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Fooling like there is too much to do in too little time can be characterized as a: Select one: a. Work Schedule-related stressor b. Task-related

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Fooling like there is too much to do in too little time can be characterized as a: Select one: a. Work Schedule-related stressor b. Task-related stressor C. Role stressor d. Stressful change processes Joyce has had a hard time at work ever since Roy joined her work team. Roy has made inappropriate advances towards her bordering on sexual harassment. Which of the following stressors describes what Joyce has been experiencing? Select one: Stressful change processes b. Work schedule-related stressor C. Traumatic event d. Social stressor Raj reports to two separate bosses, one who leads the accounting division and the other who leads the product division. With each division, there are conflicting deadlines, requirements, and expectations. As a result, Raj is uncertain about what is expected of him and often feels overwhelmed. Which of the following stressors best describes what Raj has been experiencing? Select one: a. Career-related stressor O b. Role stressor C. Social stressorAgain consider a researcher who has access to the Boston Home Mortgage Disclosure Act (HMDA) data used by Stock and Watson (2019). The binary variable deny is 1 if the mortgage application was denied and O if the mortgage application was accepted. The variable piratio is the ratio of the applicant's anticipated total monthly loan payments to the applicant's monthly income. Now let the binary variable black be 1 if the applicant is black and O if the applicant is white. Use the estimation results given in the table below to answer the following two questions. Dependent variable: deny Linear Probability Probit Logit 0.559 (0.089) 2.74 5.37 piratio (0.44) (0.96) 0.177 (0.025) 0.71 1.27 black (0.083) (0.15) -0.091 -2.26 -4.13 Constant (0.029) (0.16) 0.35) Sample Size 2380 2380 2380 [15] Use the probit results to predict the denial probability for a white applicant with a payment-to-income ratio of 0.30 ( piratio = 0.30 ). [16] Use the probit results to predict the denial probability for a black applicant with a payment-to-income ratio of 0.30 ( piratio = 0.30 ). What is the difference between the denial probability for this black applicant and the denial probability of the white applicant above?16. Market Efficiency (Lecture Notes) a. Explain the relationship between Diminishing Marginal Utility and the Demand Curve. b. Explain the relationship between Diminshing Returns (or increasin Marginal Cost) and the Supply Curve. c. Explain what happens to the Supp Curve when Economic Profits are above normal. Below normal. d. If there are no externalities or market power and all markets are in equilibrium, what conclusions can we draw from this in econom theory? e. Describe the relationship between Allocationd Productive Efficien 17. Market Failure/Inefficiency (Chapter 10 & 17 briefly plus lecture notes) a. How does Imperfect Information impact the working of markets wi reference to: i. Assymetric Information? ii. Moral Hazard? b. How does less than Perfect Competition impact the working markets with reference to5. Scarcity as faced by society in general. (Chapter 2 8: lecture notes) a. Sketch the simple input/output model with two outputs shown in lectue. b. Draw a two dimensional constant cost Production Possibilities Frontier. c. Draw a two dimensional increasin cost PPF. (1. Explain why the increasing cost PF bows out from the origin. (0r state differently: What causes opportunity costs to increase as more of a good is produced?) e. How is the Law of Increasing Costs related to the Law of Diminishing Returns? f. Show how seven major economic concepts can be illustrated with a Production Possibilties Frontier. Explain how the PPF illustrates each concept. 6. The Production Possibilities Frontier Economic Growth, and Technologica Improvements (Chapter 2 8: lecture) a. Economic Growth 1. Show how economic growth can be illustrated with a production possibilities frontier-

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