it doesn’t have to be elaborate
i don’t care for fancy dates
but if he says,
"hey let’s grab some coffee, my treat."
"i need to buy a sweater, help me choose?"
"i haven’t seen you in awhile, let’s go watch a movie."
it sounds totes better than
"idk what do you want to do choose"
I find myself to do both, but not intentionally. I enjoy making plans and seeing them go through, but sometimes I foolishly believe that the woman I am with would think less of me if we go to a place of my choosing, so I say the equivalent of idk.
It is something that I am working on, absolutely.
I would rather have my taxes go to every single ‘welfare queen’ in the united states twice over than to drone programs and corporate subsidies.
Disagree on corporate subsidies, and it’s on the same level for drone programs for me, assuming that the prompt is referring to a specific subgroup of people abusing the system (aka the association of “welfare queens”) rather than welfare as a whole, which I am ambivalent about.
As for corporate subsidies, I’m not cool on bailouts, but incentivizing things such as mass production of certain goods (we subsidize the creation of food, for example and that’s a pretty great thing), research and development of alternative and more efficient energy sources/transportation/other input devices, and lowering investment taxes is something that I am 1000% down for.
- He has no face.
- He tells me it’s ok to kill people
- She stares at me from the ceiling
- The man in the Easter Bunny costume loves me so much
- I talk to her through the mirror
- When you leave, she crawls out of my closet on all 4’s
- When I take a bath, he comes out of the water
- She says she’ll take me away with her one day forever
- He has no arms or legs
- She’s bloody and she cries all the time
That’s so fucked up and so fucking awesome. I don’t know if I want to go through the whole “my kid has a creepy imaginary friend” phase.
Chapter 10: Output, Inflation, and Unemployment: Alternative Views
5. Compare monetarist and Keynesian views on the proper conduct of fiscal policy. For both monetarists and Keynesians, explain not only their conclusions concerning fiscal policy but also how those conclusions are related to their respective theories.
6. Compare monetarist and modern Keynesian views on the proper conduct of monetary policy. For both monetarists and Keynesians, explain not only their conclusions concerning monetary policy but also how those conclusions are related to their respective theories.
Chapter 11: New Classical Economics
1. Explain the concept of rational expectations. How does this view of how expectations are formed differ from the assumption made in previous chapters that workers form expectations of current and future price levels based on past information about prices?
2. Explain the implications of the rational expectations assumption for the effectiveness of economic stabilization policy.
3. Contrast the new classical and Keynesian views of the way labor markets function.
4. Within the new classical framework, how could you explain a sustained departure from potential output such as that experienced by the US during the deep recession of 07-09?
7. Why attach the adjective new to classical to describe the model in this chapter? How does this analysis differ from the classical model presented in Chapters 3 and 4?
9. How would a supply shock, such as the exogenous increase in the price of oil analyzed in Section 8.5, affect the aggregate price level and the level of real output in the new classical model?
Chapter 12: Real Business Cycles and New Keynesian Economics
1. Compare the real business cycle theorists’ view of the causes of fluctuations of output and employment with the view of new classical economists.
2. Within the real business cycle model presented in Section 12.1, analyze the effect of a negative shock to technology (a negative shock to z1) that lasts for one period.
3. Explain the real business cycle theorists’ views on the proper conduct of monetary and policy and fiscal policies.
6. Suppose wage data show that workers with identical skills are paid very different wage rates in different industries. Is this difference consistent with the assumption that labor is competitive? Is it consistent with the efficiency wage model?
8. New classical economists believe that in useful macroeconomic models (a) agents optimize and (b) markets clear. Do the models that emerge from the new Keynesian research effort have either both of those properties? Explain.
Chapter 13: Macroeconomic Models: A Summary
1. Suppose that investment demand in a given economy is predicted to be weak next year, say 10 percent below this year’s level, because of an exogenous shock. All other components of aggregate demand are predicted to be at levels comparable to this year’s. These levels were consistent with high employment and relatively stable prieves. For each of the following macroeconomic systems, explain the effects of this exogenous fall in aggregate demand and explain the proper policy response implied by the model; that is, what action should the policymaker take?
a. Classical model
b. Keynesian model
c. New Classical model
3. Within the classical, real business cycle, Keynesian, monetarist, and new classical models, analyze the effect of an autonomous fall in the price of imported oil. Explain the effect of this change on output, employment, and the aggregate price level within each framework.
4. One rule that has been proposed for fiscal policy is that the government budget should be balanced each year - no budget deficits. What position do you think each of the following groups of economists would take on this proposal?
a. New classical economists
c. Real business cycle theorists
Chapter 14: Exchange Rates and the International Monetary System
2. Explain how the exchange rate for a country is determined under flexible exchange rates.
3. Analyze the effects of an autonomous fall in the demand for a country’s exports under fixed and flexible exchange rate systems. In each case, indicate the effects on the country’s balance of payments and on the exchange rate.
6. Explain the relationship between the trade balance and the level of economic activity in a fixed exchange rate system. Why does this relationship create a potential conflict between the goals of internal and external balance?
8. “Adoption of a system of flexible exchange rates would free monetary and fiscal policy for use in attaining domestic goals of full employment and price stability.” Do you agree or disagree with this statement? Expain.
Day 5. Almost half way.
Morale is fluctuating, but exhaustion is at an all time high. Luckily I have no classes tomorrow, so I can use it to relax (and by relax I mean do work).
In the past couple of hours I
- Made a significant breakthrough on my IMD project
- Finished and submitted my late IIME homework
- Almost finished my 2D animation final project
- Worried about my Economics final
I… was incredibly productive. Damn. I deserve a good night’s rest. I’ve spent every breathing moment for the past couple of days working, and I need a break (thankfully I get a month coming up).