Title: ECO 372 Experience Tradition/newtonhelp.com
1 ECO 372 Experience Tradition/newtonhelp.com
2 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Papers/PPT for each
Assignment -
- ECO 372 Week 1 Assignment Ten Principles of
Economics and the Data of Macroeconomics (2
Papers) -
- ECO 372 Week 2 Assignment The Real Economy in the
Long Run (2 Papers) -
- ECO 372 Week 2 Principles of Economics and the
Data of Macroeconomics (2 Papers)
3 ECO 372 Experience Tradition/newtonhelp.com
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- 1. News Story Workers at a car-manufacturing
plant in Flint, Michigan are laid off because the
economy is weak and GM cars aren't selling well. - GM isn't sure when the plant will reopen. What
type of unemployment describes the workers'
situation? - Frictional unemployment
- Structural unemployment
- Full unemployment
- Cyclical unemployment
4 ECO 372 Experience Tradition/newtonhelp.com
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- 1.
- Martha lends 200 to a friend who promises to
return it after a year. Instead of lending it to
her friend, Martha could have put the money in a
bank where she could have earned an interest rate
of 2 percent per annum. Marthas opportunity cost
of lending the money is _____. -
- 2
- The exhibit given below shows the short-run
aggregate demand and supply curves in an economy,
AD1 and AS1, and the long-run aggregate supply
curve, LRAS. The economy was initially in
equilibrium when there was a decrease in
aggregate demand, causing a shift of the
aggregate demand curve from - AD1 to AD2. Which of the following is true in
this case?
5 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Papers
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- Your organizations CEO is concerned that members
of the strategic planning committee are not
familiar with current economic thought and
principles. The CEO has assigned you the task of
developing an 875-word report to introduce some
of these thoughts and principles. Use Chapters 1,
2, 3, 4, 5, 6 and 7 in Principles of
Macroeconomics as your only source. - Explain the following information in your report
to members of the strategic planning committee - How economists are both scientists and
policymakers and what principles society uses to
allocate its scarce resources - Using the circular flow model, explain the flow
of money and goods in an economy.
6 ECO 372 Experience Tradition/newtonhelp.com
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- What is the difference between real and nominal
GDP? Does GDP accurately reflect our nations
well being? Explain.nt.
7 ECO 372 Experience Tradition/newtonhelp.com
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- Unemployment rate measures the number of
unemployed workers in the labour force. List and
explain three types of unemployment. Find the
most recent unemployment rate of your state. From
a personal perspective,
8 ECO 372 Experience Tradition/newtonhelp.com
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- Complete the Macroeconomic Terms Worksheet.
- Click the Assignment Files tab to submit your
assignment.
9 ECO 372 Experience Tradition/newtonhelp.com
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- Complete the Macroeconomic Terms.
10 ECO 372 Experience Tradition/newtonhelp.com
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- 1.The two frameworks conventional economists
generally use to analyze macroeconomic issues are - 2.The relationship between real and nominal
interest rate can be expressed by - 3.Which of the following economic activities
would be included in the U.S. domestic gross
product (GDP)? - 4.Cyclical unemployment is defined as
unemployment that results from
11 ECO 372 Experience Tradition/newtonhelp.com
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- ECO 372 Week 1 Worksheet
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- Complete the Worksheet.
- Click the Assignment Files tab to submit your
assignment. - Week 1 Worksheet
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- Use the information in the table below to
calculate Net Exports (NX) and gross domestic
product (GDP), in billions of dollars.
12 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Papers
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- Select your organization and a product produced
by that organization from IndustryWeek. - The organizations strategic plan calls for an
aggressive growth plan, requiring investment in
facilities and equipment, growth in productivity,
and labor over the next five years. It is your
teams task to determine where, outside the
United States, your organization should locate
its new manufacturing plant.
13 ECO 372 Experience Tradition/newtonhelp.com
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- How do Classical and Keynesian economists differ
in their view of the aggregate supply curve?How
does this influence what Classical and Keynesian
economists believe about fiscal policy? - Do you think the current President and Congress
were taking Classical approach in their fiscal
policies? Explain your answer.
