Title: ECO 203 Inspiring Innovation--snaptutorial.com
1ECO 203 Inspiring Innovation--snaptutorial.com
2ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Entire Course For more classes
visit www.snaptutorial.com 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 ? ECO 203 Week 2
Quiz ECO 203 Week 3 DQ 1 Government Fiscal
Policy ECO 203 Week 3 DQ 2 Budget Deficits and
the National Debt
3ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 1 DQ 1 Economics Systems For
more classes visit www.snaptutorial.com Economic
s Systems-Discussion 1 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.
4ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 1 DQ 2 Role of Government For
more classes visit www.snaptutorial.com Role of
Government-Discussion 2 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. Discuss whether you favor a
larger or smaller role of government in the
economy. Refer to concepts found in the reading
to support your opinion.
5ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 1 Quiz For more classes
visit www.snaptutorial.com 1. Question
If an individual's income increases, then
the demand for a normal good will 2. Quest
ion 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? 5. Question
When price changes, one should expect a
change in
6ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 2 DQ 1 The Current State of the
Economy and Unemployment For more classes
visit www.snaptutorial.com 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. Reference Chapter 6, section 6.3
Aggregate Equilibrium and Changes in
Equilibrium.
7ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 2 DQ 2 Who Benefits and Who Loses
from Inflation For more classes
visit www.snaptutorial.com 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.
8ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 2 Quiz For more classes
visit www.snaptutorial.com 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,
9ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 3 Assignment Efforts to Reduce the
Budget Deficit For more classes
visit www.snaptutorial.com 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.
10ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 3 Discussion Question 1 Government
Fiscal Policy For more classes
visit www.snaptutorial.com ECO 203 Week 3
Discussion Question 1 Government Fiscal
Policy Between 2007 and 2009 theU.S.economy
experienced a severe recession.  In an effort
to stimulate the economy, the federal government
passed a stimulus package. Explain the federal
governmentÂs 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
11ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 3 Discussion Question 2 Budget
Deficits and the National Debt For more classes
visit www.snaptutorial.com ECO 203 Week 3
Discussion Question 2 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.)Â 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?
12ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 3 Quiz For more classes
visit www.snaptutorial.com 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. Quest
ion The largest single item in the
federal budget is 4. Question The
Investment Tax Credit 5. Question
The measured deficit would be larger if
13ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 4 DQ 1 (Federal Reserve Bank
Policy during the 2007 To 2008 Recession) For
more classes visit www.snaptutorial.com Discussi
on 1 Federal Reserve Bank Policy during the
2007-2008 Recession 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
14ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 4 DQ 2 (The Effect of Bank Lending
on the Company) For more classes
visit www.snaptutorial.com Discussion 2 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 How does a credit crunch affect
consumer spending and business investment?
15ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 4 Quiz For more casses
visit www.snaptutorial.com . 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. Questi
on To keep the federal funds rate from
rising above the target zone, the Fed must
16ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 5 DQ 1 Foreign Direct
Investment For more classes visit www.snaptutori
al.com Discussion 1 Foreign Direct
Investment Imagine you are in charge of
development for a developing country and were
approached by a multina-tional 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.
17ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 5 DQ 2 Economies In
Transition For more classes visit www.snaptutori
al.com Discussion 2 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.
18ECO 203 Inspiring Innovation--snaptutorial.com
ECO 203 Week 5 Final Paper Expansionary
Economic Policy www.snaptutorial.com Week 5
Final Paper 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
19ECO 203 Inspiring Innovation--snaptutorial.com