Title: ECO 372 EDU Real Education Real Results/eco372edudotcom
1ECO 372 EDU Real Education Real
Results/eco372edudotcom
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2ECO 372 Entire Course
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- ECO 372 Week 1 Individual Assignment Macroeconomic
 Terms - ECO 372 Week 1 Individual Assignment Economic Defi
nitions Worksheet (New) - ECO 372 Week 1 Knowledge Check
- ECO 372 Week 1 Discussion Question 1
- ECO 372 Week 1 Discussion Question 2
- ECO 372 Week 2 knowledge Check
3ECO 372 Final Exam (New)
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- 1. News Story Workers at a car-manufacturing plan
t in Flint, Michigan are laid off because the econ
omy is weak and GM cars aren't selling well. GM is
n't sure when the plant will reopen. What type ofÂ
unemployment describes the workers' situation? - Frictional unemployment
- Structural unemployment
- Full unemployment
- Cyclical unemployment
4ECO 372 Final Exam Guide (Uop)
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- 1) The largest source of household incomeÂ
in the U.S. is obtained from - 2) The market where business sell goods and servi
ces to households and the government is called the
    3) Real gross domestic product is best def
ined as   4) Underemployment includes peopleÂ
5ECO 372 Week 1 Discussion Question 1 (Uop)
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- What is the difference between real and nominal
GDP? Does GDP accurately reflect our nations
well being? Explain.
6ECO 372 Week 1 Discussion Question 2 (Uop)
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- Unemployment rate measures the number of
unemployed workers in the labour force. List and
explain three types of unemployment. Find the
most recent unemployment rate of your state. From
a personal perspective, can you explain your view
of the current job market in your local area?
7ECO 372 Week 2 Individual Assignment Product
Purchases and the Economy
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- You've been debating on making a purchase for
yourself. This is a product you've wanted for a
while, but one that requires budgeting because
you will be making monthly payments. - Select a product in which the demand for the
product is clearly affected by the strength or
weakness of the overall economy such as new
homes, cars, appliances, smart phones, etc. - Write a 1,050- to 1,400-word paper in which you
address the following - Identify and define two economic indicators
that reflect the strength of the economy (e.g.
real GDP, unemployment rate, inflation rate,
interest rate, housing starts, etc.).
8ECO 372 Week 1 Individual Assignment
Macroeconomic Terms
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- Complete the  Macroeconomic Terms.
9ECO 372 Week 1 Knowledge Check
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- 1.The two frameworks conventional economists gener
ally use to analyze macroeconomic issues are - 2.The relationship between real and nominal intere
st rate can be expressed by - 3.Which of the following economic activities would
 be included in the U.S. domestic gross product (G
DP)? - 4.Cyclical unemployment is defined as unemployment
 that results from - 5.The longest business cycle expansion in U.S. his
tory occurred in the 10 years from - 6.Economics is the study of how
- 7.Given that diesel cars get much better gas milea
ge than the typical car, an increase in the priceÂ
of gasoline would be expected to
10ECO 372 Week 2 Discussion Question 1 (Uop)
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- How do Classical and Keynesian economists differ
in their view of the aggregate supply curve?How
does this influence what Classical and Keynesian
economists believe about fiscal policy? - Do you think the current President and Congress
were taking Classical approach in their fiscal
policies? Explain your answer. - Â
11ECO 372 Week 2 Group Discussion Question (Uop)
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- What is the difference between contractionary and
expansionary fiscal policies? Which is more
appropriate today? Explain your answer. How might
contractionary and expansionary fiscal policies
affect your organization?
12ECO 372 Week 2 knowledge Check
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- 1.The globalized AS/AD curve is the standard AS/AD
 model with an added - 2.According to Say's Law, people
- 3.A shift in the long-run aggregate supply curve w
ill change - 4.The hypothesis about the macroeconomy that seesÂ
the recent problems with the U.S. economy directly
 related to the structural problems caused by glob
alization is referred to as the __________ hypothe
sis. -  8.The central difference between the standard the
ory and the structural stagnation hypothesis whenÂ
it comes to growth is - 5.In 2009, the personal savings rate rose. If theÂ
additional savings were not translated into invest
ment, Keynes would predict that aggregate income w
ould -  6.According to the Keynesian model,
- 7.The study of economic growth focuses on the fact
ors that cause an - Â
13ECO 372 Week 2 Team Weekly Reflection Economic
Forecasting Paper (2 Papers)
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- Develop a list of resources you might use to gathe
r historical economic data as well as economic for
ecast data. - Â
- Explain how and why each source is valuable and us
eful. - Â
- Identify any quantitative or qualitative forecasti
ng factors contained in the sources. - Discuss this weeks objectives with your team. You
r discussion should include the topics you feel co
mfortable with, any topics you struggled with, and
 how the weekly topics relate to application in yo
ur field. - Â
- Write a 350- to 1,050-word paper that details your
 team's findings. - Â
14ECO 372 Week 3 Discussion Question 1 (Uop)
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- What is the difference between contractionary and
expansionary monetary policy? Which is more
appropriate today? What are the impacts of this
policy on US economy?
