenditures schedule is .75
and the government wishes to achieve full employment. It
should
a.
cut spending by 1,000.
b.
increase spending by 1,000.
c.
cut taxes by 1,000.
d.
increase spending by 250.
e.
cut taxes by 250.
33. A bank run involves a large flow of money
a.
into bank depositors' accounts.
b.
into checking and savings accounts.
c.
out of depositors' accounts.
d.
out of individuals' cash reserves into money market funds.
34. Barter is a system of
a.
trade without the use of money.
b.
trading one good for another.
c.
the double coincidence of wants.
d.
All of the above are correct.
35. Fiat money is
a.
always backed by gold or silver.
b.
useful in buying Italian cars.
c.
only backed by government decree.
d.
not as liquid as precious metals.
37. With the invention of banking, one important aspect of
money was that
a.
banks have some discretion over the money supply.
b.
banks have complete control over the money supply.
c.
governments lost all control over the money supply.
d.
individuals have no discretion over the money supply.
38. One intention of deposit insurance is to reduce the danger of
a.
excess lending.
b.
excess profits.
c.
risky lending.
d.
bank runs.
e.
All of the above are correct.
39. Which of the following would be a liability to a bank?
a.
cash in the vault
b.
a loan to a new business
c.
a checking account of a professor
d.
All of the above are correct.
40. The central bank of the United States is known as the
a.
Internal Revenue Service.
b.
Federal Reserve System.
c.
Federal Deposit Insurance Corporation.
d.
Department of Commerce.
41. Technically, the Federal Reserve district banks are
corporations whose stockholders are the
a.
state governments in each district.
b.
citizens of the United States.
c.
Departments of Treasury and Commerce.
d.
member banks.
42. Which of the following observations is true?
a.
State governments are the shareholders of the Fed.
b.
The Fed chairman is appointed for a ten year term.
c.
FOMC decisions largely determine short-term interest rates.
d.
Member banks proportionately share all of Federal Reserve's
profits.
43. If the Federal Open Market Committee decides to expand
the money supply, then it will
a.
raise the discount rate to member banks.
b.
issue directions to purchase government securities, thus putting
more reserves in member banks.
c.
issue directions to sell government securities, thus taking
reserves from member banks.
d.
order new Federal Reserve notes delivered to member banks.
44. Which of the following statements is correct?
a.
from the bank's point of view, loans to customers are assets of
the bank
b.
from the bank's point of view, loans to customers are liabilities
of the bank
c.
from the customer's point of view, loans to customers are assets
of the customer
d.
from the customer's point of view, loans to customers are
liabilities of the customer
e.
a and b only
f.
a and d only
45. If the banking system has $5 million in excess reserves, and
the required reserve ratio is 25 percent, what is the maximum
amount by which the money supply can be increased?
a.
$25 million
b.
$20 million
c.
$5 million
d.
$2.5 million
46. The required reserve ratio is 10 percent, but banks actually
keep 20 percent on reserve. The actual money multiplier will be
a.
10.
b.
9.
c.
5.
d.
2.
e.
1.
47. If the Fed buys more bonds from the public, and increases
the price it is willing to pay for the bonds, what will happen to
interest rates?
a.
They will rise.
b.
They will fall.
c.
They will remain unchanged.
d.
The relationship between bond prices and interest rates is
unclear.
48. If the Fed decides to buy T-bills, it increases the demand for
T-bills. How will this affect the price of T-bills and the interest
rate?
a.
T-bill prices fall and interest rates fall.
b.
T-bill prices rise and interest rates rise.
c.
T-bill prices rise and interest rates fall.
d.
T-bill prices fall and interest rates rise.
2
A First-Person Perspective
The activism of the 1960s, 1970s, and early 1980s reflected
women’s desire for improvement in their lives.
Topic:
For this Unit 7 Assignment, you will examine women’s
involvement in one of the activist movements critical to these
decades, the civil rights movement, Asian American activism,
Chicana activism, or AIM. Once you have identified the specific
activist movement, you will want to address how the second
wave of feminism impacted women’s experiences in your
selected activist movement.
There are two parts to this Assignment: An analysis portion in
which you will provide an analysis based on your Unit 7
Reading about women’s activism during the 1960s, 1970s, and
early 1980s, and a reflection portion in which you will reflect
on the accomplishments of women in the activist movement you
have selected.
