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ECO 203 TUTORIALS Real Education ECO 203 Entire Course (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com ECO 203 Week 1 DQ 1 Economics Systems ECO 203 Week 1 DQ 2 Role of Government ECO 203 Week 1 Quiz ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment
ECO 203 TUTORIALS Real Education ECO 203 Week 1 DQ 1 Economics Systems (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com Week 1 Economics Systems. Discuss how your college education could be considered an investment in human capital. What is the opportunity cost of your degree?
ECO 203 TUTORIALS Real Education ECO 203 Week 1 DQ 2 Role of Government (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com Role of Government. Economics is the study of how society chooses to allocate its scarce productive resources (labor, capital, land, entrepreneurial talent).
ECO 203 TUTORIALS Real Education ECO 203 Week 1 Quiz (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 1. Question : If an individual's income increases, then the demand for a normal good will 2. Question : An example of investment, as defined in economics, is
ECO 203 TUTORIALS Real Education ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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.
ECO 203 TUTORIALS Real Education ECO 203 Week 2 DQ 2 Who Benefits and Who Loses from Inflation (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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,
ECO 203 TUTORIALS Real Education ECO 203 Week 2 Quiz (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 1. Question : The term “recession” refers to a 2. Question : Who is NOT a loser in inflation? 3. Question : The transfer of funds from savers to business investors takes place in the 4. Question : If taxes increase and the AS curve is upward sloping, then 5. Question : The turning points of the business cycle are called
ECO 203 TUTORIALS Real Education ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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
ECO 203 TUTORIALS Real Education ECO 203 Week 3 DQ 1 Government Fiscal Policy (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com Government Fiscal Policy. Between 2007 and 2009 the U.S. economy experienced a severe recession. In an effort to stimulate the economy, the federal government passed a stimulus package. Explain the federal government’s use of fiscal policy (the stimulus) to
ECO 203 TUTORIALS Real Education ECO 203 Week 3 DQ 2 Budget Deficits and the National Debt (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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.)
ECO 203 TUTORIALS Real Education ECO 203 Week 3 Quiz (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 1. Question : The time between the legislation of fiscal policy and its effect on output and employment is called 2. Question : The federal income tax is 3. Question : The largest single item in the federal budget is
ECO 203 TUTORIALS Real Education ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy during the 2007-2008 Recession (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com Fed Policy during the 2007-2008 Recession. [Insert prompt].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:
ECO 203 TUTORIALS Real Education ECO 203 Week 4 DQ 2 The Effect of Bank Lending on the Economy (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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
ECO 203 TUTORIALS Real Education ECO 203 Week 4 Quiz (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 1. Question : M1 includes all but which one of the following? 2. Question : The transactions demand for money depends on 3. Question : Individuals accept dollars because 4. Question : The fact that money is legal tender increases its
ECO 203 TUTORIALS Real Education ECO 203 Week 5 DQ 1 Foreign Direct Investment (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com Foreign Direct Investment. Imagine you are in charge of development for a developing country and were approached by a multinational corporation interested in locating in your country.
ECO 203 TUTORIALS Real Education ECO 203 Week 5 DQ 2 Economies in Transition (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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.
ECO 203 TUTORIALS Real Education ECO 203 Week 5 Final Paper Expansionary Economic Policy (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com Week 5 Final Paper In an effort to move the economy out of a recession, the federal government would engage in expansionary economic policies.