41) If we compare regulating a natural monopoly using a marginal cost pricing rule to using an average cost pricing rule, we see that output is A) greater with marginal cost pricing, but average cost pricing allows for costs to be covered. B) the same under both cases, but the profit is greater with average cost pricing. C) greater under average cost pricing, but […]
121) Ceteris paribus when graphing a relationship refers to A) letting all the variables change at once. B) changing the origin of the graph. C) holding constant all but two variables. D) rescaling the coordinates. E) swapping the axes so that the x-axis is the vertical axis and the y-axis is the horizontal axis. 122) When two variables in a graph are related to […]
11.Which of the following best describes matrix structures? a.It is a structure in which product divisions are responsible for all manufacturing and marketing worldwide. b.It is a structure in which geographic divisions are responsible for all manufacturing and marketing in their respective areas. c.It is a structure driven by a worldwide business unit and implemented by a geographic unit. d.It is a structure that […]
71) Which of the following arranges export financing payment methods in descending order starting with the most secure/reliable and ending with the least secure/reliable? A) sales on open account→cash in advance→documentary credit (L/C)→documentary collection (draft) B) documentary credit (L/C)→sales on open account→documentary collection (draft)→cash in advance C) documentary collection (draft)→documentary credit (L/C)→cash in advance→sales on open account D) cash in advance→documentary credit (L/C)→documentary collection […]
21) If the automobile workers’ union successfully negotiates a wage increase for its members, how does the wage hike affect the supply of automobiles? A) The supply increases. B) The supply decreases. C) The quantity supplied increases. D) The quantity supplied decreases. E) Both answers B and D are correct. 22) Plywood is used in the construction of houses. If the price of plywood […]
71.A movie costs you and your friend $15 each. After one hour of watching the movie, you have struggled to stay awake while your friend has been on Facebook and is also bored with the movie. You suggest that you and your friend leave the movie and go to the park. Your friend responds by stating that he is not going to waste […]
81) If the Fed raises the federal funds rate, eventually the A) AD curve shifts rightward and real GDP increases. B) AD curve shifts leftward and real GDP decreases. C) AS curve shifts rightward and real GDP increases. D) AS curve shifts leftward and real GDP decreases. E) AD curve shifts rightward and real GDP decreases. 82) If the Fed raises the […]
4.1 Demand 1) A market is defined as A) a physical place where people buy only goods. B) a physical place where people buy both goods and services. C) a store where people buy physical goods. D) any arrangement that brings buyers and sellers together. E) a place where one good is bartered for another. 2) EBay A) will be considered a market […]
48) How does the decreasing use of DVD players affect the market for prerecorded DVDs? A) The demand curve for prerecorded DVDs shifts to the right. B) The quantity of prerecorded DVDs demanded decreases. C) The quantity of prerecorded DVDs demanded increases. D) The demand curve for prerecorded DVDs shifts to the left. 49) Technological advancements have led to lower prices and […]
51) Counterfeiting is: A) the use of a formal legal document for illegal purposes. B) the ownership of a written, recorded, performed or filmed creative work. C) the unauthorized copying or production of a product. D) the use of a product name that has different meaning than the original brand. E) the use of a distinctive mark of a brand that is no longer […]
The test consists of you writing two essay responses to the following themes. As you will see, the themes are broad, so a big part of your response involves you creating a clear, specific thesis about your themes and discussing them in relation to two of the works that we have discussed in class. And so, I would like you to discuss two works per essay, the ones by Zweig and Kafka. Whereas for Kafka the only work is The Trial, for Zweig I would like you to discuss a different work for each of the two essays.
Here are the themes:
Power and Powerlessness
The Corruption of Society
Love and Hatred
Love and the Abuse of Love
The Role of Class
Morality and Immorality
The Role of Irony
Justice and Injustice
Literature and History
Learning and Failing to Learn from Experience
For example, you might look at the themes of power and powerless in The Trial and in “Letter From an Unknown Woman” or you might look at the role of class in “Fantastic Night” and The Trial, etc. Some of these responses will inevitably become compare and contrast in structure; when it comes to such essays, structure your paper in terms of ideas instead of discussing one work for half the essay and another work for the other half. As with your previous essays, you must use proper essay structure: a clear introductory paragraph that closes with a specific, strong thesis; paragraphs organized around topics that support your thesis and that are structured in a clear, logical way; a sense of transition from point to point; evidence from the text that supports your thesis and/or supporting points; and, finally, a strong conclusion.
As with the previous test, points will be gained or lost on the basis of how you use the texts to support your argument. When it comes to quoting from the text in the exam, shorter passages can be quoted in their entirety, while longer passages can be quoted with the first few words, an ellipsis, and then the last words, e.g. “In general, the proceedings were kept secret ... for the further course of the trial” (Kafka 82-83). If you use the editions of the texts that we have been using in class, then you do not need to include the publication information at the end of the test; however, if you do use other texts, online or in print, then you must include their publication information (you will lose points if you do not).
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