Reference no: EM131344505
Answer 5 questions below. Each answer must be in your own words and minimum 100 words, no references needed.
1. Why do economists analyze the macroeconomy from both a positive and normative perspective? In your opinion, which is more important and why?
2. List and describe in your own words 3 determinant of aggregate demand and 3 determinants of aggregate supply?
3. Explain how supply or demand be affected when the following things occur:
Oranges- after a tornado
Automobiles - after a major recall
Spinach- after the FDA announces that spinach can prevent cancer
Flu Vaccines - after technology was discovered to mass produce flu vaccines
4. Compare and contrast the command economy, the capitalist economy, the traditional economy and the mixed economy.
5. What does the GDP indicate about an economy? Can a GDP be manipulated and thus provide inaccurate information about a country's economic production?
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Calculate the volume of the balloon at altitude
: A weather balloon is inflated to a volume of 26.5 L at a pressure of 748 mmHg and a temperature of 32.3 °C. The balloon rises in the atmosphere to an altitude where the pressure is 360. mmHg and the temperature is -14.6 °C. Assuming the balloon ca..
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Estimate the time constant for such a thermometer
: Neglect all effects of the capillary tube. Repeat for a crossflow of liquid water at 180?F and 20 ft/s. Recalculate the time constant for both of these situations for a stainless-steel bulb (C = 0.11, ρ = 490).
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What is the empirical formula for salt
: 1) Analysis of a salt results in the following composition: 3.47 g sodium; 2.12 g nitrogen and 7.27 of oxygen. What is the empirical formula for this salt?
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Select the values of l and c
: The circuit in given Figure is a simplified diagram of a pulser that delivers simulated lightning transients to the test article at the output interface.
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What does the gdp indicate about an economy
: What does the GDP indicate about an economy? Can a GDP be manipulated and thus provide inaccurate information about a country's economic production
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Concentration at the negative electrode
: A concentration cell is constructed at 25 ºC based on the Zn/Zn2+ electrode. The concentration of Zn2+ is known to be 1.3 M at the positive electrode. If the cell voltage is initially 0.1049 V, what is the concentration at the negative electrode?
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Describe three key elements of your merger plan
: What are the key issues/challenges/opportunities you face, both short and long term? Describe three key elements of your merger plan.
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Calculate the uncertainty in the differential temperature
: The sensitivity of the thermocouple wire is found to match that in Table 8.3 within ±0.5 percent, and the millivolt potentiometer has an uncertainty of 0.002 mV. Calculate the uncertainty in the differential temperature measurement.
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Mass of chlorine gas is produced by the reaction
: Ammonia perchlorate (NH4CIO4) is solid rocket fuel. It reacts with itself to produce nitrogen gas (N2), chlorine gas (Cl2), oxygen gas (O2) water (H2O) and a great deal of energy. What mass of chlorine gas is produced by the reaction of 1.26g of a..
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