ECON 1B Midterm: ECON 1B Chapter : Midterm 1 Review

[6 points in total; 1 point each.] Go to the following Yahoo/finance link on the internet https://finance.yahoo.com/ and search for Alibaba Group Holding Limited (ticker: BABA). Based on the information your find on this site on Tuesday, September 5^th, posted course material and class discussions, answer the following questions:

What is the industry in which Alibaba operates?

How many people Alibaba approximately employs?

Which stock exchange are Alibaba shares listed on?

QUESTION 20 Based on the FOMC statement of June 13, 2018, we learn that the economy of the United States has stalled and the unemployment rate is increasing. True False 3.7037 points QUESTION 21 Based on the FOMC statement of June 13, 2018, we learn that the FOMC decided to raise the target range for the federal funds rate to 1-3/4 to 2 percent. True False 3.7037 points QUESTION 22 Based on the FOMC statement of June 13, 2018, we learn that the FOMC will base the timing and size of future adjustments to the target range for the federal funds rate on the outcome of midterm elections for the United States Senate and House of Representatives. True/False

Short writing assignments (25%) You are to write a brief summary and review of seven of the articles listed under “Readings for ECN 475 Topics.” You may only write on one of the articles listed under any given topic. For each topic selected, prepare in 350 words or less a brief review of the major points of the article and questions or personal reactions you had to the article. These should be single-spaced in 12 pt font

Topic 12: Climate change

Krugman, “Gambling with Civilization,” Review of William Nordhaus’

The Climate Casino: Risk, Uncertainty, and Economics for a Warming World,

The New York Review of Books, 11/7/13

http://www.nybooks.com/articles/archives/2013/nov/07/climate-change-gambling-civilization/

Grading of Short Writing Assignments

50 pts How well did you identify and summarize important points of economics from the

article?

20 pts How well did you use your own words and own organization to write your review?

15 pts Did you provide a good thesis sentence early in your review?

15 pts Are there major issues with your spelling, grammar, sentence structure, etc.?