Content:
The first step for this Assignment is to determine which activist
effort you would like to emphasize in this Assignment. Select
one activist effort from the following list: AIM (American
Indian Movement), Asian American activism, Chicana activism,
or the civil rights movement.
Once you have selected your activist effort, you will follow the
guidelines below.
Part I: Analysis portion of the Assignment:
What were the main issues that women were fighting for as part
of the activist movement you have selected? To what degree
were they successful? What was the impact of the second wave
of feminism on the activist movement you have selected?
Address the Unit 7 Reading material, emphasizing material
regarding the activist movement you select and the second wave
of feminism.
Part II: Reflection portion of the Assignment:
Reflect on the impact women’s participation in activist
movements would have on their personal lives. Consider the
impact of the second wave of feminism on women’s
experiences. Consider one particular individual involved in the
activist movements of the 1960s, 1970s, and 1980s whose
experiences inspired you. Consider, too, how you may be able
to relate to the determination of women involved in the activism
of the 1960s, 1970s, and 1980s.
Word Count:
The Assignment should be at least 500 words and should
employ connections to the Unit 7 Reading material. You should
follow the Unit 7 Assignment template in Course Documents.
APA formatting:
Connections to the Unit 7 Reading material are required for this
Assignment. Be sure to include APA parenthetical citations and
references; formatting for citations and reference entries should
follow the APA 6th edition style guide, which is available under
Content / Academic Tools via the Academic Writer link.
Running head   SAMPLE Unit 2 Higher Education Assignment Template.docx

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MOOD STABLIZERS DRUGS.pptx
 
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Running head SAMPLE Unit 2 Higher Education Assignment Template.docx

  • 1. Running head: SAMPLE Unit 2 Higher Education Assignment Template 1 SAMPLE Unit 7 Assignment Template 5 SAMPLE Unit 7 Women’s Activism Assignment Student Name Purdue University Global SS360 – section number Unit 7 assignment instructions: A First Person Perspective The activism of the 1960s, 1970s, and early 1980s reflected women’s desire for improvement in their lives. Topic: For this Unit 7 Assignment, you will examine women’s involvement in one of the activist movements critical to these decades, the civil rights movement, Asian American activism, Chicana activism, or AIM. Once you have identified the specific activist movement, you will want to address how the second
  • 2. wave of feminism impacted women’s experiences in your selected activist movement. There are two parts to this Assignment: An analysis portion in which you will provide an analysis based on your Unit 7 Reading about women’s activism during the 1960s, 1970s, and early 1980s, and a reflection portion in which you will reflect on the accomplishments of women in the activist movement you have selected. Content: The first step for this Assignment is to determine which activist effort you would like to emphasize in this Assignment. Select one activist effort from the following list: AIM (American Indian Movement), Asian American activism, Chicana activism, or the civil rights movement. Once you have selected your activist effort, you will follow the guidelines below. Part I: Analysis portion of the Assignment: What were the main issues that women were fighting for as part of the activist movement you have selected? To what degree were they successful? What was the impact of the second wave of feminism on the activist movement you have selected? Address the Unit 7 Reading material, emphasizing material regarding the activist movement you select and the second wave of feminism. Part II: Reflection portion of the Assignment: Reflect on the impact women’s participation in activist movements would have on their personal lives. Consider the impact of the second wave of feminism on women’s experiences. Consider one particular involvement involved in the activist movements of the 1960s, 1970s, and 1980s whose experiences inspired you. Consider, too, how you may be able to relate to the determination of women involved in the activism of the 1960s, 1970s, and 1980s. Word Count: The Assignment should be at least 500 words, and should
  • 3. employ connections to the Unit 7 Reading material. You should follow the Unit 7 Assignment template in Course Documents. APA formatting: Connections to the Unit 7 Reading material are required for this Assignment. Be sure to include APA parenthetical citations and references; formatting for citations and reference entries should follow the APA 6th edition style guide, which is available under Content / Academic Tools via the APA Style Central link. Submit the assignment to the Unit 7 Dropbox when it is complete. Assignment Tips: Remember to include APA formatting (citations and references). NOTE: The first step for this Assignment is to determine which activist effort you would like to emphasize in this Assignment. Select ONE activist effort from the following list: AIM (American Indian Movement); Asian American activism; Chicana activism; or the civil rights movement. Part One of the Unit 7 Assignment should address the following: 1. What were the main issues that women were fighting for as part of the activist movement? 2. To what degree were women successful as part of these activist efforts? 3. What was the impact of the second wave of feminism on the activist movement you have selected? Part Two of the Unit 7 Assignment should address the following: 1. What impact would women’s participation in activist movements have on their personal lives? 2. What would be the impact of the second wave of feminism on
