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Essay questions: Choose 2 of the 3 essay questions below to…

Essay questions: Choose 2 of the 3 essay questions below to answer. Each question will be worth 30 points.  Question 1. Where is the current American economy? (Use data from the Dr Howard’s Lecture Where Are We?). I expect a paragraph  minimum for each question.         In your opinion, what are the four most important charts or graphs in that Lecture?  Explain.                   Give examples of how each is affecting you, your family, or others lives.                  Is there a problem facing society that Dr Howard left off the list? Explain —————————————————————————————————— Question 2. If the United States is entering a serious recession, answer the following questions in 3-4 sentences:                     What would be appropriate fiscal policy actions?                     What would be appropriate monetary policy options?                     Which one would likely be more effective? Why?                     What are some potential negative results of each? Explain. ———————————————————————————————————————- Question 3: Gross Domestic Product (GDP) is calculated using four major components: consumption, investment, government spending, and net exports.Explain each of the four components in a separate paragraph, but do so under the following constraints: (4 paragraphs total) For each paragraph, you must: Describe the component in your own words (do not quote the textbook or lecture slides). For example, what kinds of spending is included (give examples), what are the important characteristics of that component, where does that component get the money to pay for its spending, etc. Provide one concrete example drawn from your own life or immediate surroundings within the last 12 months (for example: a purchase you personally made, a construction project you observed, a government service you directly used, or a good or service you know was imported or exported). Explicitly explain why your example does count toward GDP and why a closely related alternative example would not count, referencing an exclusion discussed in class (such as used goods, transfer payments, financial transactions, or intermediate goods). Do not use bullet points or headings; write in full paragraphs with clear economic reasoning.      

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A dominant trait will be observed in individuals that are __…

A dominant trait will be observed in individuals that are _____________ for that trait.

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Table 3-11Assume that Jamaica and Norway can switch between…

Table 3-11Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate.                                   Output Produced                                       in One Day CoolersRadiosJamaica126Norway243​​Refer to Table 3-11. Assume that Jamaica and Norway each has 4 days available for production. Originally, each country divided its time equally between the production of coolers and radios. Now, each country spends all its time producing the good in which it has a comparative advantage. As a result, the total output of coolers increased by

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Giordano Bruno expanded upon Copernican ideas and introduced…

Giordano Bruno expanded upon Copernican ideas and introduced bold concepts about the nature of the cosmos that challenged traditional beliefs. Which of the following statements reflects one of his key ideas? 

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The Moon has different phases. What phase of the Moon is sho…

The Moon has different phases. What phase of the Moon is shown in the image?  Q15.jpg

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Aristarchus of Samos made one of the earliest attempts to es…

Aristarchus of Samos made one of the earliest attempts to estimate the distance from Earth to the Moon. Which of the following best describes the method he used? 

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What principle allows rockets to fly in space where there is…

What principle allows rockets to fly in space where there is no air? 

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Interstellar travel—the concept of sending spacecraft to oth…

Interstellar travel—the concept of sending spacecraft to other stars—presents a lot of scientific and engineering challenges. What is the primary challenge that it faces?

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The Sun’s interior cannot be observed directly because its d…

The Sun’s interior cannot be observed directly because its dense layers block visible light. However, scientists have developed a method to investigate the internal structure and dynamics of the Sun. What is the primary technique used?

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Among the planets in our solar system, one stands out for ha…

Among the planets in our solar system, one stands out for having an extremely slow rotation, taking longer than any other planet to complete a single day. This planet also has a very dense atmosphere. Which planet is it? 

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