...Question 1 of 30 Score: 8 (of possible 8 points) Bill Bonecrusher graduates from college with a choice of playing professional football at $2 million a year or coaching for $50,000 a year. He decides to play football, but eight years later he quits football to make movies for $3 million a year. His opportunity cost at graduation was _________ and eight years later was _________. | A. | $2 million; $2 million | | B. | $50,000; $2 million | | C. | $50,000; $50,000 | | D. | $2 million; $3 million | Answer Key: B Question 2 of 30 Score: 0 (of possible 8 points) Factors of production or economic resources include | A. | land, labor, physical capital, and technology | | B. | land, labor and natural resources | | C. | land, labor, technology, human capital and entrepreneurship | | D. | natural resources, labor, physical capital and entrepreneurship | Answer Key: D Question 3 of 30 Score: 0 (of possible 8 points) In the circular flow model businesses demand products and supply resources. True False Answer Key: False Review Check to review before finishing (will be flagged in Table of Contents) Question 4 of 30 Score: 8 (of possible 8 points) Price ceilings result in | A. | surplus | | B. | shortage | | C. | inflation | | D. | unemployment | Answer Key: B Question 5 of 30 Score: 8 (of possible 8 points) The price system is based on the law of supply and demand. True False Answer...
Words: 6215 - Pages: 25
...as one of the recent “innovative” approaches to assessments most pursued by states. CBT is lauded as the answer to having cheaper and speedier test delivery for state and district-wide assessments. It is also seen by some as an avenue toward greater accessibility for students with disabilities. In this report we explore the context of CBT, current state computer-based tests, and considerations for students with disabilities, in part as follow-up to a similar exploration that occurred in the early 2000s when just a few states were beginning to develop and implement CBT for their state assessments. Nine considerations for states and districts are presented: • Consider the assumptions and beliefs of various stakeholders about computer-based instruction and assessments. • Consider the system as a whole, from the computer infrastructure to classroom and instructional experiences with computers before deciding whether and how to use CBT. • Consider the computer or online platform first, with input from individuals who know students with disabilities and their accessibility needs. • Consider a process for bringing in the needed expertise to delineate the specific accessibility features of CBT, and to determine what specific accommodations may still be needed by students with disabilities, as well as to determine whether a computer-based test may create new accessibility issues. • Determine the policies for which accessibility features will be available to all students and which are...
Words: 318 - Pages: 2
...acquired abilities (skills) or attitude. The innate nature of aptitude is in contrast to achievement, which represents knowledge or ability that is gained.[1] Contents [hide] 1 Intelligence 2 Combined aptitude and knowledge tests 3 See also 4 References Intelligence[edit] Aptitude and intelligence quotient are related, and in some ways opposite views of human mental ability. Whereas intelligence quotient sees intelligence as being a single measurable characteristic affecting all mental ability, aptitude refers to one of many different characteristics which can be independent of each other, such as aptitude for military flight, air traffic control, or computer programming.[2] This is more similar to the theory of multiple intelligences. Concerning a single measurable characteristic affecting all mental ability, analysis of any group of intelligence test scores will nearly always show them to be highly correlated. The U.S. Department of Labor's General Learning Ability, for instance, is determined by combining Verbal, Numerical and Spatial aptitude subtests. In a given person some are low and others high. In the context of an aptitude test the "high" and "low" scores are usually not far apart, because all ability test scores tend to be correlated. Aptitude is better applied intra-individually to determine what tasks a given individual is more skilled at performing. Inter-individual aptitude differences are typically not very significant due to IQ differences...
Words: 515 - Pages: 3
...Case 1-1 A Student’s Dilemma 1. a) Helen bears the responsibility and obligation of following the rules and doing the best she can. I’m pretty sure cheating wouldn’t be considered following the rules. She also has a responsibility to earn her grade point status the right way. b) Helen stealing the exam is really setting an unfair advantage against her fellow students. Everyone should be even the same rights and opportunity to achieve the same grade on the exam. c) Helen has a responsibility to her future employer to give them what they are asking for; a CPA with integrity and knowledge. Cheating shows a lack of strength and ability in both areas. What if a serious problem came up and she didn’t have the correct knowledge on how to handle it and her company ended up being sued? d) She has a responsibility to live up to the standards and rules the professor laid out in their class. e) Helen should encourage her friend to not lie, cheat or steal. She has a responsibility to help her friend become a better person and anyone who doesn’t do that shouldn’t be considered a real friend. f) She is really just cheating herself out of the opportunity to learn, grow and achieve the status on her own. She had a chance to prove to herself that through hard work and discipline she could of accomplished the same grade the right way. Once that line gets blurry, it’s hard to tell when you cross it. 2. Fairness is the first one that comes to mind. It really isn’t fair to the professor...
