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Title: ECO 203 Innovation is Our Tradition/eco203.com


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ECO 203 Innovation is Our
Tradition/eco203.com
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ECO 203 Innovation is Our Tradition
  • ECO 203 Entire Course (Ash Course)
  • For more course tutorials visit
  • www.eco203.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 Week 2 DQ 2 Who Benefits and Who Loses
    from Inflation ?

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 1 DQ 1 Economics Systems
  • For more course tutorials visit
  • www.eco203.com
  • 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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 1 DQ 2 Role of Government
  • For more course tutorials visit
  • www.eco203.com
  • 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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 1 Quiz
  • For more course tutorials visit
  • www.eco203.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
  • 3. Question All but which one of the following
    could shift the demand curve?

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 2 DQ 1 The Current State of the
    Economy and Unemployment 
  • For more course tutorials visit
  • www.eco203.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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
    from Inflation?
  • For more course tutorials visit
  • www.eco203.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, asset
    prices, and households on fixed incomes.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 2 Quiz
  • For more course tutorials visit
  • www.eco203.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

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 3 Assignment Efforts to Reduce the
    Budget Deficit
  • For more course tutorials visit
  • www.eco203.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 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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 3 Discussion Question 1 Government
    Fiscal Policy
  • For more course tutorials visit
  • www.eco203.com
  • 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 Âs use of fiscal policy (the
    stimulus) to promote growth and employment.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 3 Discussion Question 2 Budget
    Deficits and the National Debt
  • For more course tutorials visit
  • www.eco203.com
  • 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.)
  • In your post, differentiate the budget deficit
    from the national debt.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 3 Quiz
  • For more course tutorials visit
  • www.eco203.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
  •  4.        Question        The Investment Tax
    Credit

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 4 DQ 1 (Federal Reserve Bank Policy
    during the 2007-2008 Recession)
  • For more course tutorials visit
  • www.eco203.com
  • Discussion 1
  • 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

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 4 DQ 2 (The Effect of Bank Lending
    on the Company)
  • For more course tutorials visit
  • www.eco203.com
  • 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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 4 Quiz
  • For more course tutorials visit
  • www.eco203.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

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 5 DQ 1 Foreign Direct Investment
  • For more course tutorials visit
  • www.eco203.com
  • 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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 5 DQ 2 Economies In Transition
  • For more course tutorials visit
  • www.eco203.com
  • 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.

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ECO 203 Innovation is Our Tradition
  • ECO 203 Week 5 Final Expansionary Economic Policy
    (Fiscal and Monetary)
  • For more course tutorials visit
  • www.eco203.com
  • 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.

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ECO 203 Innovation is Our
Tradition
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