According to the graph above, voter turnout in presidential elections (3 points) is likely to increase in 2012
is likely to decline in 2012
shows a sharp increase between 1960 and 1972
shows a sharp increase between 2000 and 2004

The graph shows the price of a good compared to the quantity demanded and the quantity supplied. on this graph, the bottom horizontal line represents an ineffective price floor set above equilibrium. an effective price floor set below equilibrium. an ineffective price ceiling set above equilibrium. an effective price ceiling set below equilibrium.

1. the responsibilities of the u.s. federal reserve system include overseeing the banking system and regulating the quantity of money in the economy setting the level of real interest rates working with congress to devise a financial plan for the country and execute the president's orders calculating and reporting the unemployment rate 2. to increase the supply of money when the economy is weak, the fed closes banks reduces inflation sells bonds buys bonds 3. the federal funds rate is the short-term interest rate that banks charge their best customers when borrowing banks earn on savings accounts with the fed banks charge each other when borrowing or lending to each other the fed charges banks when borrowing 4. when the fed increases the money supply and consequently lowers interest rates, the value of the dollar will rise by more in the market for foreign exchange, all else equal will fall, all else equal is not impacted by fed policy will rise, all else equal

What problem does obeng say that we have in the 21st century? 2. obeng argues that the pace of change has eclipsed the pace of learning. do you agree or disagree? why? 3. what is "smart failure" according to obeng?