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Question : 111) Which of the following best represents the view of : 1384463

Economics

 

111) Which of the following best represents the view of the Classical economists regarding money?

A) Relative prices are determined by the money supply.

B) The monetary sector influences consumers’ preferences and relative prices.

C) The economy is composed of the real sector and the monetary sector, and the latter does not affect the former.

D) The distribution of income is affected by the money supply.

E) The allocation of resources is affected by the money supply.

112) According to the views of the Classical economists, if the money supply doubles,

A) money prices will double.

B) money prices will be halved.

C) relative prices will double.

D) real income will double.

E) there will be no effect on money prices.

113) Classical economists’ belief in the “neutrality of money” led them to argue that

A) absolute prices were determined in the real part of the economy.

B) the allocation of resources was determined by the quantity of money and not by the forces of supply and demand.

C) relative prices have no role in the real allocation of resources.

D) a change in the quantity of money would not affect money prices or relative prices.

E) a change in the quantity of money would change the price level but would not change relative prices.

114) Which of the following statements best describes the difference between the Classical and modern views regarding the role of money in the economy?

A) Both schools of thought accept the neutrality of money within the economy.

B) Unlike modern economists, Classical economists believed that the neutrality of money existed only in the long run.

C) Classical economists argued that relative prices are determined by the supply of money, while modern economists believe that the money supply will never affect relative prices.

D) Both Classical and modern economists accept the neutrality of money in the long run, but modern economists question neutrality in the short run.

E) Both Classical and modern economists accept the neutrality of money in the short run, but modern economists question neutrality in the long run.

115) The long-run neutrality of money implies that

A) changes to the money supply have no effect on either the price level or real GDP.

B) changes to the money supply never have any effect on real GDP.

C) in response to any change in the money supply, the economy’s adjustment process will bring Y back to Y*, which is unaffected by the change in the money supply.

D) the economy’s level of potential output will adjust to accommodate any change in the money supply.

E) in response to any change in the money supply, the demand for money will adjust to cancel out its effects on all macroeconomic variables.

116) The hypothesis in economics known as hysteresis is that

A) the economy’s adjustment process operates in response to an expansion of the money supply, but not a contraction.

B) changes in the money supply have a stronger influence on investment demand than do changes in fiscal policy.

C) the monetary transmission mechanism does not apply in an open-economy setting.

D) the role of money in the long run is neutral.

E) the path of real GDP in an economy can influence that economy’s level of potential output.

117) Suppose changes in the money supply only affected the price level and never affected real GDP. If this were the case, it could be viewed as evidence

A) that the modern view of the neutrality of money is correct.

B) supporting both the Classical and modern views of the neutrality of money.

C) that both the Classical and modern views of the neutrality of money are incorrect.

D) that the Classical view of the neutrality of money is correct.

E) that has no bearing on the theories of either Classical or modern economists.

A) $500 billion; 2%; 100; $800 billion

B) $540 billion; 2%; 102; $805 billion

C) $500 billion; 4%; 104; $800 billion

D) $540 billion; 4%; 102; $795 billion

E) $540 billion; 4%; 104; $800 billion

119) Refer to Figure 28-5. This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ). Now suppose there is an increase in the money supply to $540 billion. In the long run, after all adjustments have taken place, what is the effect of the increase in the money supply?

A) an increase in the price level to 102, and no change to any real economic variables

B) an increase in the price level to 104, and no change to any real economic variables

C) a decrease in the interest rate to 2% and an increase in the price level to 104

D) a decrease in the interest rate to 2%, an increase in potential GDP to $805 billion, and an increase in the price level to 102

E) a decrease in the interest rate to 2%, an increase in real GDP to $805 billion and an increase in the price level to 102

120) Refer to Figure 28-5. This economy begins in equilibrium with , and real GDP equal to potential GDP (with and ). Now suppose there is an increase in the money supply to $540 billion. According to the Classical economists of the eighteenth and nineteenth centuries,

A) the neutrality of money holds in the long run, but in the short run changes in the money supply cause significant fluctuations of real GDP.

B) the neutrality of money holds in the long run, but in the short run changes in the money supply cause significant fluctuations in employment but not real GDP.

C) there is no connection between the “money” and “real” sides of the economy, and the only effect is a decrease in the interest rate.

D) there is no connection between the “money” and “real” sides of the economy, and the only effect is a rise in the price level.

E) such increases in the money supply cause long-run disequilibriums in the economy.

 

 

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July 1, 2023
    

 

Use the Internet and / or the Strayer Learning Resource Center to research aspects of biology.

Select an article from a magazine or newspaper that has something in it that pertains to biology. This will serve as the “target article” for this assignment. For instance, you can select an article about medicine, invasive species, nature, conservation, genetic technology, ecology, or any other topic that is related to biology. One purpose of this assignment is to help you become aware of how biology is related to your everyday life.

