Question
1.What are the elements of the RACE cycle? 2.What public relations models did Edward Bernays create, and when? 3.What is the public information model? Who
1.What are the elements of the RACE cycle?
2.What public relations models did Edward Bernays create, and when?
3.What is the "public information" model? Who created it?
4.Which model relies utilizes communication, dialogue and research and research with an emphasis on managing/resolving conflict?
5.True or false: the two-way symmetrical model works like a feedback loop. Bonus: why or why not?
6.Fill in the blank: " " are defined as a person's driving force which determines how people will behave in a given situation
7.What are the two most commonly known public relations practitioner organizations?
10.Explain the difference between libel, slander and defamation.
11.Do governments prefer Phillips curves that are relatively flat (low value of ) or relatively steep (high values of )?
12.Assume that the government has a payoff over inflation and unemployment u of: V g (u; ) = u2 2 : Here > 0. The larger is, the nicer the central banker (that is, the more the central banker cares about the unemployed. Assume that there is a Phillips curve of the form in equation (19.6). Answer the following questions:
1. Assume that inflationary expectations are fixed at e . Find the optimal inflation rate choice of the government, 0(
2. For fixed inflationary expectations, find the corresponding choice of unemployment rate, u0().
3. Now assume that the private sector is aware of the government's maximization problem and knows perfectly. Find the inflation rate 1 at which expectations are met. What is the associated unemployment rate, ur
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started