AB 204 Course Inspiring Minds / tutorialrank.com

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AB 204 Course Inspiring Minds/ tutorialrank.com
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 1 -- Unit 9 All Assignments
AB 204 Unit 1 Assignment Ten Principles of
Economics AB 204 Unit 2 Assignment Economic
Models and Comparative Advantage AB 204 Unit 3
Assignment Supply and Demand Model and PPF AB
204 Unit 4 Assignment AB 204 Unit 5 Assignment
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 1 Assignment Ten Principles of
Economics
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.
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 3 Assignment Supply and Demand Model
and PPF
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? Suppose the market price
is 5. What problem would exist in the market?
Does it lead to surplus or shortage? How do you
expect this problem will affect the price?
Indicate this on the supply and demand graphs.
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 4 Assignment
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? 2) What is an
intermediate good? How does an intermediate good
differ from a final good? Explain why it is the
case that the value of intermediate goods
produced and sold during the year is not included
directly as part of GDP, but the value of
intermediate goods produced and not sold is
included directly as part of GDP.
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 2 Assignment Economic Models and
Comparative Advantage
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?
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 5 Assignment
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. 2) Calculate how much
each of the following items is worth in terms of
today's dollars using 180 as the price index for
today. 3) The table below uses data for 3
hypothetical countries. All the number values are
in thousands. Complete the blank entries in the
table below.
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 6 Assignment
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.
http//data.worldbank.org/products/wdi Please
also refer to the Webliography in the course web
page for additional information on the researches
done on economic issues.
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 7 Assignment Money, Banks and the
Federal Reserve System
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. 2. Explain how each of
the following changes quantity of money (money
supply) in the economy. 3. Assume that in a
country the total holdings of banks were as
follows
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 8 Assignment
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. 2)
Studies indicate that net exports and net capital
outflows tend to be equal.
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 9 Assignment Monetary and Fiscal
Policy, Macroeconomic Fluctuations and
Macroeconomic Equilibrium
. 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. Under each
scenario, elaborate the short-run and long-run
effects of the shifts in the aggregate demand and
aggregate supply curves on the aggregate price
level and aggregate output (real GDP).
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AB 204 Course Inspiring Minds/ tutorialrank.com
AB 204 Unit 9 Assignment Monetary and Fiscal
Policy, Macroeconomic Fluctuations and
Macroeconomic Equilibrium
. 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. Under each
scenario, elaborate the short-run and long-run
effects of the shifts in the aggregate demand and
aggregate supply curves on the aggregate price
level and aggregate output (real GDP).
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AB 204 Course Inspiring Minds/ tutorialrank.com
The Best way to predict the Future is to create
it.....To Best way....
www.tutorialrank.com