  • 4. women’s experiences? 3. Consider the impact of the second wave of feminism on women’s experiences. Consider one particular involvement involved in the activist movements of the 1960s, 1970s, and 1980s whose experiences inspired you. Consider, too, how you may be able to relate to the determination of women involved in the activism of the 1960s, 1970s, and 1980s. Paragraphs: Use paragraphs as part of your assignment, including an introductory paragraph; supporting paragraphs; and a conclusion. Word Count: This assignment should include at least 500 words. Citations and References: The unit 7 assignment requires the incorporation of terminology and ideas from the Dubois & Dumenil course text. As such, you must include citations in the unit 7 assignment and at least 1 reference entry on the References page of your assignment. Checklist: □ Did I include essay format? (an introductory paragraph with a thesis statement, supporting paragraphs, and a conclusion) □ Did I include 500 words? This assignment should be 500 words. The word count does not include the title page and the references page. □ Did I include parenthetical citations? This assignment requires that you include connections to the course text through citations and references. Follow the APA style of writing when formatting the essay, the citations, and the references included on the references page. Formatting for citations and reference entries should follow the APA 6th edition style guide, available under Content / Academic Tools via the APA Style Central link. □ Did I include a References page? This assignment requires you to reference your textbook as your main source. If you opt to use other credible sources that support your main points of
  • 5. discussion, these must be included in the references section (and cited in the assignment). SAMPLE References Dubois, E. C. & Dumenil, L. (2019). Through Women's Eyes: An American History with Documents (Fifth edition). Boston: Bedford / St. Martins. Macro Economics Exam Short Essays: Please select and answer seven ( 7) of the following essay type questions. A. Please explain with specific examples for each category: “Among risks the Fed is taking: that some programs won’t work, that officials won’t be able to unwind them, that politicians will grow accustomed to directing the central bank to fix problems its tools aren’t designed to solve, and that public discontent about the central bank’s choices will erode its authority over time. “ WSJ 04 28 2020 B. What specific Macro-economic phenomenon is being described. Explain how this phenomenon impacts the balance sheet of the Federal reserve and of a commercial bank, “The Fed has a unique power, the ability to create money by crediting banks with funds they can lend. That helps it guide the cost of money, which is the interest rate” WSJ 04 28 2020.
  • 6. C. Please describe four major initiatives that the Federal Reserve has undertaken, in order to address the impact of COVID-19 to the economy. D. What does the “Bagehot’s Dictum,” refer to? Please explain in the context of the effect of the current effect of the COVID- 19 to the economy. E. Suppose the economy is suffering in a recessionary period. Firms are facing increasing inventories and individual consumers are increasing their saving to prepare for hard times ahead. What is likely to happen to the economy and can it correct itself and grow toward full employment in the short run? How is this different and how is it similar to the impact of the COVID-19 in the economy? F. Describe the role of business inventory change in determining the equilibrium level of GDP and changes in the level of GDP. G. Differentiate between an induced increase in consumption and an autonomous increase in consumption. How are they represented on a graph? H. The expenditure schedule and the aggregate demand curve show much the same thing, with one crucial difference-the price level. How does the price level affect the two schedules? I. Define the terms recessionary gap and inflationary gap. Why
  • 7. do they occur? Please frame your answer within the context of the COVID-19 impact in the economy. J. Why do booms and recessions tend to be transmitted across national borders? Please frame your answer within the context of the COVID-19 impact in the economy. K. The total expenditure schedule in Macroland begins with these initial levels (in billions of dollars): Income = 1,000; Consumption = 900; Investment = 200; Government = 300; Net Exports = −100. If the MPC = 0.75 and income increases in increments of 200, find the equilibrium level of income. If full employment requires an income level of 2,000, what (if anything) should the government do? Indicate both the direction of the spending change and the size of the spending change. L. What is a multiplier? How does the multiplier effect occur? Please provide examples of at least three types of multipliers in an economy. Please provide some examples within the context of the COVID-19 impact in the economy. M. Distinguish between a movement along the aggregate supply curve and a shift of the entire aggregate supply curve. What factors cause each to occur? Please include in your answer the COVID-19 impact in the economy. N. What causes the aggregate supply curve to have an upward slope in the short run, but a vertical slope in the long run?
