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ASHFORD ECO 203 Week 1 DQ 1 Economics Systems
(New) For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 2
Times, Rating B 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 education contributes to human
capital and the opportunity cost of a degree. Be
sure to refer to concepts found in the reading
when responding to your classmates.
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ASHFORD ECO 203 Week 1 DQ 2 Role of Government
(New) For more course tutorials
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Times, Rating No Rating 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 the private
sector by way of markets.
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ASHFORD ECO 203 Week 1 Quiz (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating No Rating 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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ASHFORD ECO 203 Week 2 DQ 1 The Current State of
the Economy and Unemployment (New) For more
course tutorials visit www.tutorialrank.com Tutori
al Purchased 3 Times, Rating A 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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ASHFORD ECO 203 Week 2 DQ 2 Who Benefits and Who
Loses from Inflation ? (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating B 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. Reference Chapter 4, section 4.3
Gainers and Losers from Inflation.
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ASHFORD ECO 203 Week 2 Quiz (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating A 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
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ASHFORD ECO 203 Week 3 Assignment Efforts to
Reduce the Budget Deficit (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 4 Times, Rating A 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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ASHFORD ECO 203 Week 3 DQ 1 Government Fiscal
Policy (New) For more course tutorials
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Times, Rating B 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 Discuss some actions taken by the
federal government and whether the recession
would have been longer and the unemployment rate
higher if the government had not acted by passing
the stimulus package?
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ASHFORD ECO 203 Week 3 DQ 2 Budget Deficits and
the National Debt (New) For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 1
Times, Rating No Rating 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 debt will
affect the economy in the future?
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ASHFORD ECO 203 Week 3 Quiz (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating No Rating 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
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ASHFORD ECO 203 Week 4 DQ 1 Federal Reserve Bank
Policy during the 2007-2008 Recession (New) For
more course tutorials visit www.tutorialrank.com T
utorial Purchased 1 Times, Rating B 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.
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ASHFORD ECO 203 Week 4 DQ 2 The Effect of Bank
Lending on the Economy (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating A 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. Specifically,
answer these questions in your post
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ASHFORD ECO 203 Week 4 Quiz (New) For more course
tutorials visit www.tutorialrank.com Tutorial
Purchased 2 Times, Rating No Rating 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
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ASHFORD ECO 203 Week 5 DQ 1 Foreign Direct
Investment (New) For more course tutorials
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Times, Rating B Foreign Direct Investment.
Imagine you are in charge of development for a
developing country and were approached by a
multinational corporation interested in locating
in your country. Identify some of the benefits
and some of the costs to the host country from
allowing a multinational corporation to locate in
a country with a developing economy. Discuss with
your classmates if developmental assistance from
world developmental agencies, such as the World
Bank or the United Nations, would be preferable
to private investment.
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ASHFORD ECO 203 Week 5 DQ 2 Economies in
Transition (New) For more course tutorials
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Times, Rating No Rating 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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ASHFORD ECO 203 Week 5 Final Paper Expansionary
Economic Policy (New) For more course tutorials
visit www.tutorialrank.com Tutorial Purchased 8
Times, Rating A In 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. Explain
the actions the federal government would take
while engaging in expansionary fiscal policy in
terms of the following
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