Questions for Naked Economics - 669 Words

READ: Naked Economics: Undressing the Dismal Science, Charles Wheeland, W.W. Norton, 2003. Completely- cover to cover. Directions: Create a time management plan for your reading schedule to ensure you have ample time to read the book. Set due dates for each chapter and each part of the assignment. Review your schedule with a parent or guardian. Expectations: Work must be typed, 12 point font, double-spaced. Label each section appropriately with each number. Please check your work for complete sentences and grammatical errors. The answer for each section should be about a half to full page. Due Date: The first day of the semester. No points will be awarded for late work. Be prepared to participate in a class discussion on the†¦show more content†¦Discuss adverse selection, as it relates to this chapter. 6. Chapter six: The author discusses the symptom of being poor, and the illness of being poor. What does the author mean? Do you agree with him? Explain. How does the poverty line right now compare to 100 years ago? Why is America like a real life version of â€Å"Revenge of the Nerds?† What’s so important about Human Capital? 7. Chapter seven: What does the efficient market theory have to do with Financial markets? Discuss the positives and negatives of the theory. Why do Wall-Street types not like it? Explain the coin flipping experiment, as it relates to investment diversification. 8. Chapter eight: Why have mohair farmers earned a subsidy from the federal government for decades? What can you derive that economics tells us about politics? 9. Chapter nine: Explain how the average American is three times as rich as they would have been in 1950. Explain the most effective â€Å"knock† on GDP. What does the author think about the effectiveness of fiscal policy? Explain how a current account surplus/deficit can be good and bad. 10. Chapter ten: What is the drastic consequence of poor monetary policy the author discusses at the start of the chapter? Do you agree with this argument? Explain. What is the relationship between governments who owe money, government polices to fight inflation, and monetary policy? Does this change your opinion of how monetary policy is used by the US Government? 11.Show MoreRelatedNaked Economics: Essential Questions Essay643 Words   |  3 PagesREAD: Naked Economics: Undressing the Dismal Science, Charles Wheeland, W.W. Norton, 2003. Completely- cover to cover. Directions: Create a time management plan for your reading schedule to ensure you have ample time to read the book. Set due dates for each chapter and each part of the assignment. Review your schedule with a parent or guardian. Expectations: Work must be typed, 12 point font, double-spaced. Label each section appropriately with each number. Please check your work for completeRead MoreThe Comportance Of Financial News On The Internet1232 Words   |  5 Pagessites. Keep reading for some more unique and creative sources that youve never heard of. BUSINESS WEEK FORBES BLOOMBERG ALTERNATIVES: DEALBOOK.COM Do you like the New York Times? What about awesome deals? If you answered yes to both of those questions, then youre going to love DealBook.com. DealBook.com is owned and operated by the New York Times. In fact, its the special business news section of the paper and it covers everything from serious financial topics to more whimsical business storiesRead MoreIntroduction To The Client Interview : Helen Stonewall813 Words   |  4 Pagescouple of gentlemen that appeared to be friends where she then continued to become louder and more rowdy until she had to be forced out of the bar. Later, Helen was found dancing half naked in the middle of a busy intersection at 2 A.M by the police. Police stated that she appeared to be on drugs and was half naked when she was found and had to be placed in handcuffs when she refused to get out of the road. Helen explained to the police that she was not on drugs but was, â€Å"Just high on life†. LabRead MoreThe Relevance of Maps in Natural and Human Sciences1260 Words   |  5 Pagestwo areas of knowledge; Natural Sciences and Human Sciences, as well as discuss the extent to which a map simplifies knowledge. Simplifying knowledge means breaking it down from a complex form to a form in which most people would understand. This question is saying that the only reason a map can be considered to have value is if it’s able to simplify things. For example, a map of London that helps tourists who wouldn’t be able to find their way around the city without some sort of direction; one thatRead MoreThe Cycle Of Domestic Violence1264 Words   |  6 Pagesand how these various phases contribute to the continuation of the cycle. 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The person who was very angry about Lange’s portrayal was FlorenceRead MorePhysical Pain In Fight Club1546 Words   |  7 Pagesmales. Jack seems to have taken Marx’s words into consideration as he uses physical pain as an antidote for the mental suffering he’s facing caused by being a victim of the oppression in capitalist America. The Marxist lens emphasizes the role of economics and social class in the character’s status and also explores how their class influences the decisions that they make. ‘Fight Club’ focuses on the way in which the narrator has to alter his life in order to portray his anti-capitalist beliefsRead More Song Of Solomon Essay856 Words   |  4 Pagesnbsp;nbsp;nbsp;nbsp;nbsp;Pilate is one of the most apparent characters in her journey to explore her sexuality and womanhood. She is portrayed by Morrison as a strong and a somewhat rebellious woman. She establishes something extraordinary during that time, economic independence. In the process â€Å"she rejects the traditional image of woman by cutting off her hair...and wearing clothes functional to her way of life.†(Mickelson 316) Even though this is all true, Morrison never lets us forget that Pilate is aRead MoreThe Current Status Of The U.s. Economy1440 Words   |  6 PagesDespite the common assertion that all math is inherently difficult, statistics is rooted in simple mathematical concepts. Descriptive statistics, as depicted by author Charles Wheelan in Naked Statistics: Stripping the Dread from the Data, is a way to summarize raw data in order to make immense data sets more manageable and understandable (2013). As Wheelan points out, everything from presidential elections to baseball games can be summarized using statistics (2013). One of the most prevalent usesRead MoreAfrican Americans During The Civil War1499 Words   |  6 PagesAn era, that makes us question our history and the actions of the ones that committed the crimes. Till this day, we study the past to try to better understand our history in order to prevent repetition. African Americans lived a life of torture and control. Every aspect of their life was supervised, including their clothing . Slaves were forced to dress all similar, and were provided with minimal inexpensive fabric to cover their bodies. Disallowing them to choose their personal attire stripped African