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Eco 372 final exam | Social Science homework help

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1) The largest source of household income in the U.S. is obtained from

            A.   stock dividends

            B.   wages and salaries

            C.   interest earnings

            D.   rental income

 

           

2) The market where business sell goods and services to households and the government is called the

            A.   goods market

            B.   factor market

            C.   capital market

            D.   money market

           

 

3) Real gross domestic product is best defined as

 

            A.   the market value of intermediate goods and services produced in an economy, including exports

            B.   all goods and services produced in an economy, stated in the prices of a given year and multiplied by quantity

            C.   the market value of all final goods and services produced in an economy, stated in the prices of a given year

            D.   the market value of goods and services produced in an economy, stated in current-year prices

           

 

4) Underemployment includes people

            A.   who work “off-the-books” to avoid tax liabilities

            B.   who are working part time, or not using all their skills at a full-time job

            C.   who are tired of looking for a job, so they quit looking, but still want one

            D.   whose skills are not in demand anymore

 

           

5) The Bureau of Economic Analysis is responsible for which of the following?

            A.   Setting interest rates

            B.   Managing the money supply

            C.   Calculating U.S. gross domestic product]

            D.   Paying unemployment benefits

           

 

6) The Federal Reserve provides which of the following data?

            A.   Federal funds rate

            B.   Stock price of GE

            C.   Bond yields of corporations

            D.   Debt to GDP of Ireland

 

           

7) Consider if the government instituted a 10 percent income tax surcharge. In terms of the AS/AD model, this change should have

            A.   shifted the AD curve to the left

            B.   shifted the AD curve to the right

            C.   made the AD curve flatter

            D.   made the AD curve steeper

           

 

8) If the depreciation of a country’s currency increases its aggregate expenditures by 20, the AD curve will

            A.   shift right by more than 20

            B.   shift right by less than 20

            C.   shift right by exactly 20

            D.   not shift at all

           

 

9) Aggregate demand management policies are designed most directly to

            A.   minimize unemployment

            B.   minimize inflation

            C.   control the aggregate level of spending in the economy

            D.   prevent budget deficits or surpluses

 

           

10) Suppose that consumer spending is expected to decrease in the near future. If output is at potential output, which of the following policies is most appropriate according to the AS/AD model?

            A.   An increase in government spending

            B.   An increase in taxes

            C.   A reduction in government spending

            D.   No change in taxes or government spending

 

 

11) According to Keynes, market economies

            A.   never experience significant declines in aggregate demand

            B.   quickly recover after they experience a significant decline in aggregate demand

            C.   may recover slowly after they experience a significant decline in aggregate demand

            D.   are constantly experiencing significant declines in aggregate demand

 

           

12) The laissez-faire policy prescription to eliminate unemployment was to

            A.   eliminate labor unions and government policies that hold real wages too high

            B.   strengthen unions and government regulations protecting unions and workers

            C.   increase real wages so that people are encouraged to work

            D.   have government guarantee jobs for everyone

           

 

13) In the AS/AD model, an expansionary monetary policy has the greatest effect on the price level when it

            A.   increases both nominal and real income

            B.   increases real income but not nominal income

            C.   increases nominal income but not real income

            D.   doesn’t increase real or nominal income

           

 

14) The Federal funds rate

            A.   is always slightly higher than the discount rate

            B.   can never be close to zero

            C.   may sometimes have to be targeted at zero

            D.   is an intermediate target

 

           

15) What tool of monetary policy will the Federal Reserve use to increase the federal funds rate from 1% to 1.25%?

