Blog

FCPA

4. What fiscal policies might the government undertake to increase real GDP? (Just tell what these policies are; you do not need to describe their effect on aggregate demand or aggregate supply.) Ignoring any international effects, explain how a fiscal policy designed to increase real GDP affects the interest rate. (While you do not need to draw any diagrams, your explanation must include a description of how the fiscal policy changes the relevant demand curve and/or supply curve and should relate the change(s) to the effect on the interest rate.)

U.S. wages are generally higher than wages in other nations. When economists compare the cost of saving jobs by imposing a tariff, a quota, or using other means, it is the case that cost to the U.S. economy ____ the wages of the jobs that are saved.

Extra Credit (Answer both or transfer to another university)

7. If foreigners decide to invest more in the United States, how does this affect the US balance of trade?

3. What are the four components of aggregate demand? Which is largest? Which can be negative?

A person with a possible ligamentous injury of the knee presents during examination with pain and excessive valgus of the knee. Which ligament is MOST LIKELY to be injured?

A person is going up the stairs lifting his right leg first (supporting leg is the left, raising leg is the right). To facilitate this motion, what are the translatory motions of the right hip joint? (Apply concave/convex rule)

1. What is comparative advantage? How does it affect trade?

In what plane do the three reinforcing ligaments of the hip act together to stabilize and check the hip joint?