Write a one to three (1-3) page paper in which you:

  1. Summarize the article in one (1) or more paragraphs, using your own words. Be sure to identify the article using an in-text citation in the body of the paper, as well as a reference in the reference section. 
  2. Explain how the article relates to this course. Identify which biological concepts from the course and / or text are relevant to the topic covered in the article. Citing the course text, discuss the ways in which this course does (or doesn’t) provide background information to help you understand the article and the larger issues surrounding it. 
  3. Explain why the article caught your attention. Relate the article to your life and to issues that are important to you. Discuss how or if the scientific knowledge about the topic covered in the article affects you directly or indirectly.
  4. Discuss your opinion on how research on this topic should be funded. State whether you think taxpayer monies should support research on this topic or whether such research in this area should be funded by the private sector. Rate the importance of research on this topic, relative to other areas of research. 

In addition to the target article, you should use at least one additional resource, such as your textbook or another article. You must have a reference section which contains an APA reference to your chosen article and all other sources. Additionally, you must provide in-text citations (in APA format) to your references in the body of the text. Integrate all sources into your paper using proper techniques of quoting, paraphrasing and summarizing, along with your in-text citations.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Use technology and information resources to research issues in biology.
  • Write clearly and concisely about biology using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills. 

Click to view the grading rubric.

*This is the topic i am using* https://www.sciencedaily.com/releases/2018/01/180118084554.htm

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July 1, 2023
    

 

Use the Internet and / or the Strayer Learning Resource Center to research aspects of biology.

Select an article from a magazine or newspaper that has something in it that pertains to biology. This will serve as the “target article” for this assignment. For instance, you can select an article about medicine, invasive species, nature, conservation, genetic technology, ecology, or any other topic that is related to biology. One purpose of this assignment is to help you become aware of how biology is related to your everyday life.

Write a one to three (1-3) page paper in which you:

  1. Summarize the article in one (1) or more paragraphs, using your own words. Be sure to identify the article using an in-text citation in the body of the paper, as well as a reference in the reference section. 
  2. Explain how the article relates to this course. Identify which biological concepts from the course and / or text are relevant to the topic covered in the article. Citing the course text, discuss the ways in which this course does (or doesn’t) provide background information to help you understand the article and the larger issues surrounding it. 
  3. Explain why the article caught your attention. Relate the article to your life and to issues that are important to you. Discuss how or if the scientific knowledge about the topic covered in the article affects you directly or indirectly.
  4. Discuss your opinion on how research on this topic should be funded. State whether you think taxpayer monies should support research on this topic or whether such research in this area should be funded by the private sector. Rate the importance of research on this topic, relative to other areas of research. 

In addition to the target article, you should use at least one additional resource, such as your textbook or another article. You must have a reference section which contains an APA reference to your chosen article and all other sources. Additionally, you must provide in-text citations (in APA format) to your references in the body of the text. Integrate all sources into your paper using proper techniques of quoting, paraphrasing and summarizing, along with your in-text citations.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Use technology and information resources to research issues in biology.
  • Write clearly and concisely about biology using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills. 

Click to view the grading rubric.

*This is the topic i am using* https://www.sciencedaily.com/releases/2018/01/180118084554.htm

default image
July 1, 2023
    

 

Use the Internet and / or the Strayer Learning Resource Center to research aspects of biology.

Select an article from a magazine or newspaper that has something in it that pertains to biology. This will serve as the “target article” for this assignment. For instance, you can select an article about medicine, invasive species, nature, conservation, genetic technology, ecology, or any other topic that is related to biology. One purpose of this assignment is to help you become aware of how biology is related to your everyday life.

Write a one to three (1-3) page paper in which you:

  1. Summarize the article in one (1) or more paragraphs, using your own words. Be sure to identify the article using an in-text citation in the body of the paper, as well as a reference in the reference section. 
  2. Explain how the article relates to this course. Identify which biological concepts from the course and / or text are relevant to the topic covered in the article. Citing the course text, discuss the ways in which this course does (or doesn’t) provide background information to help you understand the article and the larger issues surrounding it. 
  3. Explain why the article caught your attention. Relate the article to your life and to issues that are important to you. Discuss how or if the scientific knowledge about the topic covered in the article affects you directly or indirectly.
  4. Discuss your opinion on how research on this topic should be funded. State whether you think taxpayer monies should support research on this topic or whether such research in this area should be funded by the private sector. Rate the importance of research on this topic, relative to other areas of research. 

In addition to the target article, you should use at least one additional resource, such as your textbook or another article. You must have a reference section which contains an APA reference to your chosen article and all other sources. Additionally, you must provide in-text citations (in APA format) to your references in the body of the text. Integrate all sources into your paper using proper techniques of quoting, paraphrasing and summarizing, along with your in-text citations.

Your assignment must follow these formatting requirements:

  • Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
  • Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

  • Use technology and information resources to research issues in biology.
  • Write clearly and concisely about biology using proper writing mechanics.

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills. 

Click to view the grading rubric.

*This is the topic i am using* https://www.sciencedaily.com/releases/2018/01/180118084554.htm

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