ECON112 Macroeconomics Problem Set 3 *Solution* Fall 2010 (Instructor: Li‚ Yao; TA: Fok Pik Lin‚ Astor) -----------------------------------------------------------------------------------------------------------------------------------Posted: Monday‚ November 1‚ 2010 Due: 5:30 PM Monday‚ November 8‚ 2010 40 marks total Part I: True/False/Uncertain Please justify your answer with a short argument for each question and draw a diagram if necessary. (15 marks‚ 3 marks each: 1 mark for correct judgment
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The statement that formal education tends to restrain our minds and spirits rather than set them free seems true to a very good extent. It is based on the assumption that too much of formal education tends to create a narrow line of thinking. Formal education dictates the path that a person is supposed to follow to reach his/her destination. It stresses on the need to learn from the mistakes of the unsuccessful people and adopt ways of the successful people. It discourages experimentation and out-of-the
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Society and The Group Mind Group mind is a controversial topic that can greatly effect our society. This psychological phenomenon occurs when a group of peers hold very similar thoughts and make decisions in a way that discourages contradicting opinions and behaviors. This happens when peers in a group conform to certain beliefs to minimize any conflict and to prevent social isolation. Since group mind can happen to anybody‚ from a small group of elementary school-aged students to a larger group
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Positive emotions can make the difference between a good or a bad day. There are also my benefits to positive emotions. Experiencing positive emotions can enhance resiliency. There will always be times were negative emotions are experience but‚ positive emotions all for one to offset the negative emotions and better handle stressful situations. Positive emotions also play a big role in an individual’s health. In regards to the cardiovascular and immune system health‚ the experience of positive
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ECN171 Economy of East Asia Problem Set 1 The data for this problem set is posted on SmartSite in the Resources folder. It was downloaded from the Penn World Tables version 7.1‚ which is publicly available at https://pwt.sas.upenn.edu/php_site/pwt_index.php . 1. Graph the GDP [per capita] of the East Asian countries in PS1_data.xls on one graph. Which East Asian country is the largest [richest] in 1960? In 2010? When did the switch occur? 2. Calculate the growth rates (log difference‚ using natural
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In the movie A Beautiful Mind‚ the main character John Nash is a very interesting individual. His personality was extremely unsociable‚ awkward‚ and slightly arrogant. However‚ he was very intelligent and considered a Mathematical genius. In the beginning of the movie‚ he had very few friends except for his roommate Charles. Nash was always searching for the next great challenge to prove his acceptance to society. He never seemed satisfied with his current achievements and always strived for more
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Brain Vs Mind Brain Mind Definitions The brain is an organ of soft nervous tissue‚ located in the skull of vertebrates; it is the controlling centre of the nervous system. (Dictionary 2010) The mind is the centre of the consciousness that generates thoughts and feelings; the mind itself stores knowledge and memories. (Dictionary 2010) Assumptions and Methods Monism is the belief that the brain and the mind are the same thing. (Robson 2011) MRI scans and other experiments have demonstrated
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Problem Set 3 1. Louise McIntyre’s monthly gross income is $2‚000. Her employer withholds $400 in federal‚ state‚ and local income taxes and $160 in Social Security taxes per month. Louise contributes $80 per month for her IRA. Her monthly credit payments for VISA‚ MasterCard‚ and Discover card are $35‚ $30‚ and $20‚ respectively. Her monthly payment on an automobile loan is $285. What is Louise’s debt payments-to-income ratio? Is Louise living within her means? Louise’s Gross Income | =
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popular film "A Beautiful Mind " adequately depicts the life of a man living with schizophrenia. According to the National Institute of Mental Health (2016)‚ schizophrenia is known as a chronic and severe mental disorder that affects a person’s way of thinking‚ feeling and behavior. This film offers us as the audience‚ a vivid portrayal of the different opinions on the outcomes of mental illness without restricting such instances to just this perspective. Being an individual filled with great talents
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of the Millionaire Mind The objective of the book is to change the reader’s psychological approach to money‚ success‚ and happiness. Like there is no such thing as a really rich victim. Rich people focus on opportunities‚ poor people focus on obstacles. Rich people admire other rich and successful people‚ poor people resent rich a successful people. Rich people are good receivers‚ while poor people are not. Rich people are always learning and growing‚ while poor people think they already know.
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