Automatic stabilizers are changes in taxes or government spending that decrease aggregate demand without requiring policymakers to act when the economy is in an expansionary boom that is causing inflation.

Select one:

True

False

If there is no change in the unemployment compensation program, then the total amount of benefits paid to participants in the program will fall during economic expansions and rise during recessions.

Select one:

True

False

Critics of stabilization policy argue that the policy can be a source of, instead of a cure for, economic fluctuations because the lags associated with a discretionary policy create the possibility that an expansionary fiscal policy is implemented when the economy has already adjusted on its own to the natural rate of output.

Select one:

True

False

According to liquidity preference theory, a decrease in money demand for some reason other than a change in the price level causes the interest rate to rise, so aggregate demand shifts right.

Select one:

True

False

Automatic stabilizers tend to make the government’s budget move toward a deficit during recessions and toward a surplus during an economic expansion.

Select one:

True

False

What force drives a Keynesian model to equilibrium?

a. Disequilibrium in resource markets

b. Unintended changes in inventories

c. Government action

d. question: Keynesian models never reach equilibrium

Write recommendations for government fiscal policy (specific spending and taxation changes) that you feel would be best for the Canadian economy using your understanding of the economics concepts taught in the course. Use the following guidelines as you write your recommendations:

Give consideration to the impact your decisions would have on each of the economic indicators. Your discussion might consider some of the following topics: government debt and the budget surplus or deficit; the impact of these recommendations on government services; how Canadians will benefit from the recommended policies in the short term and in the long term; the multiplier effect; any potential problems with your recommendations. These are just some suggestions. Your argument should discuss several ways that your ideas will impact the economy. The recommendations you discuss could include several of these areas but you can use any relevant course concepts to justify your recommendations.

Briefly discuss what causes short run and long run changes in exchange rates. Be sure to include key terms such as asset market approach to exchange rates, purchasing power parity, and the monetary approach to exchange rates.

As we live through the COVID-19 circumstance, the world is going through major changes, as organizations are too. In no more than one page, please describe the roles that corporates and organizations took as part of their CSR role to help ease daily life with the recent unprecedented situation. You can use any example; any resources and you can use as many examples as you like. Make sure to describe the company’s activity industry, CSR activities and their impact.

Many people try to describe certain changes Western civilization is currently experiencing as a "revolution," while others disagree with these claims. Given what you've learned about the characteristics of previous revolutions, do you agree that we are currently experiencing a revolution? In order to answer this question, you must demonstrate an understanding of the Scientific and Industrial Revolutions, as well as what constitutes a revolution.

Are we currently experiencing a revolution?

With the major physical, cognitive and emotional changes that take place during adolescence. Now you’ll take what you’ve learned about the impact of sleep on development and reflect on how sleep (or lack of it) affects the adolescent.

For this assignment, answer each of the following prompts in one complete paragraph.

-Briefly explain a few of the significant developments that occur during adolescence and the impact they can have on future development.

-Explain the importance of sleep regarding the physical and cognitive changes that occur during adolescence.

-Reflect on your own adolescence. How much sleep were you getting at the time? How might your sleep patterns have impacted your development in the areas you mentioned above?

-On average, how many hours of sleep do you get now? Do you think that sleep is as important now as it was when you were an adolescent? Explain.

Chapter 15 HDEV really shifts the focus to physical development and highlights many important changes that impact our perception of us and how we interact with the world around us. Here, I'd like to consider how psychology and health interact. What harm can stress potentially do to the immune system of the middle-aged adult? What types environmental and social factors contribute to an increase in stress during this period in life? What do you believe to be the state of health and physical well-being of middle aged adults in the United States? Please make sure to provide support for your perspective. How does the text suggest that people can maintain good health during middle adulthood? What are some of the major factors that seem to contribute to poor health during this stage in life?

Instead, let’s talk about sales mix. This relates to the mix of products. How do changes in the mix of products impact breakeven? How could a shift in sales mix result in both a higher breakeven point and a lower net income? Use specific examples from a company you know something about. (for instance, for Apple you could do laptop vs. I-series items) What are the assumptions underlying sales mix and cost volume profit that are potentially misleading?