  • 8. O. Using the concepts of aggregate demand and aggregate supply, explain how the economy reaches an equilibrium level of real GDP and price level. P. Why is it possible that the economy will not self-correct out of a recessionary gap? Please explain your answer within the context of the COVID-19 impact in the economy. Q. What is meant by an economy's self correcting mechanism? Explain the process through which self correcting mechanism reduces inflationary gap. R. When price level is considered, the value of the multiplier will be less than that suggested by the oversimplified version of multiplier. Why? S. Why is a period of stagflation part of the normal aftermath of a period of excessive aggregate demand? T. Discuss some of the arguments that help explain why wages and prices rarely fall in a modern economy. U. Define the following terms and explain their significance to the study of macroeconomics: a. fiscal policy b. transfer payments c.
  • 9. effect of income taxes on the multiplier d. supply-side tax cuts e. automatic stabilizer V. Explain why a change in income tax rates causes the consumption schedule to change slope. W. Why does the numerical value of the multiplier fall when an income tax is added to the income-expenditure model? X. Why is the personal income tax considered to be one of the main features of our modern economy that helps ensure against a repeat performance of the Great Depression? Y. How do transfer payments function as negative taxes? Z. Explain how a "conservative" and a "liberal" might differ in the types of policies they advocate to counteract a recessionary gap. AA. Explain some of the steps that a government would wish to adopt in an inflationary environment. BB. What is the difference between tax cuts imposed on higher- income households compared with lower- and middle-income households? Discuss the implications for the multiplier and the effectiveness of the tax cuts for boosting GDP.
  • 10. CC. What are the policies usually advocated by supply side economists? How do they justify these proposals? DD. Discuss some of the general conclusions arrived at about supply-side tax initiatives. EE. What would be the likely result of a recessionary gap? If this leads to a fall in the nominal wage what impact it would have on the aggregate supply curve and on recessionary gap? FF. Describe the main explanations for the downward rigidity of wages in the modern macro-economy. Evaluate their probability of being correct and important. GG. Using the aggregate demand/aggregate supply model, explain the difference in the employment prospects of the graduates of 2007 and 2009. HH. Define the following terms and explain their importance to the study of macroeconomics: a. money b. M1 c. near money d. bank run
  • 11. II. What is a barter system? What are the drawbacks of this system? JJ. Why are the following included in the broader definition of supply known as M2? (a) money market deposit accounts (b) money market mutual funds (c) savings accounts KK. What is fiat money? Why is fiat money important in the United States today? LL. In what sense can it be said that money is a social invention? How does a barter system of trade compare to the invention of money? MM. The banking system of the United States is a fractional reserve system. What dangers does this pose for the safety of the banking system? NN. Bankers have a reputation for conservatism in politics, dress, and business affairs. Is there an economic rationale for this conservatism? Explain. OO. Why are credit cards not considered part of the money supply?
