ECO 203 EXPERT Real Education Real Results/eco203expertdotcom

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ECO 203 EXPERT Real Education Real
Results/eco203expertdotcom

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ECO 203 Entire Course (Ash Course)

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• 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 Week 1 DQ 1 Economics Systems (Ash Course)

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• 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.
• Guided Response Review and respond to at least
  two of your classmates posts by replying to
  their posts on how a college

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ECO 203 Week 1 DQ 2 Role of Government (Ash
Course)

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• Role of Government. 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.
• The United States economy is a mixed economy,
  with a bias towards market allocation of
  resources. This means most resources are
  allocated in

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ECO 203 Week 1 Quiz (Ash Course)

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• 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?
• 4. Question When a firm decides to replace some
  workers with robots in its production process, it
  is making a decision about one of the basic
  economic questions. Which one?

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ECO 203 Week 2 DQ 1 The Current State of the
Economy and Unemployment (Ash Course)

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• 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.
• A change in the amount of new production affects
  employment. Describe what would happen to GDP,
  the unemployment rate and the inflation rate if
  there is
• a decline in aggregate demand.

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ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
from Inflation ? (Ash Course)

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• 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 Week 2 Quiz (Ash Course)

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• 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
• 6. Question As an economy recovers from a
  trough in the business cycle,

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ECO 203 Week 3 Assignment Efforts to Reduce the
Budget Deficit (Ash Course)

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• 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 Week 3 DQ 1 Government Fiscal Policy (Ash
Course)

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• 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 governments use of
  fiscal policy (the stimulus) to
• promote growth and employment. Support your
  ideas with concepts found in the assigned
  reading. Include the following in your response

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ECO 203 Week 3 DQ 2 Budget Deficits and the
National Debt (Ash Course)

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• 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.)
• In your post, differentiate the budget deficit
  from the national debt. How do you think the
  increases in the budget deficits and the national

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ECO 203 Week 3 Quiz (Ash Course)

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• 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
• 5. Question The measured deficit would be
  larger if
• 6. Question Opponents of discretionary fiscal
  policy believe that it

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ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy
during the 2007-2008 Recession (Ash Course)

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• 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
• How the Federal Reserves lending practices
  changed during this period.
• What did the Federal Reserve do to support firms
  deemed too big to fail.

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ECO 203 Week 4 DQ 2 The Effect of Bank Lending on
the Economy (Ash Course)

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• 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. This is known as a credit
  crunch. Explain how a credit crunch affects
  economic growth.

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ECO 203 Week 4 Quiz (Ash Course)

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• 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
• 5. Question According to the M1 definition,
  the money supply consists of currency held by the
  public plus
• 6. Question To keep the federal funds rate
  from rising above the target zone, the Fed must
• 7. Question If the Fed sells government bonds
  on the open market, which of the following is
  likely to occur?

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ECO 203 Week 5 DQ 2 Economies in Transition (Ash
Course)

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• 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.
• Reference Chapter 20, section 20.1 World
  Economic Systems, and section 20.2 Transition to
  a Market System
•  

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ECO 203 Week 5 Final Paper Expansionary Economic
Policy (Ash Course)

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• 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.
• Expansionary Fiscal Policy Review Chapter 7
  Classical Macroeconomics and the Keynesian
  Challenge and Chapter 9 Taxes, Government
  Spending, and Fiscal Policy.

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ECO 203 EXPERT Real Education Real
Results/eco203expertdotcom

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• www.eco203expert.com