Title: ECO 372 Inspiring Minds/newtonhelp.com
1ECO 372 Inspiring Minds/newtonhelp.com
2ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 All Assignments (2 Set)
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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)
3ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Final Exam (New)
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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
4ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Final Exam Guide (New 2017)
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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 _____. -
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- 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? -
- The economy will move from point B to point A in
the short run and then to point C in the long
run. -
- The economy will move from point C to point B in
the short run and then eventually to point A. -
5ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 1 Assignment Ten Principles of
Economics and the Data of Macroeconomics (2
Papers) - Â
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- www.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.
6ECO 372 Inspiring Minds/newtonhelp.com
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- ECO 372 Week 1 Discussion Question 1
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- What is the difference between real and nominal
GDP? Does GDP accurately reflect our nations
well being? Explain.nt.
7ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 1 Discussion Question 2
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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, can you explain your view
of the current job market in your local area?
8ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 1 Individual Assignment Economic
Definitions Worksheet (New) - Â
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- Complete the Macroeconomic Terms Worksheet.
- Click the Assignment Files tab to submit your
assignment.
9ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 1 Individual Assignment
Macroeconomic Terms - Â
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- Complete the Macroeconomic Terms.
10ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 1 Knowledge Check
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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 - 5.The longest business cycle expansion in U.S.
history occurred in the 10 years from
11ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 1 Worksheet
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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. - Â
- Consumption Spending. . . . . .. . . . . . . . .
. 12,000 billion - Gross Investment Spending . . . . . . . . . . .
. 3,100 billion - Government Purchases. . . . . . . . . . . . . .
.        3,400 billion - Exports   . . . . . . . . . . . . . . . . . . .
. . .    2,200 billion
12ECO 372 Inspiring Minds/newtonhelp.com
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- ECO 372 Week 2 Assignment The Real Economy in the
Long Run (2 Papers) - Â
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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. - Write a 1,050-word report recommending an
off-shore country and support your choice with
the following
13ECO 372 Inspiring Minds/newtonhelp.com
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- ECO 372 Week 2 Discussion Question 1
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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?
14ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 2 Group Discussion Question
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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?
15ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 2 Individual Assignment Product
Purchases and the Economy -
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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 - Identify and define two economic indicators
that reflect the strength of the economy (e.g.
real GDP, unemployment rate, inflation rate,
interest rate, housing starts, etc.). - With these economic indicators in mind, how has
the economy affected the demand for and supply of
your selected product over the last 2 years? - What was the impact on the supply of the
product and the impact on the demand for the
product?
16ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 2 knowledge Check
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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.
17ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 2 Principles of Economics and the
Data of Macroeconomics (2 Papers) - Â
- For more course tutorials visit
- www.newtonhelp.com
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- This Tutorial contains 2 Papers
-
- 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. - Explain the following information in your report
to members of the strategic planning committee
18ECO 372 Inspiring Minds/newtonhelp.com
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- ECO 372 Week 2 Worksheet
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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? - Â
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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. - Â
- Use the hypothetical data in the table below to
calculate the Labor Force (in millions) and the
rate of unemployment (as a percentage) in each
year.
19ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Discussion Question 1
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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?
20ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Group Discussion Question
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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. - Â
21ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 knowledge Check
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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? -
- 4.If the Federal Reserve reduced its reserve
requirement from 6.5 percent to 5 percent, this
policy would most likely -
- 5.If banks hold excess reserves whereas before
they did not, the money multiplier -
22ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Team Assignment Fiscal Policy
Paper - Â
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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. - Describe the impact of these fiscal policies on
the U.S. economy - Describe the impact of these fiscal policies on
your team's selected organization.
23ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Team Assignment Money and the
Prices in the Long Run and Open Economies (2
Papers) - Â
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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 foreca
24ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Team Assignment Money and the
Prices in the Long Run and Open Economies
PRESENTATION - Â
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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. Students will
review the basic concepts macroeconomists use to
study open economies and will address why a
nation's net exports must equal its net capital
outflow. Students will demonstrate the
relationship between the prices and quantities in
the market for loanable funds and the prices and
quantities in the market for foreign-currency
exchange. Student will learn to analyze the
impact of a variety of government policies on an
economy's exchange rate and trade balance. - Assignment Steps
- Resources National Bureau of Economic Research
- Develop a 12- to 15-slide Microsoft PowerPoint
presentation for 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. - Discuss how government policies can influence
economic growth.
25ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Team Paper
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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.
26ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 3 Worksheet
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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.
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- What are the main components of M1 and M2?
27ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 4 Discussion Question 1
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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?
28ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 4 Group Discussion Question
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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?
29ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 4 Individual Assignment
International Economics Paper - Â
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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? - What does the Federal Reserve do to stimulate
the economy? What does the Federal Reserve do to
contract the economy?
30ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 4 Team Assignment Short-Run Economic
Fluctuations (2 PPT) - Â
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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. - Explain economic fluctuations and how shifts
in either aggregate demand or aggregate supply
can cause booms and recessions using the model of
aggregate demand and aggregate supply. - Explain how monetary policy affects interest
rates and aggregate demand.
31ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 4 Team Reflection Supply Chain and
Demand Model - Â
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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.
32ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 5 knowledge Check
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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 - 4. During 2007, the United States and Japan
announced possible limits on Chinese imports
through higher tariff rates on Chinese products.
To avoid these limits, China would have to
33ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 5 Team Assignment Deficit and Debt
Presentation - Â
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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. - Have events in the economies of other countries
impacted the U.S. economy? If so, explain. - What are expectations regarding the strength of
the U.S. economy in the next 2 years?
34ECO 372 Inspiring Minds/newtonhelp.com
- ECO 372 Week 5 Team Assignment Major Debates over
Macroeconomic Policy (2 Papers) - Â
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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
- Balanced government budget
- Tax incentives for saving
35ECO 372 Inspiring Minds/newtonhelp.com