Christians casually talk about their salvation and assume that those listening know what they mean.  But soteriology is a big topic that uses many words to describe what salvation is about.  If we want to communicate well, we must clarify definitions of words and use them in the right context.  This will lead to clarity […]

• Topic: Describe how a concept from cognitive psychology can be applied in a real-world setting. Find a specific application that has been developed relating to that concept. (This should be an established technique, etc. used in some professional field.) o Examples include (but are not limited to): attention training techniques; creativity enhancement; the cognitive

Choosing two theorists and providing a brief biography on each of their particular theories. This should include a description of some of their most important contributions to the field of Psychology and how they compliment each other or contrast each other. Information should be obtained from your text book, in addition to a minimum of

If the Fed reduces the discount rate, which of the following are most likely to result? a. The money supply curve shifts rightward, and the equilibrium interest rate falls in the money market.b. Investment spending declines, causing the aggregate demand curve to shift leftward, reducing equilibrium real GDP and thus slowing the economy.c. Investment spending

According to rational expectations theory, systematic and predictable expansionary monetary and fiscal policies used to reduce unemployment are__________ and__________. a. useful; can permanently reduce both unemployment and inflationb. useless; infact are harmful because the only result is inflationc. useful; can permanently reduce unemployment at the cost of slightly higher inflationd. useless; have no impact on

Voluntary wage-price restraints are known as a. wage-price controls.b. price rollbacks.c. wage–price guidelines.d. anti-inflation commitments.

Which of the following government policies is an incomes policy? a. A reduction in welfare expenditures.b. The publication of a list of guidelines suggesting maximum wage and price increases.c. An increase in the money supply.d. All of the above answers are correct.

Consider this statement: “The principles of specialization and trade according to comparative advantage among nations also apply to states in the United States.” Do you agree or disagree? Explain.

Would the U.S. government gain any advantage from using tariffs or quotas to restrict imports? Suppose the United States passed a law stating that we would not purchase imports from any country that imposed any trade restrictions on our exports. Who would benefit and who would lose from such retaliation? Now consider above Question in

Suppose a national program of free housing for the elderly is paid for by a sizable increase in income taxes. Explain a trade-off that might occur between economic security and efficiency. Suppose you are a farmer. Explain why you would be motivated to work in traditional, command, and market economies.