Directions: Any words you write must be entirely your own. You cannot work with other students. You cannot quote directly from any source, including the textbook and other written material distributed by the instructors.
If you are asked to appraise a statement, then you must begin your answer with an explicit assertion about whether the statement is True of False. The rest of your answer should explain why you assert that the statement you are appraising is true or false. Use appropriate graphs to enhance your appraisals and essay questions, making sure to clearly label everything. If specific graphs are mentioned in the question then you must use them appropriately in your answer, but other graphs that are not mentioned may also be relevant, in which case you must decide what other graphs, if any, to include. Verbal explanations must be focused and succinct – points will be deducted for answers that are unfocused or unnecessarily long. All graphs must be entitled Fig. 1, Fig. 2, etc., and as you write you should refer to these graphs by their titles. You may either attach all graphs at the end, or embed them within each of your answers – whatever works best for you. Draw BIG graphs to improve clarity.
QUESTIONS ARE ATTACHED = QUESTION #1 AND #2