Artist: System StarterTracks :
Album name: Techno Zen part One
Throbbin
Wednesday, December 9, 2009
System Starter - Techno Zen part One
Thursday, November 26, 2009
Xpansul and Elesbaan - Del Barrio 001
Artist: Xpansul and ElesbaanTracks :
Album name: Del Barrio 001
Wednesday, November 18, 2009
Tuesday, November 10, 2009
Alycia Stefano - Teckno.Com 2007 volume 2
Artist: Alycia StefanoTracks :
Album name: Teckno.Com 2007 volume 2
Alycia Stefano - Teckno.Com 2007 volume 2
Artist: Alycia StefanoTracks :
Album name: Teckno.Com 2007 volume 2
Monday, October 12, 2009
Dave Clarke - White Noise (3 may 2008)
Artist: Dave ClarkeTracks :
Album name: White Noise (3 may 2008)
Wednesday, September 30, 2009
Various Artists - Audio Community 1 (Fine audio Recordings)
Artist: Various ArtistsTracks :
Album name: Audio Community 1 (Fine audio Recordings)
economics help plzzzzz?
1. According to the "guns and butter" example, if a country decides to spend more on military goods, which of the following will happen? (1 point)
The country will have less money to devote to consumer goods.
The country will have an equal amount of money to devote to consumer goods.
The country will be forced to make trade-offs in military purchasing.
The country will have more resources to devote to consumer goods.
2. By the end of the summer, Jason had saved enough money for college from his job as a waiter. He even had some money left over. Although he wanted both, he decided to buy a DVD player rather than a digital camera. Which of the following is the opportunity cost in this scenario? (1 point)
the DVD player
the digital camera
college
the job
3. How does a society answer the three economic questions about the production and consumption of goods and services? (1 point)
Its answer is based on the importance it attches to various economic goals and societal values.
Its answer is based on the importance it attaches to the stock market.
Its answer is based on recent technological advances.
Its answer is based solely on current environmental regulation.
4. Centrally planned economies can work effectively toward explicity stated goals, but which of the following is one disadvantage of such a system? (1 point)
Its performance almost always falls short of its ideals.
These economies can never produce an increase in output.
The workers control all the production factors.
It gives too many rewards for innovation.
5. The purpose of the free enterprise system is to (1 point)
give consumers goods and services free of charge.
eliminate economic choices.
create political campaign slogans.
give consumers freedom to make economic choices.
6. Which word BEST completes the following sentence? Improvements in _____ allow an economy to produce more output from the same or a smaller quantity of inputs. (1 point)
GDP
free enterprise
technology
communication
7. What is a factory building an example of? (1 point)
human capital
physical capital
an economic trade-off
technology
8. An example of an entrepreneur is (1 point)
a writer who is hired by a film studio to adapt a novel into a screenplay.
a lawyer in a high-profile law firm that specializes in business law.
an Olympic ice skater who later decides to join a professional ice show.
an artist who runs a business painting murals in office buildings and restaurants.
9. Human capital includes (1 point)
the salary paid to an accountant.
a taxi driver's knowledge of the city streets.
the machinery used to weave cloth.
the equipment used by a doctor to cure a patient.
10. Which of the following is NOT an example of a public good? (1 point)
shopping malls
national parks
highways
municipal libraries
Match each term with the correct statement below.
11. government aid to the poor (1 point)
market failure
public policy
externality
welfare
poverty threshold
12. a situation in which goods are not fairly distributed (1 point)
market failure
public policy
externality
welfare
poverty threshold
13. an income level below that which is needed to support families or households. (1 point)
market failure
public policy
externality
welfare
poverty threshold
14. laws and standards on topics of public interest (1 point)
market failure
public policy
externality
welfare
poverty threshold
15. an economic side effect of a good or service that generates benefits or costs to someone other than the person deciding how much to produce or consume (1 point)
market failure
public policy
externality
welfare
poverty threshold
Kelly is an artist. He's found that he's very good at painting portraits of children and pets, but he's not happy doing it. He wants to paint other things. Although none of his other paintings have sold, he believes that they will sell in the future and that if he works very hard at it, his painting could really become great. He can't predict when that will happen, however, and he has bills to pay now. He uses a decision-making grid to help him decide how to proceed in his career. Answer questions 16-19 based on the information in the grid.
16.
What benefits will Kelly forgo if he chooses to paint what he wants? (1 point)
17. What is the opportunity cost of painting what he wants? (2 points)
18. What benefits does Kelly have if he paints what he wants? (1 point)
19. What choice is Kelly refusing if he decides to paint portraits? (1 point)
Answer the following in essay form.
20. Explain how the introduction of physical capital, in the form of a computer, could benefit a family. Are there also some ways in which a computer might not benefit a family? (5 points)
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