ECO 372 Motivated Minds /newtonhelp.com

Mar 04, 2019

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ECO 372 All Assignments (2 Set) For more course tutorials visit www.newtonhelp.com 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) ECO 372 Week 3 Team Assignment Money and the Prices in the Long Run and Open Economies (2 Papers) ECO 372 Week 4 Team Assignment Short-Run Economic Fluctuations (2 PPT) ECO 372 Week 5 Team Assignment Major Debates over Macroeconomic Policy (2 Papers) ECO 372 Week 1 Individual Assignment Macroeconomic Terms ECO 372 Week 1 Individual Assignment Economic Definitions Worksheet (New) ECO 372 Week 1 Knowledge Check ECO 372 Week 1 Discussion Question 1 ECO 372 Week 1 Discussion Question 2 ECO 372 Week 2 knowledge Check ECO 372 week 2 Team Weekly Reflection Economic Forecasting Paper (2 Papers) ECO 372 Week 2 Discussion Question 1 ECO 372 Week 2 Group Discussion Question ECO 372 Week 2 Individual Assignment Product Purchases and the Economy ECO 372 Week 3 Discussion Question 1 ECO 372 Week 3 Group Discussion Question ECO 372 Week 3 knowledge Check ECO 372 Week 3 Team Assignment Fiscal Policy Paper (New) ECO 372 Week 4 Discussion Question 1 ECO 372 Week 4 Group Discussion Question ECO 372 Week 4 Team Reflection Supply Chain and Demand Model ECO 372 Week 4 Individual Assignment International Economics Paper (New) ECO 372 Week 4 knowledge Check ECO 372 Week 5 Discussion Question 1 ECO 372 Week 5 Discussion Question 2 ECO 372 Week 5 Team Assignment Deficit and Debt Presentation (New) ECO 372 Week 5 knowledge Check --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Final Exam (New) For more course tutorials visit www.newtonhelp.com 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? u00a7 Frictional unemployment u00a7 Structural unemployment u00a7 Full unemployment u00a7 Cyclical unemployment 2. Globalization that allows governments to pursue expansionary policies can be dangerous because it can lead to: u00a7 A reduction in the debt ceiling u00a7 Goods price inflation u00a7 Asset price inflation u00a7 Goods price deflation 3. Macroeconomics is: u00a7 The study of aggregate economic relationships. u00a7 An analysis of economic reality that proceeds from the parts to the whole. u00a7 The study of pricing policies of firms and the purchasing decisions of households. u00a7 The study of individual choice and how that choice is influenced by economic forces. 4. Which of the following types of unemployment is considered to be the most controllable through demand-side macroeconomic policy? u00a7 Frictional unemployment u00a7 Cyclical unemployment u00a7 Structural unemployment u00a7 Natural unemployment 5. If banks hold excess reserves whereas before they did not, the money multiplier: u00a7 Will become smaller u00a7 Will become larger u00a7 Might increase or might decrease u00a7 Will be unaffected 6. Using the expenditure approach, gross domestic product equals: u00a7 The sum of consumption, investment, government purchases, and net exports u00a7 Gross national product minus net exports u00a7 The sum of consumption, investment, and government purchases u00a7 Gross national product 7. How do investment in technology and investment in capital differ? u00a7 They have similar effects on output so they have no important differences from an economic point of view. u00a7 They have the same effects on output but investments in technology are much more closely tied to the level of saving than investments in capital. u00a7 They have different effects on output because of the positive externalities associated with investments in capital. u00a7 They have different effects on output because of the positive externalities associate with investments in technology. 8. The interest rate is the price paid for use of a: u00a7 Real asset. u00a7 Financial liability. u00a7 Financial asset. u00a7 Real liability. 9. If the reserve requirement is 20 percent, and banks keep no excess reserves, an increase in an initial inflow of $100 into the banking system will cause an increase in the money supply of: u00a7 $50 u00a7 $100 u00a7 $500 u00a7 $20 10. Suppose farmers can use their land to grown either wheat or corn. The law of supply predicts that an increase in the market price of wheat will cause: u00a7 Farmers to substitute wheat for the production of corn. u00a7 Farmers to raise the production of corn and wheat. u00a7 Farmers to lower the production of corn and wheat. u00a7 Farmers to substitute corn for the production of wheat. 11. According to Keynes, why might deflation create problems for an economy? u00a7 In expectation of increased spending, too many entrepreneurs would begin businesses and most would fail. u00a7 The cost of repricing goods would increase costs, and therefore reduce profits, for businesses and they would cut production. u00a7 People would drop out of unions because unions would become ineffective at keeping wages of members high. u00a7 Consumers might expect prices to fall further and cut back consumption now. 12. When interest rates rise, people are: u00a7 More likely to borrow, that is, purchase a financial asset. u00a7 More likely to borrow, that is, sell a financial asset. u00a7 Less likely to borrow, that is, sell a financial asset. u00a7 Less likely to borrow, that is, purchase a financial asset. 13. According to the Classical growth model, an economy that increases its saving will grow: u00a7 Quickly since the increase in saving will permit greater investment. u00a7 Quickly since the increase in saving will permit more rapid technological progress. u00a7 Slowly because interest rates will fall, causing investment to decline. u00a7 Slowly because consumption and aggregate demand will be reduced. 