Running Head: MACRO ECONOMICS Macro Economics Econ 214 Problem Set 3 Complete all questions listed below. Clearly label your answers. 1. Will increases in government spending financed by borrowing help promote a strong recovery from a severe recession. Why or why not? 2. Does fiscal policy have a strong impact on aggregate demand? Did the shift of the federal budget from deficit to surplus during the 1990s weaken aggregate demand? Did
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Question B For Question B‚ there was a need to simulate the possibility of supplier-1 not meeting the demand of the chocolate manufacturing company as it had an unexpected disease run across its fields. In order to simulate this hypothetical situation‚ we assume the company is diversified and has a backup supplier they could order from. The order amount supplier-1 could fulfill was set at 17 no matter what demand was because of the tree disease and the simulation was run for 5000 holiday seasons
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company uses a perpetual inventory system. During September‚ the following transactions occurred. Sept. 6 Purchased 80 calculators at $20 each from DeVito Co. for cash. 9 Paid freight of $80 on calculators purchased from DeVito Co. 10 Returned 2 calculators to DeVito Co. for $42 credit (including freight) because they did not meet specifications. 12 Sold 26 calculators costing $21 (including freight) for $31 each to Mega Book Store‚ terms n/30. 14 Granted credit of $31 to Mega Book Store
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Problem Set 5 Complete all questions listed below. Clearly label your answers. 1. What impact will an unanticipated increase in the money supply have on the real interest rate‚ real output‚ and employment in the short run? How will expansionary monetary policy affect these factors in the long run? Explain. An unanticipated increase in the money supply will have a significant negative or positive impact on different areas of the economy. Real interest rate will decrease in the short run when money
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Chapter 2 Freud’s Psychoanalytic Theory I. Biographical Sketch Born in 1856 in Freidburg‚ Moravis. Oldest son of his father’s second wife; Jewish family. Serious and intelligent boy who excelled in his studies. Interested in studying human nature‚ Freud entered the University of Vienna to study medicine. Met Dr. Brucke – famous physiologist. Shortly after Freud went to Paris‚ France to work with Jean Charcot – French neurologist. Married in 1886 to Martha Bernays‚ returned
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1.A student has to write a report about the causes of the rebellion in Libya for a Political Science class. Which source is the best place to start? News article from the New York Times about background on the Libyan rebellion 2.A mother of a sick toddler is looking for advice on when to take her child to the doctor. She should trust info from: The American Academy of Pediatrics’ website 3.A student is trying to remember the name of an actor in a movie she recently saw. Which one of these would
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different b) will want to trade if they are on the contract curve c) will not want to trade if their consumption bundles are not Pareto-efficient d) will only want to trade if they are not at their endowment e) may want to trade if the price ratio is not equal to one answer a If MRSA is not equal to MRSB‚ the two consumers will be able to arrange a mutually beneficial trade. Mutually beneficial trade will not occur only when the allocation of resources among A and B is already
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The Screwtape Letters: Chapter 2 As Christians‚ we often find ourselves getting distracted by worldly things‚ and that is what chapter 2 of the Screwtape letters is all about. In the beginning of the chapter‚ Screwtape tells his nephew that his patient has become a Christian‚ but that there is still hope for them. The main areas that Screwtape advises Wormwood to attack the man in are his perception of the church and taking advantage of his spiritual immaturity. Screwtape says that‚ "all the
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society because you need to make sure that you are looking out for yourself but at the same time you should not make market decisions based solely off your own selfish interests. A selfish business man or woman will never be successful in the long run. 2. Does your textbook present only positive economics and avoid any normative economics? If not‚ give some examples of normative economics covered in your textbook. The textbook presents both positive economics and normative economics. An example of normative
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“2-7 Algebra Lab Percentiles” 1. Find the median‚ lower quartile‚ and upper quartile of the scores. Median: 16.5 Lower quartile: 10.5 Upper quartile: 23.5 2. Which performer was at the 50th percentile? the 25th percentile? the 75th percentile? 50th percentile: Arnold 25th percentile: Ingrid 75th percentile: Brooke 3. Compare and contrast the values for the median‚ lower quartile‚ upper quartile‚ and the scores for the 25th‚ 50th‚ and 75th percentiles. If you estimate the percentiles‚ then the
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