In 1979, Paul Volcker became Chair of the Federal Reserve. His primary policy goal was to curb U. S. inflation. In the meantime, Congress and the Reagan's administration pursued a policy of tax-cuts. Use the IS-LM model to predict the impact of these policies on U. S. GDP, the interest rate, and inflation in the 1980s.

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing, maintaining, and firing the workforce

When making broccoli cream soup, the broccoli and aromatics should be a. burned. b. simmered. c. puréed. d. sweated.

If a price increase from $5 to $7 causes quantity demanded to fall from 150 to 100 and vice-versa, what is the absolute value of the own price elasticity at a price of $7? note that the question is about the price point of $7, and not $5.