Can someone complete?1. Which of the following would be a topic emphasized in a microeconomics class?A.How a nation's GDP is computedB.The reason's why the unemployment rate for the economy is rising or fallingC.How market conditions determine the price of a specific productD.How the government can use fiscal and monetary policies to stabilize the economy2. For many years, Congressman Reggie Lader has called for more government regulation of business. "After all," the Congressman said recently, "businesspeople are out to make a profit, not to create jobs or serve their customers. The government must pass more laws to require business to take the interests of consumers and workers into account." From these comments, it is clear that Congressman Lader:A.Agrees with the ideas of Thomas MalthusB.Does not accept the philosophy behind Adam Smith's invisible handC.Is unaware of the fact that most businesses in the United States are actually owned by the governmentD.Does not realize that government regulation is already the main determinatinant of business decisions in capital economies3. When the supply curve and demand curve for a particular good are on a single graph, the point at which the two curves intersect identifies the:A.Total profit earned by producersB.Total amount of labor that will be employed in the marketC.Amount of time it takes to bring together the buyers and sellers of the goodD.Equilibrium price of the good4. In most large cities there are a large number of bakeries. These bakeries produce similar, but not identical, products. Some bakeries claim to have the best cheesecakes in town, while others brag about their cookies or specialty breads. The bakery market in a large city is an example of:A.Monopolistic competitionB.Perfect competitionC.An oligopolyD.A monopoly5. Which of the following peole would tend to favor a socialist economy?A.John wants to live in a country with low marginal tax ratesB.Robin wants to live in a country that encourages rapid economic growthC.Liz wants to live in a country with limited government regulationD.Fred prefers to live in a country that promotes social equality6. A command system is characterized by:A.Reliance on the forces of supply and demand to determine what is producedB.Reliance on the government to determine what is produced and who gets the outputC.An extremely rapid rate of economic growthD.Freedom of choice and freedom of competition7. The total value of final goods and services produced within a nation's borders in a given year is known as the nation's:A.Aggregate production quotaB.Aggregate domestic outputC.Index of aggregate economic outputD.Gross domestic product8. John complained to his buddy, Frank, that the prices of all the goods he and his family buy have increased a lot over the past year. Frank disagreed, saying that the prices of some goods have gone up a bit, but other prices have declined. Frank feels that the average price of consumer goods hasn't changed very much. In order to resolve their disagreement, John adn Frank should look at recent figures for the:A.GDPB.CPIC.PPID.MEW9. The Federal Reserve System operates:A.As a semi-private organization not under the direct control of the governmentB.Under the direct control of the executive branch of the governmentC.Under the direction of the Banking Oversight Committee of CongressD.As a special agency of the U.S. Treasury10. Senator Bud Jette is alarmed at the state of the economy. Unemployment is high and GDP is low. Senator Jette has called for Congress to take decisive action to increase its expenitures and cut takes in order to stimulate the economy. The actions called for by Senator Jette are examples of the government's use of:A.Monetary policyB.Fiscal policyC.Incomes policyD.Social investment policy

Watch the Khan Academy Video "Changes in Market Equilibrium" located in the Week 1 Khan Academy Videos.Write a 1,050- to 1,400-word paper summarizing the content of the simulation and address the following:Identify two microeconomics and two macroeconomics principles or concepts from the simulation/video.Explain why you have categorized these selected principles or concepts as microeconomics or macroeconomics.Identify at least one shift of the supply curve and one shift of the demand curve in the simulation/video.Explain what causes the shifts, and how each shift affects the price, quantity, and decision making.Includeresponses to the following: How might you apply what you learned about supply and demand from the simulation/video to your workplace or your understanding of a real-world product with which you are familiar?How do the concepts of microeconomics help you understand the factors that affect shifts in supply and demand on equilibrium price and quantity?How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the equilibrium price and quantity?How does the price elasticity of demand affect a consumer's purchasing and the firm's pricing strategy as it relates to the simulation/video?Cite a minimum of 3 peer reviewed sources.Click the Assignment Files tab to submit your assignment.

fin mgt week 3.docx