Words: 476 - Pages: 2
...minutes) but I’ve compressed it into two lessons (2 x 50 minutes). This was a request by my mentor explaining that I should cover as much as I possibly can for the exam. Thus, I am thinking that how could I teach this huge and important topic in the time frame given while not sacrificing student’s learning experience. A very difficult task but I’m willing to take the challenge. Most of my classes are weak classes. During my observation class with my mentor, she was doing correction on the test the students had. Only for class 9A, she explained to the students on why the answers were wrong and a short discussion before giving them the correct answer. However, for other classes she just wrote down the answer on the board and let them copy without any explanation or discussion. When I raised the issue, my mentor pointed out that weak students tend to forget what they have learnt in the class, so there is no point to even discuss their mistakes in test and assignments. I was also showed the test score of the weak students and found out that a lot of them failed biology. So, I decided to find out possible reason why the students failed this subject and request my mentor to allow me to mark their assignments. The assignments consist of structured questions. From the students’ answer, I could see that language is one of the problem. For some questions, students copied the definitions off the notes and for others that require their own answer, the words used are not suitable and difficult...
Words: 366 - Pages: 2
...work for them but there are still more effective ways to help prepare you. When you know you have to write an essay that’s due the next day, take your Xbox and cellphone and give it to a friend that cares about your academic success. Tell them to hold on to it until you finish your paper. When studying its good to use old test and quizzes to look over to see your strong suites and weaknesses and it also gives you an idea on what you need to study. While looking over your test and quizzes rewrite questions you got wrong and make your own quizzes. Go back and keep quizzing yourself Intel you have a better understanding of the material. The next step to preparing for a exam is build up your class notes. Try your best to keep them organized. Get to gather with a buddy or a study group and compare notes and fill in any missing material. Make sure all your key information matches, underline any key words, formulas, themes and concepts. Ask members of the study groups to quiz and test you. After going though these steps you should have a better idea of what the material is and even better how to do it. These steps help me when I’m psyched out before for a test. I always take a deep breath and carefully go though these steps. I hope these steps for taking an exam help you as they have assisted me in the...
Words: 330 - Pages: 2
...MID-TERM EXAM - 1st Semester, 2012 |Date |Time |Course Title & Code |Room No. | |29 June, 2012 |11.00 am ~ 12.30 pm |501: Accounting System & Auditing |502 | |(Friday) | | | | |30 June, 2012 |7.00 pm ~ 8.30 pm |502: Managerial Economics |402 | |(Saturday) | | | | |06 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication |502 | |(Friday) | | | | |07 July, 2012 |7.00 pm ~ 8.30 pm |504: Advanced Management |502 | |(Saturday) | | | | |13 July, 2012 |3.00 pm ~ 4.30 pm |503: Business Communication...
Words: 266 - Pages: 2
...sweating. She was fifteen minutes into her math final when she began to panic. This exam was worth most of her grade in the class. She understood math—even liked it—and usually did really well. Her constant problem was that she wasn’t a strong test-taker. Her grades never reflected her understanding of the material she studied. Now, here she was, once again stuck on one problem worth twenty-five points on the test, and she was drawing a blank. She put her head down on the desk and concentrated as hard as she could. She remembered doing a similar problem in class and explaining it to her friend Jessie, but now she was so stressed out by the test, she couldn’t even remember how to begin the problem. She lifted her head and stared at her test. She listened to the clock tick on the wall and imagined her parents’ expression when she receives her report card. Jessie was sitting right in front of her. He is always a good test taker and had already solved the problem. The teacher had his backed turned and was on the other side of the room. Georgia could look over Jessie’s shoulder, get the answer, and no one would know. Georgia needed to think quickly. She thought about how unfair it was that she regularly does badly on tests even though she works so hard in class and understands the material, too. She thought about how often she helped Jessie in class throughout the semester. What should she do? She prided herself on doing what was right. But how right is...
