1. What is the paradox of thrift? Is it real? Is Saving Good or
Bad?
2. Give an example of the paradox pf thrift.
3. What is the reverse paradox of thrift?
True or false and explain
1. The paradox of thrift occurs when an increase in saving leads
to an increase in investment spending.
2. Suppose that the economy of Kennyland has an MPC of 0.8and an
MPIM of 0.2. Currently, real GDP is $1800 and full-employment GDP
is $2000. In this example, an increase in government spending of
$40 will eliminate the GDP gap.
The Paradox of Thrift theory states that free marketeers think
that saving is better than spending because when people choose to
save, the banks will then have more capital to invest in new
technologies and even if those technologies may cause unemployment
to rise, the decrease in wages will become an incentive for
business to hire more employees, causing unemployment rate to fall
back. Do you agree with this idea? Why?
How does the object-oriented view of component-level design
differ from the traditional view?
(Section 14.1.1 and 14.1.2)
Describe the differences between the software engineering terms
coupling and cohesion?
(Section 14.2.3 and 14.2.4)
Describe the component-level design for WebApps.
(Section 14.4)
What is the intent of domain engineering in CBSE?
(Section 14.7.1)
List three principles that should be applied when building any
user interface.
(Section 15.1)
What framework activities are completed when following an
evolutionary (or spiral) user interface development process?...
1) How does a bailment differ from a gift? 2) How does a
bailment differ from a lease? 3) Give an example of a bailment that
is not a contract. Give an example of a bailment that is a
contract.
True, False, Uncertain, Explain (intuitively and graphically)
Does paradox of thrift result still hold true when in the IS-LM
framework? Use the case where consumer confidence is falling. How
might this affect private savings and investment spending. Hint:
your answer can be motivated in part by the ID =
Sn identity.