What is the policy mix? Explain . How can policy makers use
their policy instruments to achieve their domestic policy goals? In
your answer explain how macro-policy can be used to combat the
problems of recession, overheating, and stagflation.
Define the word "dumping"as used by trade policy makers in the
USA and how this definition can be used to justify protectionism,
and why this definition is harmful to international trade
What is the definition of money in the United States? Does it
correspond to what you thought it was before you read Chapter 14?
What are the benefits of fiat money?
https://www.federalreserve.gov/faqs/money_12845.htm (Links to an
external site.)
https://www.federalreserve.gov/releases/h6/current/default.htm
(1) How can policy makers use their policy instruments to
achieve their domestic policy goals?
(2) Explain how macro-policy can be used to combat the problems
of recession and problems of overheating.
What policy instruments does the Fed use for the
monetary policy?
What are the pros and cons of using expansionary and
contractionary monetary policy tools under the following scenarios:
depression, recession, inflation, and robust economic growth? Which
do you think is more appropriate today?
Of what practical use are intelligence tests? Does it matter
what someone's "IQ" is? Why or why not? Do you think that you could
tell the difference between two people whose IQ scores differ by 10
points? By 20? (Assume normal, everyday type conversations.) At
what size gap do you think there WOULD be a noticeable difference?
What behavior(s) or other observations would signal to you that a
person has a higher IQ score?
Define pH. What does pH measure?
Write the definition of an acid. Give two examples of an acid.
Organic acids tend to contain what group of elements? (See lecture
notes.)
Write the definition of a base. Give two examples of a base.
Some organic bases contain what group of elements? (See lecture
notes.)
Compare a hydrogen ion and a hydrogen atom. (Hint: see your
chapter 2 worksheet). What atomic particles (and how many) are
present in a hydrogen ion? What...
Does octane matter: Octane is a measure of how much fuel can be
compressed before it spontaneously ignites. Some people believe
that higher-octane fuels result in better gas mileage for their
cars. The number of miles driven for various drivers until the car
ran out of gas was recorded. Does high-octane fuel result in better
gas mileage? Use significance level 0.05. (Paired
samples).
Driver
1
2
3
4
5
6
7
8
9
10
11
87 octane
234
257
243...