Level of Output Through Changes in Investment
Order ID |
53563633773 |
Type |
Essay |
Writer Level |
Masters |
Style |
APA |
Sources/References |
4 |
Perfect Number of Pages to Order |
5-10 Pages |
Description/Paper Instructions
Level of Output Through Changes in Investment
In the Keynesian model, employment (Points: 1)
is determined by output.
is determined by price level.
determines the level of output.
depends on aggregate supply.
is independent of output.
Question 2. 2. Say’s law states that supply creates its own demand because (Points : 1)
there is always a buyer for every good purchased.
supply prices are always equal to demand prices.
prices are such that producers know exactly how much to produce in the short run.
the act of producing creates income sufficient to purchase all that is produced.
Question 3. 3. Before Keynes, most economists and politicians believed in (Points : 1)
a cyclically balanced budget.
an annually balanced budget.
a structural deficit.
a budget that was balanced only at full employment.
Question 4. 4. When aggregate planned expenditure falls short of potential output, the economy experiences (Points : 1)
inflation.
inadequate supply.
a recessionary gap.
an equilibrium state.
a government budget deficit.
Question 5. 5. Keynes believed that the correct role for government during a depression was to (Points : 1)
shift aggregate supply.
increase the money supply.
shift money demand.
increase government spending or cut taxes.
balance the budget.
Question 6. 6. A laissez-faire attitude toward most markets is most closely associated with (Points : 1)
Keynesians.
monetarists.
classical economists.
supply siders.
Reaganomics.
Question 7. 7. Keynes blamed economic downturns primarily on (Points : 1)
the instability of consumption.
declines in the interest rate.
poor governmental management.
the instability of investment.
international trade.
Question 8. 8. The measure that shows how much of the deficit is due to a downturn in economic activity is (Points : 1)
the structural deficit.
the real deficit.
the actual deficit.
the cyclical deficit.
the budget deficit excluding Social Security accounts.
Question 9. 9. The Investment Tax Credit (Points : 1)
affects the level of output through changes in investment.
is a supply side policy, not fiscal policy.
is an automatic stabilizer.
changes the level of input through changes in employment.
is contractionary and does not affect the level of output.
Question 10. 10. If an economy has high unemployment, slow growth, and low inflation rates, an appropriate fiscal policy consists of (Points : 1)
lower taxes, higher government spending.
higher taxes, higher government spending.
higher taxes, lower government spending.
lower taxes, lower government spending.
higher taxes, no change in government spending.
RUBRIC
QUALITY OF RESPONSE |
NO RESPONSE |
POOR / UNSATISFACTORY |
SATISFACTORY |
GOOD |
EXCELLENT |
Content (worth a maximum of 50% of the total points) |
Zero points: Student failed to submit the final paper. |
20 points out of 50: The essay illustrates poor understanding of the relevant material by failing to address or incorrectly addressing the relevant content; failing to identify or inaccurately explaining/defining key concepts/ideas; ignoring or incorrectly explaining key points/claims and the reasoning behind them; and/or incorrectly or inappropriately using terminology; and elements of the response are lacking. |
30 points out of 50: The essay illustrates a rudimentary understanding of the relevant material by mentioning but not full explaining the relevant content; identifying some of the key concepts/ideas though failing to fully or accurately explain many of them; using terminology, though sometimes inaccurately or inappropriately; and/or incorporating some key claims/points but failing to explain the reasoning behind them or doing so inaccurately. Elements of the required response may also be lacking. |
40 points out of 50: The essay illustrates solid understanding of the relevant material by correctly addressing most of the relevant content; identifying and explaining most of the key concepts/ideas; using correct terminology; explaining the reasoning behind most of the key points/claims; and/or where necessary or useful, substantiating some points with accurate examples. The answer is complete. |
50 points: The essay illustrates exemplary understanding of the relevant material by thoroughly and correctly addressing the relevant content; identifying and explaining all of the key concepts/ideas; using correct terminology explaining the reasoning behind key points/claims and substantiating, as necessary/useful, points with several accurate and illuminating examples. No aspects of the required answer are missing. |
Use of Sources (worth a maximum of 20% of the total points). |
Zero points: Student failed to include citations and/or references. Or the student failed to submit a final paper. |
5 out 20 points: Sources are seldom cited to support statements and/or format of citations are not recognizable as APA 6th Edition format. There are major errors in the formation of the references and citations. And/or there is a major reliance on highly questionable. The Student fails to provide an adequate synthesis of research collected for the paper. |
10 out 20 points: References to scholarly sources are occasionally given; many statements seem unsubstantiated. Frequent errors in APA 6th Edition format, leaving the reader confused about the source of the information. There are significant errors of the formation in the references and citations. And/or there is a significant use of highly questionable sources. |
15 out 20 points: Credible Scholarly sources are used effectively support claims and are, for the most part, clear and fairly represented. APA 6th Edition is used with only a few minor errors. There are minor errors in reference and/or citations. And/or there is some use of questionable sources. |
20 points: Credible scholarly sources are used to give compelling evidence to support claims and are clearly and fairly represented. APA 6th Edition format is used accurately and consistently. The student uses above the maximum required references in the development of the assignment. |
Grammar (worth maximum of 20% of total points) |
Zero points: Student failed to submit the final paper. |
5 points out of 20: The paper does not communicate ideas/points clearly due to inappropriate use of terminology and vague language; thoughts and sentences are disjointed or incomprehensible; organization lacking; and/or numerous grammatical, spelling/punctuation errors |
10 points out 20: The paper is often unclear and difficult to follow due to some inappropriate terminology and/or vague language; ideas may be fragmented, wandering and/or repetitive; poor organization; and/or some grammatical, spelling, punctuation errors |
15 points out of 20: The paper is mostly clear as a result of appropriate use of terminology and minimal vagueness; no tangents and no repetition; fairly good organization; almost perfect grammar, spelling, punctuation, and word usage. |
20 points: The paper is clear, concise, and a pleasure to read as a result of appropriate and precise use of terminology; total coherence of thoughts and presentation and logical organization; and the essay is error free. |
Structure of the Paper (worth 10% of total points) |
Zero points: Student failed to submit the final paper. |
3 points out of 10: Student needs to develop better formatting skills. The paper omits significant structural elements required for and APA 6th edition paper. Formatting of the paper has major flaws. The paper does not conform to APA 6th edition requirements whatsoever. |
5 points out of 10: Appearance of final paper demonstrates the student’s limited ability to format the paper. There are significant errors in formatting and/or the total omission of major components of an APA 6th edition paper. They can include the omission of the cover page, abstract, and page numbers. Additionally the page has major formatting issues with spacing or paragraph formation. Font size might not conform to size requirements. The student also significantly writes too large or too short of and paper |
7 points out of 10: Research paper presents an above-average use of formatting skills. The paper has slight errors within the paper. This can include small errors or omissions with the cover page, abstract, page number, and headers. There could be also slight formatting issues with the document spacing or the font Additionally the paper might slightly exceed or undershoot the specific number of required written pages for the assignment. |
10 points: Student provides a high-caliber, formatted paper. This includes an APA 6th edition cover page, abstract, page number, headers and is double spaced in 12’ Times Roman Font. Additionally, the paper conforms to the specific number of required written pages and neither goes over or under the specified length of the paper. |
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