14. Suppose that consumer spending is expected to decrease in the near future. If output is at potential output, which of the following policies is most appropriate according to the AS/AD model? u00a7 A reduction in government spending u00a7 An increase in taxes u00a7 An increase in government spending u00a7 No change in taxes or government spending 15. Which of the following topics is best characterized as a macroeconomic issue? u00a7 The effect of a drought on the price of corn u00a7 The decision by Apple to produce fewer Macintosh computers u00a7 The effect of an increase in federal spending on the unemployment rate u00a7 The choice a student makes in selecting college course 16. If income increases more rapidly than expected, then: u00a7 Estimates of the target rate of employment are likely to increase. u00a7 The budget is less likely to be in surplus. u00a7 Tax revenues will be lower than expected. u00a7 Spending on income-support programs will likely be lower than expected. 17. In which of the following situations is a budget surplus most likely to occur? u00a7 When fiscal policy is contractionary and the economy is expanding u00a7 When fiscal policy is expansionary and the economy is contracting u00a7 When fiscal policy is expansionary u00a7 When the economy is contracting 18. The largest expenditure component of GDP is: u00a7 Government spending u00a7 Net exports u00a7 Investment u00a7 Consumption 19. Which of the following is the path through which contractionary monetary policy works? u00a7 Money down implies interest rate up implies investment up implies income down. u00a7 Money down implies interest rate down implies investment down implies income down. u00a7 Money down implies interest rate up implies investment down implies income down. u00a7 Money down implies interest rate down implies investment up implies income down. 20. As a country develops economically, what changes usually take place in the goods it exports? u00a7 There is little change because comparative advantage does not change. u00a7 Exports go from being diversified to being specialized in whatever the country finds to its comparative advantage. u00a7 Services and manufactured goods decline in importance and are replaced by raw materials and agricultural products. u00a7 Raw materials and agricultural products decline in importance and are replaced by services and manufactured goods. 21. What would make foreigners want to buy more from the United States? u00a7 Higher tariffs u00a7 Higher interest rates in the United States u00a7 Inflation in the United States u00a7 A fall in the value of the dollar in the foreign exchange market 22. The depreciation of currency will: Balance a trade surplus. u00a7 Have no impact on a country's comparative advantage. u00a7 Worsen a country's comparative advantage. u00a7 Improve a country's comparative advantage. 23. The government of Crossland wants to influence its exchange rate. It will do so by buying and selling: u00a7 Currencies in its official reserves u00a7 Commodities u00a7 Goods and services from the current account u00a7 Transfers 24. If a country wants to prevent its exchange rates from falling, it could: u00a7 Place restrictions on imports u00a7 Pursue easier monetary policy u00a7 Remove any subsidies on exports u00a7 Remove restrictions on imports 25. Central banks are responsible for: u00a7 Both monetary policy and fiscal policy u00a7 Monetary policy but not fiscal policy u00a7 Neither monetary policy nor fiscal policy u00a7 Fiscal policy but not monetary policy 26. Quotas and tariffs can: u00a7 Never have the same effect on imports and import prices. u00a7 Have the same effect on the price of domestically produced goods if they are set appropriately. u00a7 Yield the same amount of tax revenue if they are set appropriately. u00a7 Both increase international trade by the same amount if set appropriately. 27. Between 2007 and 2009, the U.S. unemployment rate rose from under 5 percent to over 8 percent. A Keynesian economist would most likely blame this increase in unemployment on: u00a7 An increase in the minimum wage. u00a7 An increase in the bargaining power of labor unions. u00a7 A decline in the level of aggregate demand. u00a7 A decline in aggregate supply. 28. U.S. imports involve an: u00a7 Inflow of foreign currency from foreigners to the U.S. economy u00a7 Inflow of dollars from foreigners to the United States economy u00a7 Outflow of foreign currency from the United States to foreigners u00a7 Outflow of dollars from the United States to foreigners 29. The law of demand states that quantity demanded of a good is inversely related to the price of that good. Therefore, as the price of a good goes: u00a7 Up, the quantity demanded goes down. u00a7 Down, the quantity demanded stays the same. u00a7 Up, the quantity demanded also goes up. u00a7 Down, the quantity demanded goes down. 30. According to Keynes, market economies: u00a7 Never experience significant declines in aggregate demand. u00a7 Are constantly experiencing significant declines in aggregate demand. u00a7 May recover slowly after they experience a significant decline in aggregate demand. u00a7 Quickly recover after they experience a significant decline in aggregate demand. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Final Exam Guide (New 2017) For more course tutorials visit www.newtonhelp.com 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. Marthau2019s 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? 