  • 12. PP. What may limit the size of the money supply expansion to an amount less than indicated by the oversimplified deposit creation formula? QQ. Explain the "too big to fail" doctrine. RR. What is the criticism leveled against deposit insurance by the FDIC? SS. Discuss some of the government regulations designed to ensure depositors' safety and to control the money supply. TT. Explain why monetary policy is needed specifically with regard to the existence of excess reserves. Compare and contrast the effectiveness of monetary policy during the Great Depression and the Great Recession? UU. Define the following terms and explain their importance to the study of macroeconomics. a. central bank b. Federal Open Market Committee c. supply of money d. monetary policy
  • 13. VV. Why is the Chair of the Fed Reserve considered by many to be the most powerful person in the economic world? WW. Explain how interest rates and bond prices are related to one another. Why is this important for monetary policy? XX. Why do economists insist on emphasizing the difference between money and income? Why is this difference important in macroeconomics? YY. Describe the origins of the Fed and the arguments about the independence of the Fed. ZZ. How does a central bank influence the lending capacity of the banks? AAA. Explain the concept of 'lender of last resort'. What is discount rate? BBB. What is the federal funds rate? What are the main determinants of the federal funds rate? CCC. How does an open market purchase by the Fed affect the level of bank reserves and the interest rate? Illustrate the interest rate effect by drawing the appropriate graph. DDD. Explain the linkages in the causal chain when the Fed
  • 14. conducts a contractionary monetary policy. What will be the ultimate effect on GDP? EEE. In 2007, as stock prices in general were falling, many investors began switching their funds into purchasing bonds. Surveys suggest that many of these investors did not understand the basic relationship between bond prices and interest rates. Using a numerical example, illustrate how an increase in the demand for bonds would affect the interest rate paid on bonds. FFF. Explain the relationship between interest rates and (1) investments in housing, and (2) business investments. GGG. Why does the economy's aggregate demand curve have a negative slope? Please answer all of the multiple choice questions: Multiple choice questions: 1. The difference between disposable income and consumption spending is a.
  • 15. transfer payments. b. personal taxes. c. net exports. d. personal investment. e. personal saving. 2. Historical data depicted on a scatter diagram show that consumer spending and disposable income a. converge as income grows. b. generally move together. c. diverge as income grows. d. show no clear relationship. 3. If real disposable income is $300 billion and real consumer expenditures are $250 billion, it can be assumed that
  • 16. a. the government is spending the difference. b. the difference is being invested. c. households are saving the difference. d. transfer payments make up the difference. 4. The relationship between consumer spending and disposable income is called the a. conjunction function. b. consumption function. c. aggregate demand function. d. marginal spending function. 5. The Marginal Propensity to Consume (MPC) is defined as the change in
  • 17. a. C over the change in DI. b. income over the change in disposable income. c. DI over the change in C. d. total income over the change in net income. 6. The nation's disposable income increases by $400 billion and, as a result, consumer spending increases by $320 billion. Therefore, the MPC equals a. 0.16. b. 0.20. c. 0.60. d. 0.80. e. 0.96.
  • 18. Figure 8-1 7. Based on the scatter diagram in Figure 8-1, approximately how much will consumption increase after a permanent tax cut of $400 billion? a. $100 billion b. $150 billion c. $250 billion d. $350 billion 8. If income in Austria decreases by 30 million euros and consumption decreases by 24 euros, then the MPC equals a. 0.90. b. 0.80. c. 0.60
  • 19. d. −0.60. 9. To predict the effects of a tax cut on consumption spending, economists must have some estimate of the a. income effect. b. substitution effect. c. relative price effect. d. marginal propensity to consume. 10. A movement from one point to an another point on the same consumption function could be caused due to a. changes in wealth. b. an increase in the general price level. c. decrease in the real interest rates. d.
  • 20. changes in disposable income. Figure 8-2 11. In Figure 8-2, which of the following moves can be explained by a decrease in the price level? a. A to B b. A to C c. A to D d. A to E Figure 9-1 12. In Figure 9-1, at $7,000 billion real GDP, a. inventories are increasing.
  • 21. b. spending falls short of output. c. spending exceeds output. d. Both a and b are correct. 13. Government stabilization policy a. cannot influence investment spending. b. can stimulate aggregate demand and thereby induce businesses to invest, but the amount is not totally predictable. c. can stimulate aggregate demand, but investment spending will not be affected. d. can stimulate aggregate demand, but only in the long run. 14. The Japanese economy has been consistently weak throughout the 1990s. This has caused a slight deflation, illustrating the a. negligible cost of eliminating inflation.
  • 22. b. very slow operation of the economy's self-correcting mechanism. c. tendency of inflation to accelerate during recessions. d. rapidity with which inflation can be stopped. 15. When money wages rise, the most significant effect on the aggregate supply curve is that it a. shifts outward. b. shifts inward. c. becomes flatter. d. becomes steeper. 16. To predict the effects of a tax cut on consumption spending, economists must have some estimate of the a. income effect. b. substitution effect. c.
