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AB 204 Course Teaching Resources/snaptutorial.com

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For more classes visit www.snaptutorial.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. – PowerPoint PPT presentation

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Title: AB 204 Course Teaching Resources/snaptutorial.com


1
AB 204 Course Teaching Resources/snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
2
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 1 Assignment Ten Principles of
Economics   For more classes visit www.snaptutoria
l.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.
3
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 1 Unit 9 All Assignments   For more
classes visit www.snaptutorial.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 AB 204 Unit 3 Assignment Supply and
Demand Model and PPF AB 204 Unit 4 Assignment AB
204 Unit 5 Assignment AB 204 Unit 6 Assignment
4
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 2 Assignment Economic Models and
Comparative Advantage   For more classes
visit www.snaptutorial.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?
5
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 3 Assignment Supply and Demand Model
and PPF For more classes visit www.snaptutorial.
com   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?
6
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 4 Assignment For more classes
visit www.snaptutorial.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?  
7
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 5 Assignment For more classes
visit www.snaptutorial.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.   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.
8
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 6 Assignment For more classes
visit www.snaptutorial.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.
9
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 7 Assignment Money, Banks and the
Federal Reserve System   For more classes
visit www.snaptutorial.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. 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  
10
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 8 Assignment   For more classes
visit www.snaptutorial.com   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. a) Why
do net exports and net capital outflows tend to
be equal? How does an increase in the price level
11
AB 204 Course Teaching Resources/snaptutorial.com
AB 204 Unit 9 Assignment Monetary and Fiscal
Policy, Macroeconomic Fluctuations and
Macroeconomic Equilibrium   For more classes
visit www.snaptutorial.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.
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).
12
AB 204 Course Teaching Resources/snaptutorial.com
The Best way to predict the Future is to create
it.....To Best way....
www.snaptutorial.com
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