Essay questions: Choose 2 of the 3 essay questions below to answer. Each question will be worth 30 points.  Question 1. Where is the current American economy? (Use data from the Dr Howard’s Lecture Where Are We?). I expect a paragraph  minimum for each question.         In your opinion, what are the four most important charts or graphs in that Lecture?  Explain.                   Give examples of how each is affecting you, your family, or others lives.                  Is there a problem facing society that Dr Howard left off the list? Explain —————————————————————————————————— Question 2. If the United States is entering a serious recession, answer the following questions in 3-4 sentences:                     What would be appropriate fiscal policy actions?                     What would be appropriate monetary policy options?                     Which one would likely be more effective? Why?                     What are some potential negative results of each? Explain. ———————————————————————————————————————- Question 3: Gross Domestic Product (GDP) is calculated using four major components: consumption, investment, government spending, and net exports.Explain each of the four components in a separate paragraph, but do so under the following constraints: (4 paragraphs total) For each paragraph, you must: Describe the component in your own words (do not quote the textbook or lecture slides). For example, what kinds of spending is included (give examples), what are the important characteristics of that component, where does that component get the money to pay for its spending, etc. Provide one concrete example drawn from your own life or immediate surroundings within the last 12 months (for example: a purchase you personally made, a construction project you observed, a government service you directly used, or a good or service you know was imported or exported). Explicitly explain why your example does count toward GDP and why a closely related alternative example would not count, referencing an exclusion discussed in class (such as used goods, transfer payments, financial transactions, or intermediate goods). Do not use bullet points or headings; write in full paragraphs with clear economic reasoning.      

A dominant trait will be observed in individuals that are _____________ for that trait.

Table 3-11Assume that Jamaica and Norway can switch between producing coolers and producing radios at a constant rate.                                   Output Produced                                       in One Day CoolersRadiosJamaica126Norway243​​Refer to Table 3-11. Assume that Jamaica and Norway each has 4 days available for production. Originally, each country divided its time equally between the production of coolers and radios. Now, each country spends all its time producing the good in which it has a comparative advantage. As a result, the total output of coolers increased by

Table 4-6​Price(Dollars per unit)Quantity Demanded(Units)Quantity Supplied(Units)1010608204563030440152500​​​Refer to Table 4-6. The equilibrium price and quantity, respectively, are

The constellations that lie along the ecliptic form a group known as the zodiac constellations. These constellations have played an important role historically in both astronomy and astrology. How many major constellations are traditionally recognized as lying along the ecliptic? 

One type of spectrum contains all wavelengths of visible light without any gaps or interruptions. Which type of spectrum is this? 

Giordano Bruno expanded upon Copernican ideas and introduced bold concepts about the nature of the cosmos that challenged traditional beliefs. Which of the following statements reflects one of his key ideas? 

What type of eclipse occurs when the Moon is positioned as shown in the image?  Q16.jpg

Equinoxes are significant astronomical events that occur twice each year as part of Earth’s orbit around the Sun. Which of the following best describes what happens during the event? 

Interstellar travel—the concept of sending spacecraft to other stars—presents a lot of scientific and engineering challenges. What is the primary challenge that it faces?