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Using the Example of Cruise Control in a Car to Explain

question 62

Essay

Using the example of cruise control in a car to explain the idea of push-pull regulation using the words set point, negative feedback, positive feedback, and command signal in your answer.


Definitions:

Foreign Exchange

The conversion or trading of one currency into another currency.

Federal Budget Deficit

The financial shortfall when a government's expenditures exceed its revenues within a given fiscal year.

Aggregate Demand

The total demand for goods and services within an economy at a given overall price level and in a given time period.

Equilibrium Level

Equilibrium level refers to the state in an economy or market where supply equals demand, so there is no tendency for change.

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