SLO 6Construct the aggregate demand and aggregate supply model of the macro economy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions.

The textbook distinguishes between the types of dictatorships based on the:

SLONumber of QuestionsA/1  Explain the role of scarcity, specialization, opportunity cost, and cost/benefit analysis in economic decision-making10B/2 iIdentify the determinants of supply and demand; demonstrate the impact of shifts in both market supply and demand curves on equilibrium price and output.10C/3 Define and measure national income and rates of unemployment and inflation1D/4 Identify the phases of the business cycle and the problems caused by cyclical fluctuations in the market economy.2E/5 Define money and the money supply; describe the process of money creation by the banking system and the role of the central bank.4F/6 Construct the aggregate demand and aggregate supply model of the macro economy and use it to illustrate macroeconomic problems and potential monetary and fiscal policy solutions.4G.7 Explain the mechanics and institutions of international trade and their impact on the macro economy.4H/8 Define economic growth and identify sources of economic growth.4  

Which of the following is used to describe a set of logically consistent statements that tell us why the things we observe occur?

slo 3Define and measure national income and rates of unemployment and inflation

Which of the following is used to fix dsDNA breaks?

The stability of personalist dictatorships rests on them having enough economic resources to keep their support coalitions satisfied.

The first step in the scientific process is to:

The three basic types of authoritarian regime outlined in the textbook include all of the following except:

“Education spending increases under left-wing governments.” Is this a scientific statement?