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For more course tutorials visit uophelp.com is now newtonhelp.com www.newtonhelp.com This Tutorial contains 3 Set of Papers for each Assignment, 4 Set of Quiz for each Week (DQs—1 Set Only) ECO 203 Week 1 DQ 1 Economics Systems ECO 203 Week 1 DQ 2 Role of Government ECO 203 Week 1 Quiz (4 Set) – PowerPoint PPT presentation

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Title: ECO 203 Your Dreams Our Mission/newtonhelp.com


1
ECO 203 Your Dreams Our Mission/newtonhelp.com
2
ECO 203 Entire Course (3 Set) 
  • For more course tutorials visit
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  • www.newtonhelp.com
  •  
  • This Tutorial contains 3 Set of Papers for each
    Assignment, 4 Set of Quiz for each Week (DQs1
    Set Only)
  • ECO 203 Week 1 DQ 1 Economics Systems
  • ECO 203 Week 1 DQ 2 Role of Government
  • ECO 203 Week 1 Quiz (4 Set)
  • ECO 203 Week 2 Journal Challenges to the American
    Labor Force

3
ECO 203 Week 1 DQ 1 Economics Systems (Ash
Course) 
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  • Economics Systems-Discussion 1
  • Discuss how your college education could be
    considered an investment in human capital.  What
    is the opportunity cost of your degree?
  • Reference Chapter 1, section 1.1 Economics and
    Chapter 2, section 2.1 Limited Resources.

4
ECO 203 Week 1 DQ 2 Role of Government (Ash
Course) 
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  • Role of Government-Discussion 2
  •  
  • Economics is the study of how society chooses to
    allocate its scarce productive resources (labor,
    capital, land, entrepreneurial talent). 
  • In a mixed economy, elements of both central
    planning and market allocation of resources are
    used in allocating productive resources.  The
    United States economy is a mixed economy, with a
    bias towards market allocation of resources. 
    This means most resources are allocated in the
    private sector by way of markets.

5
ECO 203 Week 1 Quiz (4 Set) 
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  • This Tutorial contains 4 Set of Week 1 Quiz (All
    Questions Listed Below)
  •  
  • ECO 203 Week 1 Quiz 1
  • 1.         Question         An economy that does
    NOT engage in international trade is
  • 2.         Question         In what kind of
    economy is a central planning board or commission
    typically used to answer the basic economic
    questions?
  • 3.         Question         All but which one of
    the following could shift the demand curve?

6
ECO 203 Week 2 DQ 1 The Current State of the
Economy and Unemployment (Ash Course)
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  • The Current State of the Economy and
    Unemployment 
  • Imagine a scenario where there is a decline in
    aggregate demand.  Identify which part of the
    business cycle is part of a decline in aggregate
    demand.  Gross Domestic Product (GDP) measures
    the amount of new production. A change in the
    amount of new production affects employment. 
    Describe what would happen to GDP, the
    unemployment rate and the inflation rate if there
    is a decline in aggregate demand. 

7
ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
from Inflation(Ash Course) 
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  • Who Benefits and Who Loses from Inflation?
  • Inflation is an important policy issue because it
    causes a redistribution of income and wealth, and
    discourages saving and investment.  Discuss how
    inflation affects borrowers and lenders, asset
    prices, and households on fixed incomes.  

8
ECO 203 Week 2 Quiz (4 Set) 
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  •  
  • This Tutorial contains 4 Set of Week 1 Quiz (All
    Questions Listed Below)
  • ECO 203 Week 2 Quiz 1
  • 1.         Question         All but which one of
    the following are possible benefits of economic
    growth?
  • 2.         Question         A country is in a
    recession if
  • 3.         Question         All but one of the
    following will shift the aggregate supply curve
    to the right.

9
ECO 203 Week 3 Assignment Efforts to Reduce the
Budget Deficit (3 Papers) 
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  • This Tutorial contains 3 Papers of this
    Assignment
  • Efforts to Reduce the Budget Deficit 
  • The rapid growth of the national debt alarmed
    some politicians and created pressure for
    restricting Congress's unlimited ability to
    spend.  After reviewing Chapter 10, Section 10.2
    Efforts to Reduce the Deficit, write a 2-3 page
    paper, formatted according to APA style as
    outlined in your approved style guide, discussing
    the actions taken by the Congress since 1985 to
    reduce the budget deficits. 

