Question

Interpreting a Cartoon: Study the cartoon on page 451 and then answer the following questions:

1.
Who or what is represented by each of the following: the automo-
bile, the service station, the road, and the city in the distance?

2.
What do the tool kits represent?

3.
How might the mechanic use the tool kits to help the auto get over
a period of recession? a period of inflation?

4.
Explain how an individual with a liberal point of view and one with
a conservative point of view might interpret the cartoon differently.

Answer 1

Answer:

1. Automobile: economic activity; service station: federal government policies; road: the business cycle; city in the distance: recovery and prosperity.

2. Fiscal and monetary policies.

3. (a) Recession: increase government and private spending, reduce taxes, buy government securities, lower discount rate, and lower reserve ratio.

(b) Inflation: increase taxes, reduce government and private spending, sell government securities, raise discount rate, and raise reserve ratio.

4, A liberal might emphasize that mechanics can often make cars run more smoothly.  A conservative might emphasize the limits on what a mechanic can accomplish.

Explanation:

Answer 2

1. Automobiles: Economic activity; Gas stations: Government policies; Streets: Business cycles; Far cities: Relaxation and prosperity.

2. Fiscal and monetary policy.

3. (A) Recession: Increase government and private spending, reduce taxes, buy government bonds, lower discount rates, and lower reserve requirements.

(b) Inflation: Tax increase, reduction of government and private spending, sale of government bonds, increase of discount rate, increase of reserve requirement ratio.

4, liberals may point out that mechanics can make the car run more smoothly. Conservatives may emphasize the limits of what a mechanic can achieve.

How to study photography?

Now let's talk about what we did.

• Step 1: Look at the photo. Encourage your child to look at the picture until you can close your eyes and see the details of your image clearly.
• Step 2: Hide the image and explain.
• Step 3: Look again and discuss.
• Step 4: Exhibit.

Learn more about how to read the image here: https://brainly.com/question/25938417

#SPJ2