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- What is the difference between contractionary and
expansionary fiscal policies? Which is more
appropriate today? Explain your answer. How might
contractionary and expansionary fiscal policies
affect your organization?
15 ECO 372 Experience Tradition/newtonhelp.com
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- You've been debating on making a purchase for
yourself. This is a product you've wanted for a
while, but one that requires budgeting because
you will be making monthly payments. - Select a product in which the demand for the
product is clearly affected by the strength or
weakness of the overall economy such as new
homes, cars, appliances, smart phones, etc. - Write a 1,050- to 1,400-word paper in which you
address the following
16 ECO 372 Experience Tradition/newtonhelp.com
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- 1.The globalized AS/AD curve is the standard
AS/AD model with an added - 2.According to Say's Law, people
- 3.A shift in the long-run aggregate supply curve
will change - 4.The hypothesis about the macroeconomy that sees
the recent problems with the U.S. economy
directly related to the structural problems
caused by globalization is referred to as the
__________ hypothesis. - 8.The central difference between the standard
theory and the structural stagnation hypothesis
when it comes to growth is
17 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Papers
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- Your organization's CEO is concerned that members
of the strategic planning committee are not
familiar with current economic thought and
principles. The CEO has assigned you the task of
developing an 875-word report to introduce some
of these thoughts and principles. Use Chapters 1,
2, 3, 4, 5, 6 and 7 in Principl0065s of
Macroeconomics as your only source.
18 ECO 372 Experience Tradition/newtonhelp.com
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- ECO 372 Week 2 Worksheet
- Complete the Worksheet.
- Click the Assignment Files tab to submit your
assignment. - Week 2 Worksheet
- What are discouraged workers? Are there likely to
be more discouraged workers when the economy is
booming or when the economy is in recession? -
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- Even when the economy is strong, there will be
some people who are unemployed because they
recently entered the labor force or lost/left a
job and are engaged in job search. What does this
imply about the economys natural or
full-employment rate of unemployment? Be
specific. -
19 ECO 372 Experience Tradition/newtonhelp.com
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- What is the difference between contractionary and
expansionary monetary policy? Which is more
appropriate today? What are the impacts of this
policy on US economy?
20 ECO 372 Experience Tradition/newtonhelp.com
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- What are the uses of money?Describe how rapid
inflation can undermine moneys ability to
perform its three basic functions. Will current
Fed's policy hinder money's ability to perform
its three basic functions? Explain your rational.
21 ECO 372 Experience Tradition/newtonhelp.com
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- 1.If you expect interest rates to rise, you will
want to be holding -
- 2.The interest rate is the price paid for the use
of a -
- 3.Which of the following do policy makers tend to
target when setting monetary policy?
22 ECO 372 Experience Tradition/newtonhelp.com
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- Select an organization with which the team is
familiar. - Write a 1,400- to 1,750-word paper in which you
include the following - Research federal government spending and taxes
over the last 3-5 years (fiscal policy). Has
total government spending increased or decreased?
Explain. Have income tax rates increased or
decreased? Explain.
23 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Papers
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- The organization's strategic plan you wrote about
in Week 2 calls for an aggressive growth plan,
requiring investment in facilities and equipment,
growth in productivity, and labor over the next
five years. It is your responsibility to
determine how the U.S economy during this five
year period will impact such an aggressive growth
plan. To do so, you should - Develop a 2,100-word economic outlook forecast
that includes the following - Analyze the history of changes in GDP,
savings, investment, real interest rates, and
unemployment and compare to forecast for the next
five years.
24 ECO 372 Experience Tradition/newtonhelp.com
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- Money and the Prices in the Long Run and Open
Economies -
- Purpose of Assignment
- Week 3 will help students develop an
understanding of what money is, what forms money
takes, how the banking system helps create money,
and how the Federal Reserve controls the quantity
of money. Students will learn how the quantity of
money affects inflation and interest rates in the
long run, and production and employment in the
short run. Students will find that, in the long
run, there is a strong relationship between the
growth rate of money and inflation.