            A.   Open-market operations

            B.   The discount rate

            C.   A change in reserve requirements

            D.   Margin requirements

 

           

16) If the Federal Reserve increases the required reserves, financial institutions will likely lend out

            A.   more than before, increasing the money supply

            B.   less than before, decreasing the money supply

            C.   more than before, decreasing the money supply

            D.   less than before, increasing the money supply

           

 

17) Suppose the money multiplier in the U.S. is 3. Suppose further that if the Federal Reserve changes the discount rate by 1 percentage point, banks change their reserves by 300. To increase the money supply by 2700 the Federal Reserve should

            A.   reduce the discount rate by 3 percentage points

            B.   reduce the discount rate by 10 percentage points

            C.   raise the discount rate by 3 percentage points

            D.   raise the discount rate by 10 percentage points

 

           

18) If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent. This policy would most likely

            A.   increase both the money multiplier and the money supply

            B.   increase the money multiplier but decrease the money supply

            C.   decrease the money multiplier but increase the money supply

            D.   decrease both the money multiplier and the money supply

           

 

19) A country can have a trade deficit as long as it can

            A.   purchase foreign assets

            B.   make loans to other countries

            C.   borrow from or sell assets to foreigners

            D.   produce more than it consumes.

           

 

20) A weaker dollar

            A.   raises inflation and contracts the economy.

            B.   reduces inflation and contracts the economy

            C.   raises inflation and expands the economy

            D.   reduces inflation and expands the economy

           

21) In the short run, a trade deficit allows more consumption, but in the long run, a trade deficit is a problem because

            A.   the country eventually will consume more and produce less

            B.   the country eventually will sell all its financial assets to foreigners

            C.   the domestic currency will appreciate

            D.   the country eventually has to produce more than it consumes in order to pay foreigners their profits

           

 

22) Considering an economy with a current trade deficit and considering only the direct effect on income, an expansionary monetary policy tends to

            A.   decrease the exchange rate and increase the trade deficit

            B.   increase the exchange rate and increase the trade deficit

            C.   decrease the exchange rate and decrease the trade deficit

            D.   increase the exchange rate and decrease the trade deficit

           

 

23) The balance of trade measures the

            A.   difference between the value of imports and exports

            B.   share of U.S. imports coming from various regions of the world

            C.   share of U.S. exports going to various regions of the world

            D.   exchange rate needed to make imports equal exports

           

 

24) When a country runs a trade deficit, it does so by:

            A.   borrowing from foreign countries or selling assets to them.

            B.   borrowing from foreign countries or buying assets from them.

            C.   lending to foreign countries or selling assets to them.

            D.   lending to foreign countries or buying assets from them.

           

 

25) Expansionary fiscal policy tends to

            A.   raise U.S. income, increase U.S. imports, and increase the trade deficit

            B.   raise U.S. income, increase U.S. imports, and lower the trade deficit

            C.   lower U.S. income, reduce U.S. imports, and increase the trade deficit

            D.   lower U.S. income, reduce U.S. imports, and lower the trade deficit

           

 

26) In considering the net effect of expansionary fiscal policy on the trade deficit, the

            A.   income effect offsets the price effect

            B.   price effect offsets the income effect

            C.   income and price effects work in the same direction, so the trade deficit is decreased

            D.   income and price effects work in the same direction, so the trade deficit is increased

 

 

27) If U.S. interest rates fall relative to Japanese interest rates and Japanese inflation falls relative to U.S. inflation, then the

            A.   dollar will lose value in terms of yen

            B.   dollar will gain value in terms of yen

            C.   dollar’s value will not change in terms of yen

            D.   change in the dollar’s value cannot be determined

 

           

28) Expansionary monetary policy tends to

            A.   lower the U.S. interest rate and increase the U.S. exchange rate

            B.   lower the U.S. interest rate and decrease the U.S. exchange rate

            C.   increase the U.S. interest rate and decrease the U.S. exchange rate

            D.   increase the U.S. interest rate and increase the U.S. exchange rate

           

 

29) The U.S. has limits on Chinese textile imports. Such limits are an example of

            A.   a tariff

            B.   a quota

            C.   a regulatory trade restriction

            D.   an embargo

 

           

30) Duties imposed by the U.S. government on imported Chinese frozen and canned shrimp are an example of

            A.   tariffs

 

            B.   quotas

 

            C.   voluntary restrictions

 

            D.   regulatory trade restrictions

 

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July 1, 2023
    

The perspective is of a 20 year old male (My name is Johnny Andino)

Week One: Preparing for the Narrative Essay

Narrative writing tells a story. A good narrative is more than reporting what happened. It has a purpose. It takes the audience on an adventure. This is best achieved by introducing a conflict, adding tension, and building to the moment (climax) when the conflict is resolved. This week we begin our journey by taking the first steps in the writing process.

