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Unformatted text preview: Chapter 4 1. Know the definitions and understand the meanings of the terms: a. Increase or decrease in Demand b. Increase or decrease in Quantity Demanded c. Increase or decrease in Supply d. Increase or decrease in Quantity Supplied 2. Review and practice all the problems on 4B through 4D and 4F . 3. Re-do the Aplia problems for Chapter 4 Chapter 5 1. Study the powerpoint lecture on Ideologies (on Angel, Lessons, Week 4). Your goal is to understand the different views of a how a market economy functions championed by: a. Adam Smith b. Karl Marx c. John Maynard Keynes 2. Practice 5B in your courespack. 3. Be able to distinguish a stock variable from a flow variable. 4. What are the goals of macroeconomics? 5. What was Herbert Hoover’s error, according to the text (pg. 100?) 6. Study 5C and 5D and do the practice problems on 5E. 7. Practice the Aplia problems for Chapter 5....
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This note was uploaded on 10/20/2010 for the course ECON 101 taught by Professor Ohler during the Fall '08 term at Washington State University .
- Fall '08