Title: AB 204 STUDY Redefine the Possible/ab204study.com
1AB 204 STUDY Redefine the Possible/ab204study.com
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 1 -- Unit 9 All Assignments FOR
MORE CLASSES VISIT www.ab204study.com  Check
the included Assignments details Below AB 204
Unit 1 Assignment Ten Principles of Economics
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 1 Assignment Ten Principles of
Economics FOR MORE CLASSES VISIT
www.ab204study.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.
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 2 Assignment Economic Models and
Comparative Advantage FOR MORE CLASSES VISIT
www.ab204study.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?
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 3 Assignment Supply and Demand Model
and PPF FOR MORE CLASSES VISIT
www.ab204study.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?
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 4 Assignment FOR MORE CLASSES VISIT
www.ab204study.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?
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 5 Assignment FOR MORE CLASSES VISIT
www.ab204study.com  ) 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.
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 6 Assignment FOR MORE CLASSES VISIT
www.ab204study.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.
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 7 Assignment Money, Banks and the
Federal Reserve System FOR MORE CLASSES VISIT
www.ab204study.com  1. This section deals with
increase money supply given two scenarios (see
a and b below).
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 8 Assignment FOR MORE CLASSES VISIT
www.ab204study.com  1. Long-run Macroeconomic
Equilibrium and Stock Market Boom Let us assume
the economy reaches its long-run macroeconomic
equilibrium in 2020. When the
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AB 204 STUDY Redefine the Possible/ab204study.com
AB 204 Unit 9 Assignment Monetary and Fiscal
Policy, Macroeconomic Fluctuations and
Macroeconomic Equilibrium FOR MORE CLASSES
VISIT www.ab204study.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
12AB 204 STUDY Redefine the Possible/ab204study.com