Writing Process

  • Discovery
  • Drafting
  • Revision
  • Publishing

In the discovery process, also called prewriting, we generate ideas, explore options, and gather connected thoughts to build a foundation for the essay. After generating ideas, we begin to organize by creating an outline which serves as a framework for the essay. Next, we draft the essay, presenting the ideas for the first time in a logical order with focus on our audience and purpose.

This week we will complete discovery activities and create an outline for our essay. To complete this assignment, download these instructions as a Word Document using the link above and respond to the three prompts.

What will you write?

Think of the kinds of stories you like to tell your friends or family to make them laugh or to share a tough moment or challenge you had at work or school. Consider a story you would tell in a job interview, on a first date, or the first time you met your partner’s parents. You might tell a story of something cute or or scary, or one that makes you look good, right? Choose a story that you fit into like your old sneakers, one that you know where all the dramatic turns are.

Think about it for a while. Take a walk, clear your mind, or have a cup of tea. It's important to decide on a story you are comfortable with because you'll be working with it for the next four weeks.

Before you complete the work sheet, read Chapter 6 in The Norton Sampler, pages 121- 130. Remember, the story has to be a single event--one event. “That time when I fell off the couch just now” is too short for 2-3 pages, but “My whole pregnancy” is way too long for 2-3 pages (which is 500-750 words).

Ready? Good. Now complete the attached worksheet attached (see the link at the top of this page).

WORKSHEET

Generating Ideas: What Shall I Write?

It is best to focus on an event that takes place in a short period of time. Possible topics include:

  • An event that was interesting, humorous, or embarrassing
  • Something you found especially difficult or challenging
  • A memory from your childhood that remains vivid
  • An important moment that changed your life

Part I - Exploring with Sentences

Before you begin choosing a topic, explore each possible topic by writing a sentence using the same sentence pattern as demonstrated in the example.

  • An event that was interesting, humorous, or embarrassing

Example: When the beady-eyed raccoon darted out from behind my sofa, I knew it was time to find a new apartment.

YOUR SENTENCE________________________________________

  • Something you found especially difficult or challenging

Example: Running a marathon takes stamina, endurance, and lot of patience.

YOUR SENTENCE________________________________________

  • A memory from your childhood that remains vivid

Example: The smell of vanilla and cinnamon brings me back to my grandmother’s kitchen.

YOUR SENTENCE________________________________________

  • An important moment that changed your life

Example: I owe my life to a single man who changed my life: my father.

YOUR SENTENCE________________________________________

Part 2 - Your Story Begins

Now that you have considered several possible topics, it is time to explore the topic in more depth. Fill in the blanks to complete the following sentences.

My story is about__________________.

My story takes place _______________ (where).

My story takes place _______________ (when).

In the opening, _______________ happens.

The conflict in my story is___________________.

The resolution of the conflict is_______________.

The main point of the story is________________.

Part 3 - Organizing: Create an Outline

Consider your story with a beginning, middle, and end. The beginning informs the audience of the topic of the story either implicitly or explicitly. It is often best to be direct, particularly as you move forward in your studies to classes specific to your field of study. Be certain the reader has enough information to understand where you are going. The middle is where you describe the conflict and build to the climax, the moment when a decision must be made or a change occurs. In the end, the conflict is resolved, and a moment of reflection follows, often underlining the main point or theme of the story.

Complete the following:

  1. Write one sentence introducing your topic/story.
  2. Write one sentence describing the scene when the story opens.
  3. Write one sentence describing the conflict.
  4. Write one sentence sharing how the conflict is resolved.
  5. Write one sentence describing what you learned.
default image
July 1, 2023
    

The perspective is of a 20 year old male (My name is Johnny Andino)

Week One: Preparing for the Narrative Essay

Narrative writing tells a story. A good narrative is more than reporting what happened. It has a purpose. It takes the audience on an adventure. This is best achieved by introducing a conflict, adding tension, and building to the moment (climax) when the conflict is resolved. This week we begin our journey by taking the first steps in the writing process.

