Bloomsbury Academic Press Hosted a Competition Called Remix the Remixer

question 61

Multiple Choice

Bloomsbury Academic Press hosted a competition called Remix the Remixer in 2008 to celebrate the release of Lawrence Lessig's book. Contest entrants were asked to find a video, interview, or written work of Lessig's, mash it up with another piece of Lessig's work, and create something new such as a video, photo, or text. What is this sort of artistic activity called?

• A) a two-step flow model
• B) textual poaching
• C) magic bullets
• D) uses and gratifications

Know the differences among various federal government spending categories and their economic impacts.

Appreciate the challenges and criticisms associated with the federal budget process.

Understand the concept of entitlement programs and their role in federal outlays.

Understand the concept of Net Present Value (NPV) and its relation to the cost of capital.

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Definitions:

Note Receivable

A promissory note from the payee’s point of view.

Promissory Note

A written promise to pay a specified amount of money, usually with interest, at a determined future date.

Payee

The person or company to whom the check is payable.

Drawer

Person who writes a check.