Title: AB 204 STUDY Lessons in Excellence--ab204study.com
1AB 204 STUDY Lessons in Excellence--ab204study.com
2AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 1 -- Unit 9 All Assignments FOR MORE
CLASSES VISIT www.ab204study.com Check the
included Assignments details Below AB 204 Unit 1
Assignment Ten Principles of Economics AB 204
Unit 2 Assignment Economic Models and Comparative
Advantage
3AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 1 Assignment Ten Principles of
Economics FOR MORE CLASSES VISIT
www.ab204study.com This Assignment deals with
the Ten Principles of Economics and their
applications to different scenarios. Each
scenario below practices one of the 10 principles
of economics. Match the principles to the
appropriate scenario listed and justify your
answer. Each principle will only be used once.
Refer to chapter one for the details on the ten
principles of economics.
4AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 2 Assignment Economic Models and
Comparative Advantage FOR MORE CLASSES VISIT
www.ab204study.com Explain the difference
between absolute advantage and comparative
advantage. Which is more important in determining
trade between individuals or countries? Is it
absolute advantage or comparative advantage?
Why?
5AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 3 Assignment Supply and Demand Model
and PPF FOR MORE CLASSES VISIT www.ab204study.co
m 1) The table below indicates the total
quantity supplied and demanded of flashlights at
different price levels. Draw Supply and Demand
Curves. What are the equilibrium price and the
equilibrium quantity?
6AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 4 Assignment FOR MORE CLASSES VISIT
www.ab204study.com 1) U.S. real GDP is
substantially higher today than it was 60 years
ago. What does this tell us, and what does it not
tell us, about the well-being of U.S. residents?
What are the limitations of the GDP as a measure
of economic well-being? Given the limitations,
why is GDP usually regarded as the best single
measure of a societys economic well-being?
7AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 5 Assignment FOR MORE CLASSES VISIT
www.ab204study.com 1) Assume there is a
simple economy where people consume only 2 goods,
food and clothing. Further assume that the market
basket of goods used to compute the CPI consists
of 100 units of food and 20 units of clothing.
8AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 6 Assignment FOR MORE CLASSES VISIT
www.ab204study.com PART 1 Comparing Long-Run
Economic Growth Rates of Countries Use the
electronic library and databases to conduct
research to identify the key factors that
determine long term economic growth. You can find
the most up-to-date reports on the economic
growth trends of different countries under the
World Bank website linked below.
9AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 7 Assignment Money, Banks and the
Federal Reserve System FOR MORE CLASSES VISIT
www.ab204study.com 1. This section deals with
increase money supply given two scenarios (see
a and b below). In Westlandia, the public
holds 50 of money one (M1) in the form of
currency, and the required reserve ratio is 20.
10AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 8 Assignment FOR MORE CLASSES VISIT
www.ab204study.com 1. Long-run Macroeconomic
Equilibrium and Stock Market Boom Let us assume
the economy reaches its long-run macroeconomic
equilibrium in 2020. When the economy is in the
long run macroeconomic equilibrium, the stock
market will also reach its boom. This will in
turn lead to increases in stock prices more than
expected, and the stock prices will stay high for
some period.
11AB 204 STUDY Lessons in Excellence--ab204study.com
AB 204 Unit 9 Assignment Monetary and Fiscal
Policy, Macroeconomic Fluctuations and
Macroeconomic Equilibrium FOR MORE CLASSES VISIT
www.ab204study.com 1. Refer to the sets of
the aggregate demand, short-run aggregate supply,
and long-run aggregate supply curves. Use the
graphs to explain the process and steps by which
each of the following economic scenarios will
shift the economy from one long-run macroeconomic
equilibrium to another equilibrium.
12AB 204 STUDY Lessons in Excellence--ab204study.com