Writing Process

  • Discovery
  • Drafting
  • Revision
  • Publishing

In the discovery process, also called prewriting, we generate ideas, explore options, and gather connected thoughts to build a foundation for the essay. After generating ideas, we begin to organize by creating an outline which serves as a framework for the essay. Next, we draft the essay, presenting the ideas for the first time in a logical order with focus on our audience and purpose.

This week we will complete discovery activities and create an outline for our essay. To complete this assignment, download these instructions as a Word Document using the link above and respond to the three prompts.

What will you write?

Think of the kinds of stories you like to tell your friends or family to make them laugh or to share a tough moment or challenge you had at work or school. Consider a story you would tell in a job interview, on a first date, or the first time you met your partner’s parents. You might tell a story of something cute or or scary, or one that makes you look good, right? Choose a story that you fit into like your old sneakers, one that you know where all the dramatic turns are.

Think about it for a while. Take a walk, clear your mind, or have a cup of tea. It's important to decide on a story you are comfortable with because you'll be working with it for the next four weeks.

Before you complete the work sheet, read Chapter 6 in The Norton Sampler, pages 121- 130. Remember, the story has to be a single event--one event. “That time when I fell off the couch just now” is too short for 2-3 pages, but “My whole pregnancy” is way too long for 2-3 pages (which is 500-750 words).

Ready? Good. Now complete the attached worksheet attached (see the link at the top of this page).

WORKSHEET

Generating Ideas: What Shall I Write?

It is best to focus on an event that takes place in a short period of time. Possible topics include:

  • An event that was interesting, humorous, or embarrassing
  • Something you found especially difficult or challenging
  • A memory from your childhood that remains vivid
  • An important moment that changed your life

Part I - Exploring with Sentences

Before you begin choosing a topic, explore each possible topic by writing a sentence using the same sentence pattern as demonstrated in the example.

  • An event that was interesting, humorous, or embarrassing

Example: When the beady-eyed raccoon darted out from behind my sofa, I knew it was time to find a new apartment.

YOUR SENTENCE________________________________________

  • Something you found especially difficult or challenging

Example: Running a marathon takes stamina, endurance, and lot of patience.

YOUR SENTENCE________________________________________

  • A memory from your childhood that remains vivid

Example: The smell of vanilla and cinnamon brings me back to my grandmother’s kitchen.

YOUR SENTENCE________________________________________

  • An important moment that changed your life

Example: I owe my life to a single man who changed my life: my father.

YOUR SENTENCE________________________________________

Part 2 - Your Story Begins

Now that you have considered several possible topics, it is time to explore the topic in more depth. Fill in the blanks to complete the following sentences.

My story is about__________________.

My story takes place _______________ (where).

My story takes place _______________ (when).

In the opening, _______________ happens.

The conflict in my story is___________________.

The resolution of the conflict is_______________.

The main point of the story is________________.

Part 3 - Organizing: Create an Outline

Consider your story with a beginning, middle, and end. The beginning informs the audience of the topic of the story either implicitly or explicitly. It is often best to be direct, particularly as you move forward in your studies to classes specific to your field of study. Be certain the reader has enough information to understand where you are going. The middle is where you describe the conflict and build to the climax, the moment when a decision must be made or a change occurs. In the end, the conflict is resolved, and a moment of reflection follows, often underlining the main point or theme of the story.

Complete the following:

  1. Write one sentence introducing your topic/story.
  2. Write one sentence describing the scene when the story opens.
  3. Write one sentence describing the conflict.
  4. Write one sentence sharing how the conflict is resolved.
  5. Write one sentence describing what you learned.
default image
July 1, 2023
    

The perspective is of a 20 year old male (My name is Johnny Andino)

Week One: Preparing for the Narrative Essay

Narrative writing tells a story. A good narrative is more than reporting what happened. It has a purpose. It takes the audience on an adventure. This is best achieved by introducing a conflict, adding tension, and building to the moment (climax) when the conflict is resolved. This week we begin our journey by taking the first steps in the writing process.

