For each of the following fiscal policy proposals, determine whether the primary focus is on aggregate demand, aggregate supply, or both. a. $1,000 per person tax reduction
b. a 5% reduction in all tax rates
c. Pell Grants, which are government subsidies for college education
d. government-sponsored prizes for new scientific discoveries
e. an increase in unemployment compensation

1. (i) both; (ii) supply-side; (iii) supply-side; (iv) both; (v) demand-side
2. (i) demand-side; (ii) both; (iii) supply-side; (iv) supply-side; (v) both
3. (i) demand-side; (ii) both; (iii) both; (iv) supply-side; (v) demand-side
4. (i) supply-side; (ii) demand-side; (iii) demand-side; (iv) both; (v) both
5. (i) supply-side; (ii) supply-side; (iii) demand-side; (iv) both; (v) both

Question 1 which of the following tasks use your roommate as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough spoon cookies onto the tray unload the cookies from the oven pack the cookies 1 points question 2 which of the following tasks use the tray(s) as a resource? choose all answers which apply. take order wash the mixer’s bowl and mix the dough bake the cookies cool the cookies accept payment 1 points question 3 determine the task time for the following tasks. fill integer numbers into the blank (e.g., 5 rather than 5.0) wash and mixing the dough: minute(s)/order spoon cookies onto the tray: minute(s)/order set up timer: minute(s)/order bake: minute(s)/order cool the cookies: minute(s)/order pack the cookies: minute(s)/order accept payment: minute(s)/order 2 points question 4 q4: determine the cycle time for the following resources. fill integer numbers into the blank (e.g., 5 rather than 5.0) kristen (you): minute(s) roommate: minute(s) oven: minute(s) 2 points question 5 what is the capacity rate (in orders/hour) of the roommate? 1 points question 6 what is the capacity rate (in orders/hour) of the whole process? 2 points question 7 how long (in minutes) it takes to process the first order?

True or false: a fitted model with more predictors will necessarily have a lower training set error than a model with fewer predictors.

Which curve shows increasing opportunity cost as you give up more of one option? demand curve bow-shaped curve yield curve indifference curve