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. The economy will move from point D to point A in the short run and then to point C in the long run. The economy will move from point D to point C in the long run. 3 Suppose an economy is in long-run equilibrium. An increase in consumption expenditure will: a) shift the short-run aggregate supply curve rightward and increase both the price level and real output in the long run. b) decrease both the price level and real gross domestic product in the long run. c) increase the price level in the long run but have no effect on real gross domestic product. d) shift the aggregate demand curve rightward and increase the real output in the long run. 4 In the long run, a higher saving rate: always leads to a higher level of productivity because of increasing returns to scale. does not lead to a higher level of income because of deterioration in labor productivity. always leads to a higher growth rate of output because of improvement in the stock of human capital. does not always lead to a higher growth rate of output because of diminishing returns to capital. 5. Suppose the net foreign investment in Italy is positive. This implies that: Italians are buying more foreign assets than foreigners are buying Italian assets. foreigners are buying relatively more Italian assets. Italy is experiencing a net capital inflow. foreign direct investment in Italy is higher than foreign portfolio investment in the country. 5) Suppose the net foreign investment in Italy is positive. This implies that: Italians are buying more foreign assets than foreigners are buying Italian assets. foreigners are buying relatively more Italian assets. Italy is experiencing a net capital inflow. foreign direct investment in Italy is higher than foreign portfolio investment in the country. 6) The circular-flow diagram shows that: firms receive wages and profits from households in the products market. households sell the factors of production to firms in the inputs market. households supply resources to firms in the products market. firms supply labor and other resources to the government in the factor market. 7) The table given below shows the total amount of spending in the country of Mesodonia. Mesodoniau2019s gross domestic product is: 8 The country of Merilya exported goods and services worth $1.2 million and imported goods and services worth $2.7 million. The net exports of the country was _____. 9 Suppose the Fed purchases government bonds through open-market operations. All other things remaining equal, this is likely to: decrease the price level and increase the real wealth of consumers. decrease the price level and make domestic goods less expensive relative to foreign goods. increase the price level and eventually decrease the interest rate and investment spending. increase the price level and eventually decrease the demand for money as well as goods and services. 10 A rise in the price of bacon from $14 per pound to $16 per pound will reduce the purchasing power of the dollar by: 0.55 pounds of bacons. 0.06 pounds of bacon. 5 pounds of bacon. 2 pounds of bacon. 11. A difference between commodity money and fiat money is that: fiat money cannot be used as a unit of account. commodity money is used in a barter economy. fiat money does not have any intrinsic value. commodity money cannot be used as a unit of account. 12 Suppose the net capital outflow from Zenovia is negative. This implies that: the real interest rate in Zenovia is high. the real interest rate in foreign countries is higher than in Zenovia. foreigners are not interested in buying assets in Zenovia. the citizens of Zenovia are investing more in foreign assets than foreigners are investing in assets in Zenovia. 13 There is an increase in human capital when _____. Shiroh persuades the management of her company to offer more perks to employees Sue rents a laser printer to teach her employees how to fix it Samantha receives training in quality management after joining a new firm Susie puts in more than 8 hours of work at her workplace every day 14 After retirement, Molly deposits $500,000 in a local bank in Merrina. At an interest rate of 4 percent, she will receive approximately _____ after 3 years. 15 Ruth wants to calculate the present value of a sum of money that she will receive after the demise of her grandparents. To calculate the present value, she should use the: expenditure method. discounting method. value-added method. compounding method. 16 The buyers and sellers in the country of Perylia use corn as a medium of exchange. This means that: Perylia uses commodity money. corn cannot be used as a store of value or as a unit of account in Perylia. Perylia uses fiat money. corn can be used as a store of value but not as a unit of account in Perylia. 17 Scarcity occurs because of: the excess of quantity supplied over quantity demanded. overutilization of labor. limited human needs and wants. the limited supply of resources. 18 The Phillips curve shows: the negative relationship between inflation and unemployment. the positive relationship between the interest rate and the supply of money. the positive relationship between the price level and aggregate supply. the negative relationship between the interest rate and the demand for money. 19 Ephlon Inc., an Italian bike manufacturer, opens a factory in the United States. This is an example of: the accumulation of human capital. the catch-up effect. a foreign direct investment. a foreign portfolio investment. 20 Jack is an out-of-work sculptor. He has been looking for a job for the last two years. Unable to find any, he has given up his job search. Which of the following is true in this case? This is an example of frictional unemployment. This is an example of structural unemployment. He is a part of the unemployed labor force. He is a discouraged worker and will not be included in the calculation of the unemployment rate. 21 Suppose the central bank of a country undertakes an expansionary monetary policy. Which of the following is most likely to be the effect of such a policy, all other things remaining unchanged? An increase in the price level that reduces the real value of householdsu2019 money holdings and stimulates consumer spending An increase in the price level that stimulates spending on net exports and increases the demand for money A decrease in the price level that reduces the amount of money that people want to hold and decreases the interest rate. A decrease in the price level that reduces the interest rate and lowers the real value of the domestic currency foreign-exchange market. 