Words: 402 - Pages: 2
...An Opportunity to join SAIL as Management Trainee (Technical) or Management Trainee (Administration ) SAIL, a Maharatna Company, is the leading steel-making company in India with a turnover of Rs. 49,350 crore (FY 12-13). SAIL is in the process of modernizing and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. To man front-line executive positions in its Plant/Units/Mines, SAIL invites applications for 650 posts of Management Trainee (Technical) and 60 posts of Management Trainee (Administration) in E-1 grade from young, energetic, result oriented and promising talent in the country. ELIGIBILITY: Upper Age : 30 years as on 1.1.2014, i.e., not born earlier than 1.1.1984 Minimum Qualification : Management Trainee (Technical) Degree in Engineering (full time) with 65% marks (average of all semesters), in the disciplines of Mechanical, Electrical, Metallurgy, Electronics, Instrumentation, Ceramics, Civil, Computer Science (IT), Mining or Chemical Engineering. For Computer Science discipline, MCA (3 years full time) with 65% marks ( average of all semesters) are also eligible. Management For HR, Marketing and Materials : Bachelors’ degree in any discipline with 60% Trainee marks ( average of all subjects) with at least two years full time MBA/PG Diploma in (Administration) Management with 60% marks in Human Resources/ Personnel Management & Industrial Relations/ Personnel Management/ Masters...
Words: 2984 - Pages: 12
...SAIL (Management Trainee (Administration)) Job Description An Opportunity to join SAIL as Management Trainee (Technical) | or Management Trainee (Administration ) SAIL, a Maharatna Company, is the leading steel-making company in India with a turnover of Rs. 49,350 crore (FY 12-13). SAIL is in the process of modernizing and expanding its production units, raw material resources and other facilities to maintain its dominant position in the Indian steel market. To man front-line executive positions in its Plant/Units/Mines, SAIL invites applications for 650 posts of Management Trainee (Technical) and 60 posts of Management Trainee (Administration) in E-1 grade from young, energetic, result oriented and promising talent in the country. ELIGIBILITY: Upper Age : 30 years as on 1.1.2014, i.e., not born earlier than 1.1.1984 Minimum Qualification : Management Trainee (Technical) | Degree in Engineering (full time) with 65% marks (average of all semesters), in the disciplines of Mechanical, Electrical, Metallurgy, Electronics, Instrumentation, Ceramics, Civil, Computer Science (IT), Mining or Chemical Engineering. For Computer Science discipline, MCA (3 years full time) with 65% marks ( average of all semesters) are also eligible. | Management Trainee (Administration) | For HR, Marketing and Materials : Bachelors’ degree in any discipline with 60% marks ( average of all subjects) with at least two years full time MBA/PG Diploma in Management with 60% marks in Human...
Words: 3008 - Pages: 13
...True Identity Tony Bradford PSY/250 May 2, 2011 Douglas Butler It is safe to say that no two people are alike. Although we may have some comparable characteristics, overall, everyone is different. The reason why human beings are so dissimilar is because of their distinctive personalities. The mere fact that we all have different parents, life styles, family members, and different routine patterns that they have become accustomed to, seals the fact that we all will be unique in our own way. All of these combined, contributes to the foundation of one’s personality. I believe the personality of a person is the sum of a person’s physical, emotional, mental as well as their social characteristics. What makes people different? Why are some people more likable or more likely to be socially accepted by others? Why are people judged by the way that they act or appear to be rather than by what they have to offer? These are just a few questions that came to my mind when I overheard a group of teenagers talking about this kid that attempted suicide because he felt as if he was an outcast to his peers. This story made me realize that the personality of an individual can determine whether or not a person is capable of overcoming some of the cruel and insensitive barriers that are placed in his or her pathway by the people that he or she has to deal with on a day to day basis. There are many traits that I have adopted throughout my life which defines my personality. ...