25 ECO 372 Experience Tradition/newtonhelp.com
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- ECO 372 Week 3 Team Paper
- Each team member, other than the Team Leader,
should select one of the five topics below. If a
team has fewer than 6 members, you may leave off
one or more topics so no one has to cover more
than one. After selecting your topic and
indicating your choice in the Team Discussion
Forum, use the textbook and other sources to
conduct your research, write your section, and
edit your work (approximately 150 words in
length). Follow the Team Leaders guidance
regarding how and when to post your portion and
when to approve the final version of the paper. - Topics to be addressed in the paper
- Provide some historical information about when
and why the U.S. Federal Reserve was created. - Describe the structure of the Federal Reserve
System, including the Board of Governors, the
Federal Open Market Committee, and the 12
District Banks. - Why are the 12 Federal Reserve District Banks
referred to as bankers banks (what functions do
these banks perform)? - Explain how the Fed can cause the money supply to
grow at a faster rate and how such expansionary
policy is likely to affect interest rates,
employment, output, and prices. - Explain how monetary policy can be used to slow
down spending and bring inflation under control. - Team Leader After combining the sections written
by each team member, format the paper according
to APA standards. Include a cover page and add
an introduction and conclusion. Add section
headings to separate each
26 ECO 372 Experience Tradition/newtonhelp.com
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- ECO 372 Week 3 Worksheet
- Complete the Worksheet.
- Click the Assignment Files tab to submit your
assignment. - Week 3 Worksheet
- List and briefly describe the functions of money.
-
- What are the main components of M1 and M2?
27 ECO 372 Experience Tradition/newtonhelp.com
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- Who benefits from a tariff or quota? Who loses?
What are the positives and negatives of
protectionist trade policies? Which policy is
best right now?
28 ECO 372 Experience Tradition/newtonhelp.com
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- Define trade surplus and trade deficit? How do
trade deficits and surpluses affect exchange rate
and the industry in which you work?
29 ECO 372 Experience Tradition/newtonhelp.com
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- Select an organization that both U.S. and
international presences. - Write a 1,050- to 1,400-word paper in which you
answer address the following - What does the president and congress do to
stimulate the economy? What does the president
and congress do to contract the economy?
30 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Presentations
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- Select an organization your team is familiar with
or an organization where a team member currently
works. - Create a 15- to 20-slide Microsoft PowerPoint
presentation that will be presented to the
organization's Executive Committee. The
presentation should cover the following items - Identify the three key facts about short-run
economic fluctuations and how the economy in the
short run differs from the economy in the long
run.
31 ECO 372 Experience Tradition/newtonhelp.com
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- Discuss the relationship between supply chain and
the supply and demand model. - Prepare a 350- to 1,050- word paper detailing the
findings of your discussion.
32 ECO 372 Experience Tradition/newtonhelp.com
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- 1.In the U.S. current account, most of the trade
deficit results from an excess of imported - 2.What is the difference between the balance of
trade and the balance of payments? - 3.If a government has implemented significantly
higher trade tariffs, but does not want this
action to affect the value of its currency, it
will
33 ECO 372 Experience Tradition/newtonhelp.com
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- Create a 15- to 18-slide PowerPoint presentation
including detailed speaker notes in which you
include the following - Research the direction of monetary policy over
the last 3-5 years. Has the money supply
increased or decreased? Explain. Have interest
rates increased or decreased? Explain. - Describe the impact of these monetary policies
on the U.S. economy - Describe the impact of these monetary policies
on your team's selected organization.
34 ECO 372 Experience Tradition/newtonhelp.com
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- This Tutorial contains 2 Papers
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- Select two subjects from the following list of
topics and write a 1,050-word analysis - Active monetary and fiscal policy
- Increased government spending to fight
recessions - Reducing federal government's discretionary
powers - Zero-inflation target
35 ECO 372 Experience Tradition/newtonhelp.com