There's a photo on my wall of a woman I've never
met, its left corner torn and patched together with tape. She looks
straight into the camera and smiles, hands on hips, dress suit neatly
pressed, lips painted deep red. It's the
Oral Presentation Assignment
IUF 1000: What is the Good Life
Theme: Good Life & Real Life Confronting the Essential Questions of the Good Life
Each semester, your Good Life instructors are asked some version of the following question: How
Someone who believes in macroeconomic policy activism would suggest that
changes in the money supply or changes in fiscal policy are ineffective in keeping inflation
balancing the government deficit is more important than current economic problems
In the long run, the aggregate price level has:
no effect on the quantity of aggregate output. (correct answer, your response)
a positive effect on the quantity of aggregate output.
a negative effect on the quantity of aggregate output.
an impact on ag
Which of the following would be included in the U.S. current account?
factory in Japan purchased by a firm in the United States
share of stock of a company in the U.S. stock sold to someone in Japan
dividend on a share of stock of a company in the U.
Contractionary monetary policy involves
increasing the money supply, interest rates, and aggregate demand
increasing the money supply, and decreasing interest rates and aggregate demand
decreasing the money supply, interest rates, and aggregate dema
The main reason that the Great Depression ended was:
effective monetary policy by the Fed under the leadership of Paul Volcker.
the rise of Adolf Hitler in Germany in the 1930s.
Winston Churchill's foreign policy.
deficit spending in the United Stat
If the United States imports more goods from Japan than it exports to Japan, how could the
difference be financed?
U.S. consumers would simply borrow money from domestic banks.
The United States could buy more Japanese assets.
The United States could
The two principles of tax fairness are:
minimize distortions principle and the maximize revenue principle.
benefits principle and the ability-to-pay principle. (correct answer, your response)
proportional tax principle and the ability-t
Suppose the price elasticity of demand for oranges is 1.8. If a fall frost destroys one-third of
the nation's orange crop, how will that affect total revenue from oranges, all other things
Total revenue will rise.
Total revenue will fall. (c
If a local California avocado stand operates in a perfectly competitive market, that stand
owner will be a price:
taker (correct answer, your response)
Points earned: 1 out of 1
During the summer, Alex runs a lawn-mo
02.02 What Happens After High School?
Your results indicate that you enjoy hands-on activities addressing real-world challenges. You
would likely do well in a career path where you work with animals, plants, or building materials.
This career pa