Betsy Graduates from College,where She Earned $3,000 a Year Working

question 2

Multiple Choice

Betsy graduates from college,where she earned $3,000 a year working part-time,and takes a job as a third grade teacher,where she now earns $30,000 per year.About the same time she received her first paycheck,her bicycle was stolen.With her old income she would have purchased a new bike but with her new income she purchased a new car.Therefore,

• A) bicycles are a normal good for Betsy
• B) automobiles are an inferior good for Betsy
• C) automobiles are a normal good for Betsy
• D) Betsy's supply curve for automobiles is upward-sloping
• E) bicycles and automobiles are complementary goods for Betsy

Define the role and approaches of teachers in a constructivist classroom.

Identify factors influencing the implementation of constructivist approaches in education.

Understand the importance and methods of effective communication between teachers and families.

Recognize the developmental stages children go through according to Piaget and Erikson and their implications for teaching.

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Definitions:

Fama-French Three-factor Model

An asset pricing model that expands on the capital asset pricing model by including size risk and value risk factors in addition to market risk.

CCAPM

Consumption Capital Asset Pricing Model; it extends the Capital Asset Pricing Model by considering the consumption habits of investors to explain asset prices.

Traditional CAPM

The Capital Asset Pricing Model, a framework used to determine the expected return on an investment, factoring in risk-free rate, the asset's beta, and the market risk premium.

Fama-French Three-factor Model

A model that expands the CAPM by adding size risk and value risk factors to the market risk factor, explaining stock returns more accurately.