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ECO 203 TUTORIALS Successful Learning / eco203tutorials.com

FOR MORE CLASSES VISIT<br>www.eco203tutorials.com<br>This Tutorial contains 3 Set of Papers for each Assignment, 4 Set of Quiz for each Week (DQs—1 Set Only) <br>ECO 203 Week 1 DQ 1 Economics Systems <br>ECO 203 Week 1 DQ 2 Role of Government <br>ECO 203 Week 1 Quiz (4 Set) <br>ECO 203 Week 2 Journal Challenges to the American Labor Force <br>ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment <br>

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ECO 203 TUTORIALS Successful Learning / eco203tutorials.com

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  1. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com

  2. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • ECO 203 Entire Course (Ash Course) • FOR MORE CLASSES VISIT • www.eco203tutorials.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)

  3. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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? • Reference: Chapter 1, section 1.1: Economics and Chapter 2, section 2.1: Limited Resources.

  4. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • ECO 203 Week 1 DQ 2 Role of Government (Ash Course) • FOR MORE CLASSES VISIT • www.eco203tutorials.com • Role of Government. EconomicECO 203 Week 1 DQ 2 Role of Government (Ash Course) • FOR MORE CLASSES VISIT • www.eco203tutorials.com • s is the study of how society chooses to allocate its scarce productive resources • (labor, capital, land, entrepreneurial talent).

  5. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • ECO 203 Week 1 Quiz (Ash Course) • FOR MORE CLASSES VISIT • www.eco203tutorials.com • 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 TUTORIALS Successful Learning / eco203tutorials.com 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.

  7. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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,

  8. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com ECO 203 Week 2 Quiz (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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.

  9. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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.

  10. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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

  11. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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.)

  12. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • ECO 203 Week 3 Quiz (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.)

  13. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy during the 2007-2008 Recession (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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 3. Question : Supply-side tax cuts are aimed primarily at encouraging 4. Question : Keynes believed that the correct role for government during a depression was to 5. Question :

  14. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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

  15. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com ECO 203 Week 4 Quiz (Ash Course) FOR MORE CLASSES VISIT www.eco203tutorials.com 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 :

  16. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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. • Identify some of the benefits and some of the costs to the host country from allowing a multinational corporation to locate in a country with a developing economy.

  17. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com 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.

  18. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com • 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. • Describe the actions the government would take in conducting expansionary fiscal policy and expansionary monetary policy.

  19. ECO 203 TUTORIALS Successful Learning / eco203tutorials.com

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