Words: 910 - Pages: 4
...Construct and Support an Argument Angela Miars University of Phoenix Management MGT 521 Russell Arenz III July 12, 2010 Construct and Support an Argument My decision to continue my education and pursue an MBA is to gain the required skills needed to start a new career in my near future. Pursuing an MBA will make it possible to live a better economic life and to have a good job with security and top pay. I have chosen this route even with the current economic situation, knowing that new jobs may not be available by the time I finish with my MBA. An MBA would benefit me greatly in a variety of ways. Pursuing an MBA will aid in the development of the skills I need in the finance and accounting areas. Of course the increase in pay from possessing an MBA does not hurt either. When researching jobs online I am finding that by having a master’s degree, the pay is substantially higher than those with a bachelor’s degree. Other than career and financial reasons, I do have a personal goal to achieve more than my siblings. Out of four sisters only two of us have a bachelor’s degree. I would love nothing more than to become the other sibling to obtain a masters degree. Plain and simple, I want to do better than all of my sisters. In this economy, having a good paying job with security is vital. “In nearly every sector of the globe, the prospect of making more money and living a better economic life draws thousands of students to MBA programs” (Euders.com, 2009)...
Words: 847 - Pages: 4
...In this work MGT 434 Week 5 Team Assignment Employee Handbook Assignment you can find the review on following aspects: Employee Handbook Legal Consideration Addressing Performance Issues Ethical Considerations Access to Personnel Files Protection of Practice and Patient Information Identification Visitors/Meetings Monitoring: - Mail/E-Mail - Telephone/Voicemail - Internet Employment Practices Pre-Employment Physical and Drug Screen Pre-Employment Background Checks Conclusion References Business - Management Learning Team Assignment: Employee Handbook Assignment Prepare a 1,500-to 2,050-word document in which you create a representation of actual sections ( privacy, employee testing, ethics and performance evaluation s) of an employee handbook (private sector). Note. The handbook must be original student content and work. In addition to describing the company to which the employee handbook applies, also address the issues of privacy, employee testing, ethics and performance evaluation s in the global workplace. This assignment must include , but is not limited to, the following questions in drafting your handbook sections: What privacy rights issues must be addressed? What must the company’s position be in response to privacy rights issues? How do your privacy protections limit the company’s liability? How do your privacy protections enhance employee motivation and productivity...
Words: 316 - Pages: 2
...assessments have their advantages and disadvantages. Formal assessments are standardized tests that are designed by test specialists. There are given and scored under a standard condition. Informal assessments are tests designed by teachers for use in their classroom. Standardized tests are a type of formal assessments. Standardized tests are formal assessments because the tests are given in the same manner every time. They are fixed choice tests. It is a published achievement test. These are assessments that have been made to allow students to answer a vast amount of questions in a short time period. Since these tests are standardized they will all be the same unless there are different versions of the same test with the questions in different order. By using the same tests the answers can be machine scored. There will not be any mistakes due to grading error. They are convenient to assess student’s knowledge. These are the advantages of using standardized tests. With any given test there are some disadvantages to them, even those designed to be the best. Since standardized tests are fixed choices tests, they can exaggerate accurate information and minimal level skills at the sacrifice of advanced order problem solving and conceptual skills. They also take away from teaching time. These tests usually last a few hours, and during this time students are not learning. Standardized tests also do not assess the same curriculum. Every state has its own curriculum that it...
Words: 1564 - Pages: 7
...It is that time of the year again. The University of the Philippines College Admission Test (UPCAT) is just around the corner and you are surfing the Net, joining forums about THE test and looking for “special tips” for taking the examination, aren’t you? I see you. I cannot help but remember how chill I was on my exam day. It was not really because I was so confident that I knew everything the premier state university expected me to know. I think it was more because I did not even think I would make the cut. I did not get to attend any review class nor did I buy all the best and recommended UPCAT reviewers. As many UPCAT passers will tell you, it is not really about how much you have studied the summer before for the entrance exams but how much you have learned in school since Day 1. “UPCAT is not a day but a season. It started the day you realized you needed to work hard for your high school grades so it could help you ace the test. UPCAT … started when you began to hope to be an Iskolar ng Bayan,” says broadcast communication graduate Joseph Cataan. All you need for UPCAT are refreshers because, as they say, “you already know what you know.” I was also calm and cool about the whole thing because I was never pressured by my parents. On UPCAT day, my dad said, “Just do what you have to do.” And so I did. People will tell you that getting into UP is not the be-all and end-all but it pays to be assured that you did your part, from pre- to post-exam. Survival tips Here...
Words: 1525 - Pages: 7
