Principles of Macroeconomics Exam Three Study Guide Chapter 2: What is a PPF? Why are some PPF’s ‘bowed out’? What does a ‘straight’ PPF imply? Identify inefficient, efficient and unattainable points on a PPF. How do we demonstrate economic growth/technological change on a PPF? Define: absolute advantage, comparative advantage, specialization. Can you solve for comparative advantage? Based on CA figures, can you specify a price range that will be agreeable to both parties? Does every country have a comparative advantage in some activity? Explain. How should countries identify activities that they should specialize in?. Chapter 29: What is the difference between open and closed economies? What is the balance of payments (be sure to mention the current account, capital account, financial account)? Define net foreign investment (NFI). Why is the balance of payments always equal to zero? Define nominal exchange rate and real exchange rate. Can you calculate real exchange rates? Demonstrate the market for foreign exchange using a supply and demand diagram. What could cause these curves to shift? What does it mean when a currency appreciates? Depreciates? Are all exchange rates set by markets? Explain. Be sure that you can derive an equation that relates NFI to NX. How can a budget deficit affect NX and NFI? What are the twin deficits? Why is the US the world’s largest debtor? Is this a problem? Explain why or why not (p. 1022). Explain how the impact of monetary and fiscal policy are affected by international trade. Chapter 30: What is an exchange rate? How are floating and fixed exchanges…
Most of TheSpark's users were high school and college students. To increase the site's popularity, the creators published the first six literature study guides (called "SparkNotes") on April 7, 1999.
In 2000, the creators sold the site to iTurf Inc. The following year, Barnes & Noble purchased SparkNotes and selected fifty literature study guides to publish in print format. When Barnes & Noble printed SparkNotes, they stopped selling their chief competitor, CliffsNotes.
In January 2003…
Study Guide – Test #1
The test will consist of 50 objective multiple-choice questions on information drawn from the course readings and class lectures. The purpose of the test is to assess acquisition of core terminology and concepts covered in the course, so your study habits for the test should be designed to ensure that you are familiar with these major terms and concepts discussed in the readings and lecture. When the study guide simply lists a particular term, you should know its definition…
9/22/13 8:35 PM
Study Guide for Exam 1
Bring scantron sheet #882 (the tall thin green form) and a number 2 pencil to the exam.
Make sure you have obtained all the class notes, since the material on the exam will come
from lectures. All information from lectures could be covered on the exam, so know the
Questions will be true/false and multiple choice.
Make notes from the lectures. Study to know all the details related to each concept…
STUDY GUIDE FOR INDIVIDUALISM UNIT TEST
Know the following terms and background information/notes on these authors and topics:
diction (word choice) and syntax (sentence structure)
epigram (a short, cleverly worded statement that reveals some wisdom about life)
Henry David Thoreau
Ralph Waldo Emerson
Realism and Romanticism
You will have to complete short answer, fill in the blank, multiple choice and true/false items.
Be very familiar with these…
Chapter 1 – Introduction
Choice of Topic
1. According to the author, what are the three things that should guide your choice of a topic to study?? (p. 21)
2. After you choose a topic, what are the two ways the author mentions for reviewing the research? (p. 22)
The Literature Review
3. If you consult an expert by email about a topic, what is the most important thing to do to ensure a reply? (p.22)
4. The author mentions four sources of reviewing the literature. What…
whiteness is a racial identity
Discuss the evidence of improvement and continuing inequality of minority groups in
the United States today
Describe the intersection of race, gender, and class inequality in the United States
Chapter 10 Study Guide
What are the Major Racial and Ethnic Groups?
• African Americans
• Hispanic Americans
• Native Americans
Which is the largest group, where do they live (city or rural)?
Which is the fastest growing group?
What are groups with an Intermediate…
STUDY GUIDE: MODULE 1
As you read this week’s textbook reading assignments, take notes in response to these questions and statements. This study guide will help you to prepare for your quiz.
Fee and Stuart.
1. Know: Hermeneutics is the art and science, or as some would say the theory and practice, of interpretation.
2. What do they say is the aim of a good interpretation? To get at the “plain meanings of the text.” Ant the most important ingredient on brings to the task is…
Principles of Sociology
Chapter 1 Study Guide
*Directions: To get the best use of this study guide, study for personal understanding instead of simple memorization. Your tests will have scenarios on them and simple recall questions. In scenarios, one must apply what is known; therefore, if you just memorize and do not understand what you have memorized, you will not succeed.
*The questions below are not the questions that are on the test; however, the topics they include will be on the test:…
HSM340 Midterm Study Guide
YOU MAY WANT TO PRINT THIS GUIDE.
1. The Midterm is "open book, open notes." The maximum time you can spend in the exam is three hours. If you have not clicked the Submit for Grade button by then, you will be automatically exited from the exam. In the Midterm environment, the Windows clipboard is disabled, and so you still will not be able to copy exam questions or answers to or from other applications.
2. You should click the Save Answers button in the exam frequently…