Writing Process

  • Discovery
  • Drafting
  • Revision
  • Publishing

In the discovery process, also called prewriting, we generate ideas, explore options, and gather connected thoughts to build a foundation for the essay. After generating ideas, we begin to organize by creating an outline which serves as a framework for the essay. Next, we draft the essay, presenting the ideas for the first time in a logical order with focus on our audience and purpose.

This week we will complete discovery activities and create an outline for our essay. To complete this assignment, download these instructions as a Word Document using the link above and respond to the three prompts.

What will you write?

Think of the kinds of stories you like to tell your friends or family to make them laugh or to share a tough moment or challenge you had at work or school. Consider a story you would tell in a job interview, on a first date, or the first time you met your partner’s parents. You might tell a story of something cute or or scary, or one that makes you look good, right? Choose a story that you fit into like your old sneakers, one that you know where all the dramatic turns are.

Think about it for a while. Take a walk, clear your mind, or have a cup of tea. It's important to decide on a story you are comfortable with because you'll be working with it for the next four weeks.

Before you complete the work sheet, read Chapter 6 in The Norton Sampler, pages 121- 130. Remember, the story has to be a single event--one event. “That time when I fell off the couch just now” is too short for 2-3 pages, but “My whole pregnancy” is way too long for 2-3 pages (which is 500-750 words).

Ready? Good. Now complete the attached worksheet attached (see the link at the top of this page).

WORKSHEET

Generating Ideas: What Shall I Write?

It is best to focus on an event that takes place in a short period of time. Possible topics include:

  • An event that was interesting, humorous, or embarrassing
  • Something you found especially difficult or challenging
  • A memory from your childhood that remains vivid
  • An important moment that changed your life

Part I - Exploring with Sentences

Before you begin choosing a topic, explore each possible topic by writing a sentence using the same sentence pattern as demonstrated in the example.

  • An event that was interesting, humorous, or embarrassing

Example: When the beady-eyed raccoon darted out from behind my sofa, I knew it was time to find a new apartment.

YOUR SENTENCE________________________________________

  • Something you found especially difficult or challenging

Example: Running a marathon takes stamina, endurance, and lot of patience.

YOUR SENTENCE________________________________________

  • A memory from your childhood that remains vivid

Example: The smell of vanilla and cinnamon brings me back to my grandmother’s kitchen.

YOUR SENTENCE________________________________________

  • An important moment that changed your life

Example: I owe my life to a single man who changed my life: my father.

YOUR SENTENCE________________________________________

Part 2 - Your Story Begins

Now that you have considered several possible topics, it is time to explore the topic in more depth. Fill in the blanks to complete the following sentences.

My story is about__________________.

My story takes place _______________ (where).

My story takes place _______________ (when).

In the opening, _______________ happens.

The conflict in my story is___________________.

The resolution of the conflict is_______________.

The main point of the story is________________.

Part 3 - Organizing: Create an Outline

Consider your story with a beginning, middle, and end. The beginning informs the audience of the topic of the story either implicitly or explicitly. It is often best to be direct, particularly as you move forward in your studies to classes specific to your field of study. Be certain the reader has enough information to understand where you are going. The middle is where you describe the conflict and build to the climax, the moment when a decision must be made or a change occurs. In the end, the conflict is resolved, and a moment of reflection follows, often underlining the main point or theme of the story.

Complete the following:

  1. Write one sentence introducing your topic/story.
  2. Write one sentence describing the scene when the story opens.
  3. Write one sentence describing the conflict.
  4. Write one sentence sharing how the conflict is resolved.
  5. Write one sentence describing what you learned.
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customer #12372
Public Relations, 3 pages
Dissertation
August 5, 2021
    

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customer #12376
Journal article, 20 pages
Coursework
August 5, 2021
    

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customer #19266
Political Science, 6 pages
Admission Essay
August 5, 2021
    

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customer #11437
Tourism, 1 page
Discussion Essay
August 5, 2021
    

Thanks to God I found this service! If I didn’t send my research to the teacher on time, he would eat me. I tell you! However, with doctor my essay service, I met the deadline, and I am still alive.

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customer #12692
Philosophy, 5 pages
Report
August 5, 2021
    

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customer #10923
Psychology, 4 pages
Essay (any type)
August 5, 2021
    

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customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

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Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

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Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

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Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

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Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

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