  • 23. relative price effect. d. marginal propensity to consume. 17. The principal way in which an economy self-corrects from an inflationary gap is through a. deflation, which increases purchasing power. b. inflation, which reduces purchasing power. c. disinflation, which maintains purchasing power. d. price level decreases, which stimulate production. 18. When the inflationary gap is finally eliminated, a long-run equilibrium is established with a ____ price level and with GDP ____ potential GDP. a. higher; equal to b. higher; greater than c.
  • 24. lower; equal to d. lower; greater than 19. An inflationary gap exists when consumers a. are saving more than businesses are investing. b. and businesses are purchasing less than the economy is capable of producing. c. and businesses are demanding more than the economy is capable of producing. d. and businesses are demanding less than the full employment level of output. 20. The typical result of an adverse supply shock is a. falling output accompanied by accelerating inflation. b. falling output accompanied by decelerating inflation. c. rising output accompanied by accelerating inflation. d.
  • 25. rising output accompanied by decelerating inflation. 21. The case for government stabilization policy is made more compelling if the a. self-correcting mechanism works very slowly. b. self-correcting mechanism works too fast. c. value of the multiplier is very small. d. aggregate supply curve is very flat. 22. As the U.S. labor force grows and the nation's capital stock is augmented by investment, the a. price level will rise. b. aggregate supply curve shifts inward. c. aggregate supply curve shifts outward. d. aggregate supply curve becomes steeper.
  • 26. 23. A decrease in the price of resources will cause the aggregate supply curve to a. shift outward. b. shift inward. c. become flatter. d. become steeper. 24. Aggregate supply is defined as a. how much the economy can produce at zero unemployment. b. an amount of output the economy will produce at full employment. c. the relationship between the expenditures schedule and the leakages schedule. d. the relationship between the price level and the quantity of real GDP supplied. 25. Fiscal policy consists of
  • 27. a. taxes and interest rates. b. government purchases and defense spending. c. the money supply and taxes. d. taxes and government spending. 26. The government's fiscal policy is its plan to influence aggregate demand by changing a. the money supply. b. minimum wage levels. c. sales taxes. d. taxation and spending. 27. Historically, the government has used fiscal policy to affect the economy through a.
  • 28. central planning. b. indicative planning. c. aggregate demand. d. aggregate supply. 28. The use of spending and taxes by the government to influence aggregate demand is known as a. monetary policy. b. governmental policy. c. administrative policy. d. fiscal policy. e. federal policy. 29. The oversimplified formula for the multiplier is misleading because it ignores the effects of
  • 29. a. price-level changes. b. the foreign sector. c. variable taxes. d. All of the above are correct. 30. An automatic stabilizer is a feature of the economy that a. makes prices "sticky." b. reduces its sensitivity to shocks. c. maximizes its volatility. d. automatically reduces recessionary trends. 31. How does an increase in government transfer payments affect aggregate demand? a. It has the same effect as a tax increase, which lowers AD with a larger multiplier than a spending decrease.
  • 30. b. It has the same effect as a tax cut, which increases AD but with a smaller multiplier than a change in spending. c. It has the same effect as a spending increase, which increases AD with a larger multiplier than a tax cut. d. It has the same effect as a spending decrease, which increases AD with a larger multiplier than a spending decrease. Figure 11-1 32. In Figure 11-1, the slope of the expenditures schedule is .75 and the government wishes to achieve full employment. It should a. cut spending by 1,000. b. increase spending by 1,000. c. cut taxes by 1,000. d. increase spending by 250. e.
  • 31. cut taxes by 250. 33. A bank run involves a large flow of money a. into bank depositors' accounts. b. into checking and savings accounts. c. out of depositors' accounts. d. out of individuals' cash reserves into money market funds. 34. Barter is a system of a. trade without the use of money. b. trading one good for another. c. the double coincidence of wants. d. All of the above are correct.
  • 32. 35. Fiat money is a. always backed by gold or silver. b. useful in buying Italian cars. c. only backed by government decree. d. not as liquid as precious metals. 37. With the invention of banking, one important aspect of money was that a. banks have some discretion over the money supply. b. banks have complete control over the money supply. c. governments lost all control over the money supply. d. individuals have no discretion over the money supply. 38. One intention of deposit insurance is to reduce the danger of a. excess lending.
