11) The table above gives four production possibilities for airplanes and cruise ships. In possibility A, how many resources are devoted to the production of airplanes? A) 0 B) few C) most D) all E) It is impossible to tell without more information about the prices of airplanes and cruise ships. 12) The table above gives four production possibilities for airplanes and […]
Table 2-5 One Cell Phone Lumber (per board foot) Estonia 40 hours 8 hours Finland 16 hours 4 hours Table 2-5 shows the number of labor hours required to produce a cell phone and a board foot of lumber in Estonia and Finland. 21) Refer to Table 2-5. What is Finland’s opportunity cost of producing one cell phone? […]
41) A man is fired from his job because he was late for work too many times. While he is searching for another job he would be classified as A) not in the labor force because his employer had a legitimate reason for firing him. B) structurally unemployed. C) cyclically unemployed. D) frictionally unemployed. 42) When the Fed slows the rate of growth […]
51) Full employment occurs when A) the unemployment rate is zero. B) the cyclical unemployment rate is zero. C) the frictional unemployment rate is zero. D) the sum of frictional and structural unemployment is zero. E) the structural unemployment rate is zero. 52) Full employment occurs when A) structural unemployment is zero. B) cyclical unemployment is zero. C) frictional unemployment is zero. D) structural […]
91.Ceteris paribus means: A. Leave the market alone. B. Noninterference by the government. C. Other things remaining equal. D. Things are always changing. 92.A HEADLINE article in the text asks parents, “Do you expect your children’s generation to enjoy a higher standard of living than your generation?” What is necessary for the standard of living to rise? A. Economic growth. B. A greater allocation of resources to consumption. C. An inward […]
7.2 The CPI and Other Price Level Measures 1) If we compare the CPI to a perfect cost of living index, we find that they are A) the same thing. B) different because the cost of living has nothing to do with prices. C) different because the CPI does not measure prices. D) different because the CPI uses a fixed basket and has […]
118.SkyBucks Bagels sells boxes of bagels each with a variable cost of 45% of sales. Its fixed costs are $36,000 per year. Each box has a contribution margin of $8. How much sales revenue does SkyBucks need to break-even per year if bagels are its only product? A.$65,455 B.$80,000 C.$4,500 D.$19,800 119.Plant Bottling needs to reduce the selling price of its acrylic water […]
31) Suppose economists at the World Bank discover a positive correlation between family income and female education levels in developing countries. We can say that A) the correlation is inconsistent with a theory that an increase in female education levels causes an increase in family income. B) an increase in family income causes an increase in female education levels. C) an increase in female […]
86) Discouraged workers A) would decrease the unemployment rate if they were added to the number of unemployed workers. B) would increase unemployment rate if they were added to the number of unemployed workers. C) are counted as one-half of a worker in the unemployment statistics. D) are counted as unemployed workers when the unemployment rate is calculated. E) are not included in the […]
71) A decrease in wealth leads to a A) leftward shift of the demand for loanable funds curve. B) downward movement along the supply of loanable funds curve. C) rightward shift of the supply of loanable funds curve. D) leftward shift of the supply of loanable funds curve. E) rightward shift of the demand for loanable funds curve. 72) An increase in wealth ________ […]
RE:
For this activity, you will write an essay and address the following points:
Requirements:
Text:
The text of the "Gettysburg Address" can be accessed through the Yale Law School Avalon Project: The Gettysburg Address (Links to an external site.)
Video:
This video is from PBS and notes the events leading up to Lincoln's drafting the Gettysburg address. Scholars will read the address and provide analysis. Pay close attention to the analysis as it will help you to formulate your critical thinking assignment this week.
Lincoln @ Gettysburg
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