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The Basic Requirement of Money Essay
The Basic Requirement of Money Essay
Order ID 53003233773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
The Basic Requirement of Money Essay
(TCO 5) A fall in labor costs will cause aggregate
a. supply to increase
b. demand to increase
c. supply to decrease
d. demand to decrease(TCO 6) with an MPS of .3, the MPC will be
a. 1-.3
b. .3-1
c. 1/.3
d. .3(TCO 7) The basic requirement of money is that it be
a. backed by precious metals–gold or silver
b. authorized as legal tender by the central government
c. generally accepted as medium of exchange
d. some form of debt or credit(TCO 7) The Federal Reserve System of the U. S. is the country’s
a. financial advisor
b. comptroller or accountant
c. central bank
deposit insurance provider
- (TCO 7) When the Fed acts as a “lender of last resort”, like it did in the financial crisis of 2007-2008 it is performing its role
a. controlling the money supply
b. setting the reserve requirements
c. being the bankers’ bank
d. providing for check clearing and collection- (TCO 7) The difference between the Fed Behavior during the bank panics of 1930-1933 and the financial crisis of 2007-2008 is that the Fed
a. was very active during the former crisis, while it was basically passive during the latter crisis.
b. stood idly by during the former crisis, but took dramatic actions during later crisis
c. was not yet in existence during the 1930’s
d. was much bigger institution in the 1930s than it is today(TCO8) nation X has a comparative advantage in the production of product compared to nation Y when
a. it imposes a tariff on the importation of the product
b. its production possibilities curve expands, allowing it to produce more of the product
c. it is achieving full employment and is producing the maximum amount of the product
d. it has lower domestic opportunity cost of producing the product(TCO 8) An excise tax on imported commodities is known as a
a. quota
b. tariff
c. export restriction
d. price ceiling
- (TCO 8) Tariffs and quotas are most costly to consumers because
a. the price of imported goods fall
b. the supply of the imported good increase
c. imported competition increases for domestic goods
d. consumers shift purchase to higher-priced domestic goods(TCO 8) The major beneficiaries of a tariff on a product are the
a. domestic producers of the product
b. domestic consumers of the product
c. workers engaged in trade, like transportation workers
d. foreign producers of the product(TCO 8) about how many nations belong to the World Trade Organization as of 2010?
a. 35
b. 72
c. 153
d. 210
- (TCO 9) If the united States wants to regain ownership of domestic assets sold to foreigners, it will have to
a. increase domestic consumption
b. increase its national debt
c. export more than it imports
d. import more than it exports.The Basic Requirement of Money Essay
RUBRIC
QUALITY OF RESPONSE NO RESPONSE POOR / UNSATISFACTORY SATISFACTORY GOOD EXCELLENT Content (worth a maximum of 50% of the total points) Zero points: Student failed to submit the final paper. 20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. 30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. 40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. 50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. Use of Sources (worth a maximum of 20% of the total points). Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. 5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. 10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. 15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. 20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. Grammar (worth maximum of 20% of total points) Zero points: Student failed to submit the final paper. 5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors 10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors 15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. 20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. Structure of the Paper (worth 10% of total points) Zero points: Student failed to submit the final paper. 3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. 5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper 7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. 10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper.
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