Contents of this package include:
Group Project Instructions
This document represents an agreement between the instructor
and the student. By
If there is too little exposition, we will get bored.
2 of 2
Question 2. Question :
People who are "builders" include:
D. All of
A Raisin in the Sun Reading Review
1. Open a new MS Word document. Please format it as such:
Margins top, bottom and sides: .5
Font: Times New Roman, 14 point
Line spacing: Single
Please name the file:
Play Title Group
Introduction to Philosophy
Class Four Worksheet - Unit 1: C3, C4, D1a
1) what is a world-view? Why do we construct them?
Ans: World-view is the way of seeing the world; it the way of seeing and understanding that
which is appealing to human consciousness.
Principles of Macroeconomics Spring 2017
Assignment #1 (20 points)
Name _Kristie Rucker_
INSTRUCTION: Read each question carefully and answer in the space provided. Please highlight your
answers (or use a different color of font) and show all work where n
Chapter 13Money and the Economy
1. Monetarists can be described as a group of macroeconomists who
a. emphasize the importance of the federal government's involvement in the economy to
dampen the harmful effects of the business cycle.
Chapter 12The Federal Reserve System
1. The Federal Reserve System is the
a. federal government agency that collects taxes and spends these receipts on tanks, bridges,
government employees' salaries, etc.
b. company that delivers packages
Chapter 14Monetary Policy
1. The demand-for-money curve illustrates the _ relationship between the quantity demanded
of money and _.
a. inverse; the interest rate
b. direct; GDP.
c. direct; the interest rate
d. inverse; GDP
Chapter 10Fiscal Policy and the Federal Budget
1. A balanced budget occurs when
a. the national debt is reduced to zero dollars.
b. a budget deficit during one year is matched by a budget surplus in the next year.
c. transfer payments equa
Chapter 3Supply and Demand: Theory
1. The law of demand states that price and quantity demanded are
a. directly related, ceteris paribus.
b. inversely related, ceteris paribus.
d. positively related, ceteris paribus.
Chapter 2Economic Activities: Producing and Trading
1. Points outside (or beyond) the PPF are
LOC: Scarcity, tradeoffs, and opportunity cost
Chapter 1What Economics Is About
1. The author of the text defines economics as the
a. science of efficiency.
b. science of scarcity.
c. study of markets.
d. study of human activity.
LOC: The study of economics and
Chapter 4Supply and Demand: Practice
1. Colleges and universities use such things as grade point averages and standardized test scores as
a. a measure of consumer utility.
b. non-price rationing devices.
c. a means to shift the supply curv
Chapter 7Aggregate Demand and Aggregate Supply
1. An aggregate demand (AD) curve shows the
a. amount of a particular good people are willing and able to buy at a particular price, ceteris
b. real output (Real GDP) people are willi
Chapter 11Money and Banking
1. To an economist, money is a synonym for which of the following?
e. none of the above
LOC: The role of money
2. Barter is
Chapter 8The Self-Regulating Economy
1. When the economy is at its full employment Real GDP, the unemployment rate is equal to
b. the natural unemployment rate.
c. the frictional unemployment rate.
d. the structural unemployment r
Chapter 9Economic Instability: A Critique of the Self-Regulating Economy
1. According to Keynes, what households plan to save
a. always equals what firms plan to invest.
b. sometimes equals what firms plan to invest.
c. is always greater t
Chapter 5Macroeconomic Measurements, Part I: Prices and Unemployment
1. The CPI was 140 in one year and 146 the following year. Approximately how much did prices rise
between the two years?
a. 4.29 percent
b. 4.11 percent
c. 6 percent
Chapter 6Macroeconomic Measurements, Part II: GDP and Real GDP
1. Gross Domestic Product (GDP) is the total market value of all
a. final goods and services produced annually within a country's borders.
b. final and intermediate goods and s
WORKSHEET 21: MAXIMIZING THE VALUE OF PRODUCTION
Now suppose that each of these firms each produces a different product (good A, good B and good C).
Each good will have a different price as indicated below. Use this information to de
WORKSHEET 20: MAXIMIZING OUTPUT
The following table represents the productivity of one input (labor) in three different firms (Firm 1, Firm 2,
and Firm 3), each producing good X. Use this information to determine how much labor shoul