Principles of MacroEconomics: 101
Problem Set #2
Due Date: May 9th
1. Explain each of the following: (a) the wealth effect, (b) interest rate effect, and (c) international trade
2. Explain what happens to the aggregate demand in each of the
Group Assignment 1
Answer all the questions
Due on 12th March, 2014 in the class.
Late submission will be penalized by deducing marks
The table below shows how the number of books Katie buys each year depends on
Katie's income Kati
CHAPTER 5PRODUCTION POLICY
1. The production function Q = 0.25X0.5Y exhibits:
a. constant returns to scale.
b. increasing returns to scale.
c. increasing and then diminishing returns to scale.
d. diminishing returns to scale.
The law of demand states that:
A. as the price of a good increases, more units are
B. there is a direct relationship between the price of
a good and the quantity of the good produced.
C. there is a negative relationship between the price
Released December 4, 2014
Center for Workforce Information & Analysis
Department of Labor & Industry
651 Boas Street
Harrisburg, PA 17121-0001
Email: [email protected]
Ch8: Money and Banking
Money and its Function
Money is any good that is widely accepted for
purposes of exchange and in the repayment of
Money reduces transaction costs because it is a
medium of exchange.
Money is a unit of account. We dont have
Measurements, Part II GDP and
Gross Domestic Product
GDP is the total market value of all final goods and
services produced annually within a countrys borders.
Expenditure Approach: compute GDP by adding the
money spent by bu
Chapter 21: International Finance
Chapter 21: International Finance
Multiple Choice Questions
EXCHANGE RATES: THE GLOBAL LINK
1. The exchange rate is the:
A) Opportunity cost at which goods are produced domestically.
B) Balance-of-trade ratio of one count
Ch5: Economic Instability:
A Critique of the Self-Regulating Economy
Questioning the Classical
According to Keynes, it was possible for saving to
increase and aggregate demand to fall.
Individuals save and invest for a host of reasons,
Gabriel A Dionne 4/21/2013 Advance Auditing Week 2 homework
Chapter 3: Problems 3-28(a-c), 3-30(a-c), 3-32, and 3-33(a-b)
Chapter 4: Problems 4-21(a-h), 4-24(a-f), 4-27, and 4-28(a-b)
a. Identify which of the conditions requiring a modification of or
A ggregate Demand, A ggregate Supply and Inflation
The Aggregate Demand Curve 1. Define aggregate demand. Aggregate demand is the total demand for goods and services in the economy. Difficulty: E 2. Type: D
Explain how aggregate quantity-demanded f
Chapter 35 - Extending the Analysis of Aggregate Supply
Chapter 35 Extending the Analysis of Aggregate Supply
1. Distinguish between the short run and the long run as they relate to macroeconomics. Why is
the distinction important? LO1
Due date: 12/9(? )
I. Multiple choice question
1. In the long run, all factors of production are
2. The above figure shows the short-run production functio
(12) United States Patent (10) Patent N0.: US 6,898,225 B2
Mooradian (45) Date of Patent: May 24, 2005
(54) COUPLED CAVITY HIGH POWER OTHER PUBLICATIONS
SEMICONDUCTOR IASER . . . ,
Cheng et al. Angular Filtering of Spatial Modes in a
Ch4: The Self Regulating
Classical Economists Views
Says Law: Supply creates its own demand.
Implied in Says Law: there cannot be either a
general overproduction of goods or a general
underproduction of goods.
Even in a money economy, where ind
Financial System of Malaysia
Financial System Structure in Malaysia
The Malaysian financial system is structured into two major categories, Financial Institutions
and Financial Market. The Financial Institutions comprise Banking System and N
National Human Rights Institution Input paper on the Right to Participate in Political and
1. PARTICIPATION IN THE CONDUCT OF PUBLIC AFFAIRS
The Human Rights Commission of Malaysia (SUHAKAM)believes that an important element of
Audit of the Acquisition
and Payment Cycle:
Tests of Controls,
Substantive Tests of
What accounts are typically involved in
the acquisition and payment cycle?
- purchase returns and allowances
Royal Caribbean Cruises Ltd
Final Exam Outline
12 3pm, Wednesday June 14
Half short and long answers on theory and
principles from course
Sample questions next week
Royal Caribbean Profile
No. 2 in indus
Answers to Homework #3
Due Tuesday, June 11, 2013
Directions: The homework will be collected in a box before the lecture. Please place your name,
TA name and section number on top of the homework (legibly). Make sure you write yo
Running head: SOUTHWEST AIRLINES
Southwest Airlines Analysis
STL435 Strategic Planning
March 30, 2014
Southwestern College Professional Studies
This is an example of Royal Caribbean that I think will help in providing you with an
example of the components needed for your case studies. This example included
components of the EFE, IFE, SWOT, and SWOT Matrix.