Order ID | 53563633773 |
Type | Essay |
Writer Level | Masters |
Style | APA |
Sources/References | 4 |
Perfect Number of Pages to Order | 5-10 Pages |
Trade-Offs as The Nature of This World Essay
THIS EXAM WILL COVER THE MATERIAL COVERED IN CLASS FROM CHAPTERS 1 THROUGH 4: Any material covered in class may be represented in the exam, whether or not it is explicitly covered in the text. The text is a supplement to the lectures. The exam will consist of 20 multiple choice questions and 3 short answer questions that the student will pick from 4 different questions.
CONCEPTS:
Unlimited wants and finite resources as the source for scarcity
Trade-offs as the nature of this world
Models: simplified versions of the world
Rationality: economic rationality regular rationality
Marginal cost, benefit, and revenue
Opportunity Cost
Equity versus Efficiency
Centrally planned economies versus market economies
Normative versus Positive
The Cartesian plane and the slopes of lines
The Production Possibilities Frontier for one and two people
Growths and shrinks in the PPF
Absolute advantage versus comparative advantage and the direction of trade The perfectly competitive market
Demand schedules and curves and what can cause shifts
Income and substitution effects
Inferior and normal goods
Substitutes and complements
Supply schedules and curves and what can cause shifts
The uses of money
GDP and what is included
Peaks and troughs in the business cycle
Definition of unemployment
KNOW HOW TO:
Construct a PPF for one person
Illustrate a supply and demand graph, and be able to predict changes in price and
quantity due to shifts.
Calculate who has the comparative advantage in a market of two people Describe the difference between potential and actual production
Home>History homework help>FOR UNIQUE9270 ONLY
Mesopotamian Sumer was characterized by:
The discovery of writing, mathematics, and law
A civilization that left behind no written records
Human Sacrifice and flooding
Warlike training and chemical weapons
What is the significance of the Neolithic Revolution to the development of human civilization
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Mediterranean polytheism allowed humans to attribute misfortune to:
The sins of an individual
Bad luck for bad karma from a previous life
Being innocent bystanders while gods argued among themselves
Question the reason why bad things happen to good people
How did water play a crucial role in Neolithic settlements?
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According to the book, Judaism differs most from other Mediterranean religions because:
It celebrates the Laws of David
It is a monotheistic religion
It has created a global Diaspora
It is more of an ethnic category than a religious one.
What are the common traits of ancient religion? What philosophical shifts do we find between polytheistic and monotheistic religious systems?
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Roman and Greek parallels are strong because
Greek figures founded Rome when they were raised by a Mother Wolf
Rome purposefully appropriated Greek ideals
Greek city-states Athens and Sparta spread until they encompassed what would become the Roman Empire
Greek philosophers created the Roman state out of the ashes of the Punic Wars
How did the civilizations of Mesopotamia, the Bronze Age, and the Iron Age set the stage for Greco-Roman Empires?
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Roman law was based on:
An unwritten feeling that all hierarchy must be enforced through slavery and difference
A written code covering social issues that was kept in place through very violent, public punishments
Long-term practice and tradition tied to strict religious upbringing
The focus on free trade and mercantilism, which allowed the Roman Empire to continue growing
Examine the long-lasting legacy of Greek philosophy in world history.
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Teotihuacan was very important to Mesoamerican history because:
It is the first known settlement in the Americas
The incidence of earthquakes makes this city an architectural marvel
It was one of the largest cities in the world at its time and a major center of trade
Of the unparalleled collection of gold, silver, and precious Gems found in its temples.
The Emperor Ashoka was important to the Indian Empires because:
He revolutionized the Hindu faith in a way that spread Indian influence across Korea and Japan
Although he was a military general in his youth, he was converted to Buddhism and spend his elder years dedicated to peace and harmony
He marched across the Great Wall of China
His four pet Lions symbolized the undying power of the Mauryan Empire, which was a great unifying symbol for Indian people
The most powerful city-state in Classical Greece, which defines what is depicted through popular references of Ancient Greece, was:
Athens
Troy
Sparta
Thrace
The “Mandate of Heaven,” Egyptian Pharaohs, and Roman Emperors held in common:
The worship of leaders as divine
The building of great monuments
The annual flooding of the Yellow and Nile Rivers as punishment from the gods
The concept of “maat”
Hinduism’s main gods are:
Shiva and Buddha
All part-animal, part-human
Passionate, jealous, and vengeful
Different according to each household that worships them
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