15ECO 372 Week 3 Group Discussion Question (Uop)
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- What are the uses of money?Describe how rapid
inflation can undermine moneys ability to
perform its three basic functions. Will current
Fed's policy hinder money's ability to perform
its three basic functions? Explain your rational.
16ECO 372 Week 3 knowledge Check
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- 1.If you expect interest rates to rise, you will w
ant to be holding - Bottom of Form
- Top of Form
- 2.The interest rate is the price paid for the useÂ
of a - Bottom of Form
- Top of Form
17ECO 372 Week 3 Team Assignment Fiscal Policy Paper
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- Select an organization with which the team is fami
liar. - Write a 1,400- to 1,750-word paper in which you in
clude the following -  Research federal government spending and taxes o
ver the last 3-5 years (fiscal policy). Has totalÂ
government spending increased or decreased? Explai
n.  Have income tax rates increased or decreased?Â
Explain. -  Describe the impact of these fiscal policies onÂ
the U.S. economy
18ECO 372 Week 4 Discussion Question 1 (Uop)
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- Who benefits from a tariff or quota? Who loses?
What are the positives and negatives of
protectionist trade policies? Which policy is
best right now?
19ECO 372 Week 4 Group Discussion Question (Uop)
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- Define trade surplus and trade deficit? How do
trade deficits and surpluses affect exchange rate
and the industry in which you work?
20ECO 372 Week 4 Individual Assignment
International Economics Paper
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- Select an organization that both U.S. and internat
ional presences. - Write a 1,050- to 1,400-word paper in which you an
swer address the following  -  What does the president and congress do to stimu
late the economy? What does the president and cong
ress do to contract the economy? -  What does the Federal Reserve do to stimulate th
e economy? What does the Federal Reserve do to con
tract the economy? -  What motivates policymakers to stimulate the eco
nomy or contract the economy?
21ECO 372 Week 4 knowledge Check
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- 1.In the long-run framework, budget surpluses
- 2. The budget deficit or surplus is
- 3.Deficits and surpluses are best viewed as
- 4.Suppose the government increases spending by 30
 billion and raises taxes at by 20 billion at the
 same time. Then, - 5 Because automatic stabilizers lower transfer pay
ments and raise tax receipts as an economy recover
s from a recession, they - 6.Most of the government budget is mandatory spend
ing through programs like Medicare and Social Secu
rity, and much of the rest is politically difficul
t to alter. Because of this, - Â
22ECO 372 Week 4 Team Reflection Supply Chain and
Demand Model
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- Discuss the relationship between supply chain andÂ
the supply and demand model. - Prepare a 350- to 1,050- word paper detailing theÂ
findings of your discussion. - Â
23ECO 372 Week 5 knowledge Check
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- 1.In the U.S. current account, most of the trade d
eficit results from an excess of imported - 2.What is the difference between the balance of tr
ade and the balance of payments? - 3.If a government has implemented significantly hi
gher trade tariffs, but does not want this actionÂ
to affect the value of its currency, it will - 4. During 2007, the United States and Japan announ
ced possible limits on Chinese imports through hig
her tariff rates on Chinese products. To avoid the
se limits, China would have to - 5.If a country wants to prevent its exchange rateÂ
from falling, it could - 6.All other things being equal, an increase in tra
de restrictions on imports will - Â
24ECO 372 Week 5 Team Assignment Deficit and Debt
Presentation
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- Create a 15- to 18-slide PowerPoint presentationÂ
including detailed speaker notes in which you incl
ude the following -  Research the direction of monetary policy over t
he last 3-5 years. Has the money supply increasedÂ
or decreased? Explain.  Have interest rates increa
sed or decreased? Explain. -  Describe the impact of these monetary policies o
n the U.S. economy -  Describe the impact of these monetary policies o
n your team's selected organization. -  Have events in the economies of other countriesÂ
impacted the U.S. economy?  If so, explain. -  What are expectations regarding the strength ofÂ
the U.S. economy in the next 2 years?
25ECO 372 EDU Real Education Real
Results/eco372edudotcom
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