10
ECO 203 Week 3 Discussion Question 1 Government
Fiscal Policy (Ash Course) 
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  • ECO 203 Week 3 Discussion Question 1
  • Government Fiscal Policy
  • Between 2007 and 2009 theU.S.economy experienced
    a severe recession.   In an effort to stimulate
    the economy, the federal government passed a
    stimulus package. Explain the federal
    governmentÂs use of fiscal policy (the stimulus)
    to promote growth and employment.  Support your
    ideas with concepts found in the assigned
    reading. Include the following in your response

11
ECO 203 Week 3 Discussion Question 2 Budget
Deficits and the National Debt (Ash Course) 
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  • ECO 203 Week 3 Discussion Question 2
  • Budget Deficits and the National Debt
  • Between 2007 and 2011 the federal budget deficit
    grew from 160.7 billion to 1,299.6 billion, and
    the national debt grew from 8.9 trillion to
    14.8 trillion. (Figure 10.1 The ratio of debt
    to GDP, 1977-2011.) 

12
ECO 203 Week 3 Quiz (4 Set)
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  • This Tutorial contains 4 Set of Week 1 Quiz (All
    Questions Listed Below)
  •  
  • ECO 203 Week 3 Quiz 1
  •  
  •  
  • 1.         Question         In a macroeconomic
    equilibrium,
  • 2.         Question         A progressive tax
    taxes each individual

13
ECO 203 Week 4 DQ 1 (Federal Reserve Bank Policy
during the 2007 To 2008 Recession) (Ash Course)
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  • Discussion 1
  •  
  • Federal Reserve Bank Policy during the 2007-2008
    Recession
  • From 2007-2010, the Federal Reserve Bank (the
    Fed) used many practices that had never before
    been seen from the central bank of the United
    States.
  • Discuss the some of the actions that the Fed took
    during this period.  Such as

14
ECO 203 Week 4 DQ 2 (The Effect of Bank Lending
on the Company) (Ash Course) 
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  • Discussion 2
  • The Effect of Bank Lending on the Economy
  • In conducting expansionary monetary policy, even
    if the Federal Reserve Bank is providing reserves
    to the banking system, during a recession or
    during periods of slow economic growth, banks may
    choose not to lend out their reserves when
    interest rates are low and potential borrowers
    look risky.  This is known as a credit crunch.
    Explain how a credit crunch affects economic
    growth. Specifically, answer these questions in
    your post

15
ECO 203 Week 4 Quiz (4 Set)
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  • This Tutorial contains 4 Set of Week 4 Quiz (All
    Questions Listed Below)
  • ECO 203 Week 4 Quiz 1
  • 1.         Question         The bulk of the M1
    money supply is made up of
  • 2.         Question         Through open market
    operations, the Federal Reserve
  • 3.         Question         All but which one of
    the following are tools of monetary policy?

16
ECO 203 Week 5 DQ 1 Foreign Direct Investment
(Ash Course) 
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  • Discussion 1
  • Foreign Direct Investment
  • Imagine you are in charge of development for a
    developing country and were approached by a
    multina-tional corporation interested in locating
    in your country.

17
ECO 203 Week 5 DQ 2 Economies In Transition (Ash
Course) 
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  • Discussion 2
  • Economies in Transition
  • The movement in the direction of a market-based
    system with freely determined prices,
    competition, profits, private ownership, and
    other features of capitalism is not simple. 
    Discuss some of the challenges associated with an
    economy transitioning from socialism to
    capitalism.

18
ECO 203 Week 5 Final Expansionary Economic Policy
(3 Papers)
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  • This Tutorial contains 3 Final Papers
  •  
  • Expansionary Economic Policy
  • Focus of the Final Paper
  • Week 5 Final PaperIn an effort to move the
    economy out of a recession, the federal
    government would engage in expansionary economic
    policies.  Describe the actions the government
    would take in conducting expansionary fiscal
    policy and expansionary monetary policy.

19
ECO 203 Your Dreams Our Mission/newtonhelp.com
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