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Packet 6: Bonus 11

According to Dutch economist Jan Tinbergen’s “norm,” this quantity is socially undesirable if the ratio of its highest and lowest values is more than five. For 10 points each:
[10m] Name this quantity which, in its namesake “effect,” causes less inferior goods to be bought as it increases. A hypothesis by Milton Friedman distinguishes between the “permanent” and “transitory” forms of this quantity.
ANSWER: income [accept income effect; or permanent income hypothesis]
[10h] Jan Tinbergen won the Nobel Prize in 1969 alongside Ragnar Frisch for pioneering dynamic models in this subfield. This subfield uses techniques like regression analysis to quantify economic relationships.
ANSWER: econometrics
[10e] This man critiqued Tinbergen’s econometric methods by arguing that economic relations change because of the field’s fundamental uncertainty. This British economist wrote The General Theory of Employment, Interest and Money.
ANSWER: John Maynard Keynes
<Social Science - Economics, Sarkar> | VAULT II Packet 06

HeardPPBE %M %H %
4213.8179%21%38%

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Conversion

TeamOpponentPart 1Part 2Part 3TotalParts
Albanian Rift in the SkyPrat Pack0101020HE
Midnight Bus to VistaLeif Eriksen's Striking Appearance0101020HE
Taman's Nepo Babieswhatever010010H
With Less Than 2 Years of Combined Quizbowl ExperienceHeauton Timorumenos0000

Summary

TournamentEditionMatchHeardPPBE %M %H %
VAULT II at Georgia Tech2026-01-24✓611.6767%33%17%
Triangle Cup2026-03-13✓313.33100%33%0%
VAULT II at Eden Prairie HS2026-03-13✓210.00100%0%0%
VAULT II at McGill2026-03-13✓410.0075%25%0%
VAULT II at UCSB2026-03-13✓412.5050%0%75%
VAULT II Northern UK2026-04-24✓313.33100%0%33%
VAULT II Southern UK2026-04-24✓417.50100%25%50%
VAULT II at Harvard2026-04-30✓320.00100%33%67%
VAULT II at MINT2026-06-19✓54.0040%0%0%
VAULT II Stanford Online2026-07-17✓821.2588%38%88%