  • 33. b. excess profits. c. risky lending. d. bank runs. e. All of the above are correct. 39. Which of the following would be a liability to a bank? a. cash in the vault b. a loan to a new business c. a checking account of a professor d. All of the above are correct. 40. The central bank of the United States is known as the a. Internal Revenue Service. b. Federal Reserve System.
  • 34. c. Federal Deposit Insurance Corporation. d. Department of Commerce. 41. Technically, the Federal Reserve district banks are corporations whose stockholders are the a. state governments in each district. b. citizens of the United States. c. Departments of Treasury and Commerce. d. member banks. 42. Which of the following observations is true? a. State governments are the shareholders of the Fed. b. The Fed chairman is appointed for a ten year term. c. FOMC decisions largely determine short-term interest rates. d.
  • 35. Member banks proportionately share all of Federal Reserve's profits. 43. If the Federal Open Market Committee decides to expand the money supply, then it will a. raise the discount rate to member banks. b. issue directions to purchase government securities, thus putting more reserves in member banks. c. issue directions to sell government securities, thus taking reserves from member banks. d. order new Federal Reserve notes delivered to member banks. 44. Which of the following statements is correct? a. from the bank's point of view, loans to customers are assets of the bank b. from the bank's point of view, loans to customers are liabilities of the bank c. from the customer's point of view, loans to customers are assets of the customer
  • 36. d. from the customer's point of view, loans to customers are liabilities of the customer e. a and b only f. a and d only 45. If the banking system has $5 million in excess reserves, and the required reserve ratio is 25 percent, what is the maximum amount by which the money supply can be increased? a. $25 million b. $20 million c. $5 million d. $2.5 million 46. The required reserve ratio is 10 percent, but banks actually keep 20 percent on reserve. The actual money multiplier will be a. 10.
  • 37. b. 9. c. 5. d. 2. e. 1. 47. If the Fed buys more bonds from the public, and increases the price it is willing to pay for the bonds, what will happen to interest rates? a. They will rise. b. They will fall. c. They will remain unchanged. d. The relationship between bond prices and interest rates is unclear. 48. If the Fed decides to buy T-bills, it increases the demand for T-bills. How will this affect the price of T-bills and the interest rate?
  • 38. a. T-bill prices fall and interest rates fall. b. T-bill prices rise and interest rates rise. c. T-bill prices rise and interest rates fall. d. T-bill prices fall and interest rates rise. 2 A First-Person Perspective The activism of the 1960s, 1970s, and early 1980s reflected women’s desire for improvement in their lives. Topic: For this Unit 7 Assignment, you will examine women’s involvement in one of the activist movements critical to these decades, the civil rights movement, Asian American activism, Chicana activism, or AIM. Once you have identified the specific activist movement, you will want to address how the second wave of feminism impacted women’s experiences in your selected activist movement. There are two parts to this Assignment: An analysis portion in which you will provide an analysis based on your Unit 7 Reading about women’s activism during the 1960s, 1970s, and early 1980s, and a reflection portion in which you will reflect on the accomplishments of women in the activist movement you
  • 39. have selected. Content: The first step for this Assignment is to determine which activist effort you would like to emphasize in this Assignment. Select one activist effort from the following list: AIM (American Indian Movement), Asian American activism, Chicana activism, or the civil rights movement. Once you have selected your activist effort, you will follow the guidelines below. Part I: Analysis portion of the Assignment: What were the main issues that women were fighting for as part of the activist movement you have selected? To what degree were they successful? What was the impact of the second wave of feminism on the activist movement you have selected? Address the Unit 7 Reading material, emphasizing material regarding the activist movement you select and the second wave of feminism. Part II: Reflection portion of the Assignment: Reflect on the impact women’s participation in activist movements would have on their personal lives. Consider the impact of the second wave of feminism on women’s experiences. Consider one particular individual involved in the activist movements of the 1960s, 1970s, and 1980s whose experiences inspired you. Consider, too, how you may be able to relate to the determination of women involved in the activism of the 1960s, 1970s, and 1980s. Word Count: The Assignment should be at least 500 words and should employ connections to the Unit 7 Reading material. You should follow the Unit 7 Assignment template in Course Documents. APA formatting: Connections to the Unit 7 Reading material are required for this Assignment. Be sure to include APA parenthetical citations and references; formatting for citations and reference entries should follow the APA 6th edition style guide, which is available under Content / Academic Tools via the Academic Writer link.