Order ID:89JHGSJE83839 | Style:APA/MLA/Harvard/Chicago | Pages:5-10 |
Instructions:
Level of Output Through Changes in Investment
In the Keynesian model, employment (Points: 1)
is determined by output.
is determined by price level.
determines the level of output.
depends on aggregate supply.
is independent of output.
Question 2. 2. Say’s law states that supply creates its own demand because (Points : 1)
there is always a buyer for every good purchased.
supply prices are always equal to demand prices.
prices are such that producers know exactly how much to produce in the short run.
the act of producing creates income sufficient to purchase all that is produced.
Question 3. 3. Before Keynes, most economists and politicians believed in (Points : 1)
a cyclically balanced budget.
an annually balanced budget.
a structural deficit.
a budget that was balanced only at full employment.
Question 4. 4. When aggregate planned expenditure falls short of potential output, the economy experiences (Points : 1)
inflation.
inadequate supply.
a recessionary gap.
an equilibrium state.
a government budget deficit.
Question 5. 5. Keynes believed that the correct role for government during a depression was to (Points : 1)
shift aggregate supply.
increase the money supply.
shift money demand.
increase government spending or cut taxes.
balance the budget.
Question 6. 6. A laissez-faire attitude toward most markets is most closely associated with (Points : 1)
Keynesians.
monetarists.
classical economists.
supply siders.
Reaganomics.
Question 7. 7. Keynes blamed economic downturns primarily on (Points : 1)
the instability of consumption.
declines in the interest rate.
poor governmental management.
the instability of investment.
international trade.
Question 8. 8. The measure that shows how much of the deficit is due to a downturn in economic activity is (Points : 1)
the structural deficit.
the real deficit.
the actual deficit.
the cyclical deficit.
the budget deficit excluding Social Security accounts.
Question 9. 9. The Investment Tax Credit (Points : 1)
affects the level of output through changes in investment.
is a supply side policy, not fiscal policy.
is an automatic stabilizer.
changes the level of input through changes in employment.
is contractionary and does not affect the level of output.
Question 10. 10. If an economy has high unemployment, slow growth, and low inflation rates, an appropriate fiscal policy consists of (Points : 1)
lower taxes, higher government spending.
higher taxes, higher government spending.
higher taxes, lower government spending.
lower taxes, lower government spending.
higher taxes, no change in government spending.
RUBRIC |
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Excellent Quality 95-100%
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Introduction
45-41 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Literature Support 91-84 points The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned. |
Methodology 58-53 points Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met. |
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Average Score 50-85% |
40-38 points More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided. |
83-76 points Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration. |
52-49 points Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met. |
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Poor Quality 0-45% |
37-1 points The background and/or significance are missing. No search history information is provided. |
75-1 points Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration. |
48-1 points There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met |
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Level of Output Through Changes in Investment |
Level of Output Through Changes in Investment