Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please solve the following; QUESTION 17 A/an is a universal thought or shared historical memory which is largely unconscious. O Archetype O Temperament Personality constant

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Please solve the following;

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
QUESTION 17 A/an is a universal thought or shared historical memory which is largely unconscious. O Archetype O Temperament Personality constant O Typology QUESTION 18 study involved subjects being ordered to administer strong electric shock to another subject, who was a confederate. O Solomon Asch's conformity O Milgram's obedience O Zimbardo's prison experiment O Rorshach's inkblot QUESTION 19 A personality is a related grouping of personality traits. O Type O Evaluation O Category Assessment QUESTION 20 in Freudian theory, is all the instinctual urges that humans inherit, including eros and Thanatos Old O Ego O SuperegoWhen threats are used by someone who does not have a special legal relationship of trust or a confidentla relationship to another person to force someone to enter into a contract, the agreement or contract is considered entered into because of undue influence. F 15. A contract of adhesion is characterized by its shocking unfairness or is shockingly unjust (unfair). T 16. When it comes to the consideration of a contract, the courts (as has been the traditional approach) do not look into the adequacy or sufficiency of the consideration supporting the transaction if there are not circumstances of fraud, duress, undue influence, mistake, etc. T F 17. An example of a contract that lacks consideration but is still enforced by the courts because this is considered socially beneficial are pledges or subscriptions (which are promises to donate money). F 18. A gratuitous promise is a gift and is enforceable in a court of law because they are considered to have moral consideration even though someone makes a promise without requiring some benefit in return. F 19. A contract with a minor can be ratified by either the adult or the minor after the minor has reached the age of majority. T F 20. Upon reaching the age of majority, it is a contract law that a minor must ratify an earlier contract entered into while a minor - in writing and no later than 6 months after reaching the age of majority. F 21. Normal mentality for purposes of determining competency or the capacity to contract under contract law means that both and all parties to a contract must have a sufficient understanding that they are getting themselves into the seriousness of a contract. T F 22. The law allows minors to cancel contracts they get into with the exception of contracts for necessaries, i.e. food, clothing, medical care, lodging provided to the minor by an adult. T F 23. A valid contract can be entirely handwritten. F 24. An agreement that can be completed within six (6) months must be in writing in order to be enforced pursuant to the Statute of Frauds. T FA- AT Aa x2 A . A Question# 3 (10 marks) Answer the following: a. MPC = .7. What is the government spending multiplier? b. MPC = .85. What is the tax multiplier? c. If the government spending multiplier is 5, what is the tax multiplier? d. If the tax multiplier is -3, what is the government spending multiplier? e. If government purchases and taxes are increased by $150 billion simultaneously, what will the effect be on equilibrium output (income)? English (UK) E FocusPlatform 5.0 Than Test: Macro Chapter 11 dumbions - QUESTION 1 1, A Cut in Government Spending, A Promise In inc., | Cups Blackboard Help 1 points Keynesian economists "Tax outs. by providing incentives to work, save, and invest, will rise employment and loveor the price lovel. " This argument is made by the supply-side economists. daniel economists QUESTION 2 1 points Same Ar A government spending and taxation policy to achieve macroeconomic goals is known and: countercyclical policy fiscal policy. 1 monetary policy O a balanood budgot presidential diservion. QUESTION 3 1 points Bove Am According to supply side fiscal policy, reducing tax rates on wages and profits will () create damand-pul inflation. 1 lower the price level but may trigger a recession. moult in slaglation Th reduce both unemployment and inflation. QUESTION 4 1 points Save Arow To combat a reaction, Keynesian fiscal policy recommends: )an increase h government spending an increase in takes and a decrease in government purchases to balance the budget. a reduction in both taxis and government spending. i points Saer Are QUESTION S The wim of the marginal propentity to consume (MPC) and the marginal propensity to save (MPS) chars equals: Crick Have and Submit marred and submit. Click Save All Anagers to saw all answers. Save and Subm MacBook AirQUESTION S 1 points 01. The sum of the marginal propensity to consume (MPC) and the marginal propensity to save (MPS) always equals the interest rate. the marginal propensity to invest (MPD. QUESTION 6 points The spending multiplier is defined as: the ratio of the change in equilibrium ral GOP to the initial change in sponding the change in initial spending divided by the change in personal income. () 1/(marginal propensity to consume). 1/(1 - marginal propersity to save). QUESTION 7 points The school of economic thought which argues that through tax reductions, and deregulation, goverment creates the proper incentives for the private sector to increase aggregate supply is known as thes rational expectations school, )noo-Keynesian school. supply-side school. O now classical school. dassical school. QUESTION S 1 points The marginal properity to consume measures the ratio of the O average amount of our income that we spend. O average amount of our savings that we spard. O change in consumer spending to a change in money holdings. O) change in consumer spending to a change in interest rates. change in consumer spending to a change in income. QUESTION A Click Sare and Submit to save and submit. Click Save All Answers to save all anusers. Save Al Answers MacBook Air

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Public Law

Authors: John Stanton, Craig Prescott

3rd Edition

0192857460, 978-0192857460

More Books

Students also viewed these Law questions

Question

Pay him, do not wait until I sign

Answered: 1 week ago

Question

Speak clearly and distinctly with moderate energy

Answered: 1 week ago