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Case-Based Critical Thinking Questions Maureen Is Planning a Cruise for Her

question 10

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Case-Based Critical Thinking Questions Maureen is planning a cruise for her family's upcoming reunion. She wants to e-mail images from the cruise ship to her siblings, who live in other parts of the country. She decides to use PowerPoint 2010 to create a quick presentation for them. Maureen downloads three pictures of cabin sizes for her siblings to vote on. She inserts one picture per slide. The third picture shows two views of the same room that Maureen thinks might be confusing, so she____.


Definitions:

Wealth Redistribution

The transfer of income, wealth, or property among individuals or groups, often implemented through policies by governments to improve economic equality.

Quantity Equation

An equation that relates the quantity of money in an economy to the nominal value of economic output, often used in monetary theory to predict inflation.

Money Supply

The total capital resources in monetary terms within an economy at a certain time.

Price Level

An index of the aggregate prices of all goods and services in an economy, often measured by a consumer price index or GDP deflator.

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