8. The concept of feedback is central to a lot of economics,
but textbooks rarely mention it. There are two kinds of feedback,
stabilizing and destabilizing feedback. Use a search engine on the
internet and see if you can discover how they are defined and
examples of each.
Then put a check mark in front of those items that are examples
of DAMPENING feedback.
temperature rises as the furnace runs; as the temperature
rises, the furnace turns off.
b. A teacher
praises a child when she performs well; the child
performs well when she is praised.
c. A valve
releases more steam as the pressure rises; the pressure
drops as steam is released.
d. When less
gasoline is available, the price rises; when price rises,
people use less gasoline.
e. When Joe
studies more, he gets higher test scores; as he gets
higher test scores, he studies less.
f. When wood
burns, it creates heat; when heated, wood burns more
g. When income
goes up, people spend more; when people spend more,
income goes up.
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