22 Following the unexpected good performance of Leathex, all its employees were given a one-time bonus. This consequently led to a rightward shift of the demand curve for shoes manufactured by the company and a leftward shift of the demand curve for socks. This shows that shoes are: inferior goods. substitutes. normal goods. complementary goods. 23 23 A higher interest rate in a country:u2022 encourages citizens to buy foreign assets. makes domestic bonds less attractive to foreigners. lowers saving in the country and decreases the quantity of loanable funds supplied.u2022 discourages investment and decreases the quantity of loanable funds demanded. 24 If the price level in an economy is 120 and the equilibrium price level is 100, _____.u2022 people will want to hold more money than is supplied by the central banku2022 the demand for money curve will shift to the left the purchasing power of money will increase the supply of money is likely to exceed the demand for money 25 25 A recent survey showed the health benefits of cranberry juice for treating heart and other respiratory disorders. The exhibit below shows that the initial demand curve for cranberry juice is D1. Which of the following is likely to be a consequence of the publication of the survey? The demand curve will shift from D1 to D3. There will be a movement from point A to point C on D1. The demand curve will shift from D1 to D2. There will be a movement from point A to point B on D1. 26 Keynesian economists believe that when an economy is in a recession, the government should:u2022 decrease tax rates rather than increase government spending because households always view such tax cuts as permanent and increase their current consumption. increase its purchases rather than decrease taxes because households save a part of the increase in their income as a result of tax cuts. increase the money supply in the economy so that interest rates decline, reducing the cost of borrowing to finance new investment projects. u2022 increase the money supply in the economy so that an excess supply of money can induce households to increase their consumption expenditure. 27 The Marions purchased a Persian rug worth $5,000 from an Iranian textile mill. Everything else remaining unchanged, this will: decrease the consumption expenditure in the domestic country by $5,000. decrease the net imports of the domestic country by $5,000. reduce the net exports of the domestic country by $5,000. increase the gross domestic product of the domestic country by $5,000. 28 As more capital is used in the production process, the amount of other inputs being fixed, the production function becomes: u2022 flat because the extra output produced from an additional unit of capital decreases. steep because the extra output produced from an additional unit of capital decreases. steep because the extra output produced from an additional unit of capital increases. flat because the extra output produced from an additional unit of capital increases. 29 The natural rate of unemployment in a country is 4 percent. This implies that:u2022 the country has an unemployment rate of 4 percent in the short run.u2022 the country has a 4 percent unemployment rate when the labor market is in equilibrium. u2022 4 percent of the labor force is unemployed at any given point of time. the unemployment rate is constant at 4 percent over time. 30 Which of the following is true according to the circular-flow diagram? u2022 Firms receive wages, rent, and profit from the government. Firms receive income from households. Households receive revenue from the government. Households receive wages, rent, and profit from firms.c --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Assignment Ten Principles of Economics and the Data of Macroeconomics (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers Your organizationu2019s 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. How the economy coordinates societyu2019s independent economic actors A countryu2019s gross domestic product (GDP) and how it is defined and calculated How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Discussion Question 1 For more course tutorials visit www.newtonhelp.com What is the difference between real and nominal GDP? Does GDP accurately reflect our nationu2019s well being? Explain.nt. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Discussion Question 2 For more course tutorials visit www.newtonhelp.com 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? --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Individual Assignment Economic Definitions Worksheet (New) For more course tutorials visit www.newtonhelp.com Complete the Macroeconomic Terms Worksheet. Click the Assignment Files tab to submit your assignment --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Individual Assignment Macroeconomic Terms For more course tutorials visit www.newtonhelp.com Complete the Macroeconomic Terms. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Knowledge Check For more course tutorials visit www.newtonhelp.com 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 6.Economics is the study of how 7.Given that diesel cars get much better gas mileage than the typical car, an increase in the price of gasoline would be expected to --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 1 Worksheet For more course tutorials visit www.newtonhelp.com ECO 372 Week 1 Worksheet Complete the Worksheet. Click the Assignment Files tab to submit your assignment. Week 1 Worksheet 1.tUse the information in the table below to calculate Net Exports (NX) and gross domestic product (GDP), in billions of dollars. Consumption Spending. . . . . .. . . . . . . . . . $12,000 billion Gross Investment Spending . . . . . . . . . . . . $3,100 billion Government Purchases. . . . . . . . . . . . . . . $3,400 billion Exports . . . . . . . . . . . . . . . . . . . . . . $2,200 billion Imports . . . . . . . . . . . . . . . . . . . . . . $2,700 billion 1.tNet Exports = $ 1.tIs this economy experiencing a trade surplus or a trade deficit? 1.tc) Gross Domestic Product (GDP) = $ a) Give an example of an activity that is not included in GDP estimates (a non-market activity or an activity in the underground economy): 1.tb) Is GDP designed to measure happiness? Discuss. 3.tSuppose nominal GDP is equal to $16,000 billion and the GDP Deflator is equal to 125; calculate real GDP, in billions of dollars. Real GDP = $ --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 2 Assignment The Real Economy in the Long Run (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers Select your organization and a product produced by that organization from IndustryWeek. The organizationu2019s 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 teamu2019s 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 data: The factors that determine the countryu2019s productivity How the countryu2019s policies influence its productivity growth How the countryu2019s financial system is related to key macroeconomic variables How your organization can reduce the risk they would face in relocating The current and projected unemployment over the next five years Cite a minimum of 3 peer-reviewed sources not including your textbook. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 2 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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. ECO 372 Week 2 Group Discussion Question For more course tutorials visit www.newtonhelp.com 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? --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 2 Individual Assignment Product Purchases and the Economy For more course tutorials visit www.newtonhelp.com 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: u2022 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.). u2022 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? u2022 What was the impact on the supply of the product and the impact on the demand for the product? u2022 Explain the impact on the price of the product and your decision on whether or not to buy the product. u2022 Include responses to the following: o How might you apply what you learned about supply and demand to your work place or your understanding of the product you are considering purchasing? o How do the concepts of macroeconomics help you understand the factors that affect shifts in supply and demand on the price of the product? Cite a minimum of three peer-reviewed sources not including your textbook. Click the Assignment Files tab to submit your assignment. ECO 372 Week 2 knowledge Check For more course tutorials visit www.newtonhelp.com 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 5.In 2009, the personal savings rate rose. If the additional savings were not translated into investment, Keynes would predict that aggregate income would 6.According to the Keynesian model, 7.The study of economic growth focuses on the factors that cause an --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 2 Principles of Economics and the Data of Macroeconomics (2 Papers) For more course tutorials visit www.newtonhelp.com 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: u2022 How economists are both scientists and policymakers and what principles society uses to allocate its scarce resources u2022 Using the circular flow model, explain the flow of money and goods in an economy. u2022 How the economy coordinates society's independent economic actors u2022 A country's gross domestic product (GDP) and how it is defined and calculated u2022 How the consumer price index (CPI) is constructed and why it is an imperfect measurement of the cost of living Format consistent with APA guidelines. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 2 Worksheet For more course tutorials visit www.newtonhelp.com ECO 372 Week 2 Worksheet Complete the Worksheet. Click the Assignment Files tab to submit your assignment. Week 2 Worksheet 1.tWhat are discouraged workers? Are there likely to be more discouraged workers when the economy is booming or when the economy is in recession? 2.tEven 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 economyu2019s natural or full-employment rate of unemployment? Be specific. 3.tUse 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. Unemployed Employed Year 1 9.6 million 150.4 million Year 2 12.4 million 142.6 million Year 1 Labor Force = unemployment rate = Year 2 Labor Force = unemployment rate = --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 3 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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? --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 3 Group Discussion Question For more course tutorials visit www.newtonhelp.com What are the uses of money?Describe how rapid inflation can undermine moneyu2019s 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. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 3 knowledge Check For more course tutorials visit www.newtonhelp.com 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 6.The process of money multiplier depends on 7.Quantitative easing refers to 8.If the Fed wants an easier monetary policy, it might 9.When the Fed raised the interest rates between 2004 and 2007, the Federal Reserve ECO 372 Week 3 Team Assignment Fiscal Policy Paper For more course tutorials visit www.newtonhelp.com Select an organization with which the team is familiar. Write a 1,400- to 1,750-word paper in which you include the following: u2022 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. u2022 Describe the impact of these fiscal policies on the U.S. economy u2022 Describe the impact of these fiscal policies on your team's selected organization. u2022 Have other macroeconomic events impacted the economy and/or your selected organization? If so, explain. u2022 What are expectations regarding the strength of the economy in the next 2 years? u2022 Make recommendations for your organization regarding how to best compete in the expected economy. Include a minimum of 3 peer reviewed sources not including your textbook. Click the Assignment Files tab to submit your assignment. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 3 Team Assignment Money and the Prices in the Long Run and Open Economies (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers 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: u2022 Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years. u2022 Discuss how government policies can influence economic growth. u2022 Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables. u2022 Describe how trade deficits or surpluses can influence the growth of productivity and GDP. u2022 Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan. u2022 Recommend, based on your above findings, whether the strategic plan can be achieved and provide support. Use a minimum of 3 peer-reviewed sources from the University Library. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment ---------------------------------------------------------------------------------------------------------------------------------. ECO 372 Week 3 Team Assignment Money and the Prices in the Long Run and Open Economies PRESENTATION For more course tutorials visit www.newtonhelp.com 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 Microsoftu00ae PowerPointu00ae presentation for economic outlook forecast that includes the following: u2022 Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years. u2022 Discuss how government policies can influence economic growth. u2022 Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables. u2022 Describe how trade deficits or surpluses can influence the growth of productivity and GDP. u2022 Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan. u2022 Recommend, based on your above findings, whether the strategic plan you talked about in your week 2 presentation can be achieved and provide support. Make use of Speaker Notes for explanations. Use a minimum of three peer-reviewed sources from the University Library. Format your presentation consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 3 Team Paper For more course tutorials visit www.newtonhelp.com 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 Leaderu2019s 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: 1.tProvide some historical information about when and why the U.S. Federal Reserve was created. 2.tDescribe the structure of the Federal Reserve System, including the Board of Governors, the Federal Open Market Committee, and the 12 District Banks. 3.tWhy are the 12 Federal Reserve District Banks referred to as bankersu2019 banks (what functions do these banks perform)? 4.tExplain 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. 5.tExplain 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 team memberu2019s contributions. Include properly-formatted citations on the last page. Post the final draft to be approved by each team member. Click the Assignment Files tab to submit your teamu2019s paper. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 3 Worksheet For more course tutorials visit www.newtonhelp.com ECO 372 Week 3 Worksheet Complete the Worksheet. Click the Assignment Files tab to submit your assignment. Week 3 Worksheet 1.tList and briefly describe the functions of money. 2.tWhat are the main components of M1 and M2? 3.tWhat is the value of the deposit multiplier if the required reserve ratio is 20 percent? 4.tDefine the discount rate and the federal funds rate. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 4 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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? --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 4 Group Discussion Question For more course tutorials visit www.newtonhelp.com Define trade surplus and trade deficit? How do trade deficits and surpluses affect exchange rate and the industry in which you work? --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 4 Individual Assignment International Economics Paper For more course tutorials visit www.newtonhelp.com 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: u2022 What does the president and congress do to stimulate the economy? What does the president and congress do to contract the economy? u2022 What does the Federal Reserve do to stimulate the economy? What does the Federal Reserve do to contract the economy? u2022 What motivates policymakers to stimulate the economy or contract the economy? u2022 Based on your research, what does the Federal Reserve say about its policy goals? u2022 What does the Federal Reserve say about the strength of the economy? u2022 How does the strength of other economies outside of the U.S. affect your organization? u2022 Based on your research, recommend changes in your organization's competitive strategies or supply chain. Use a minimum of 3 peer reviewed sources not including your textbook. Click the Assignment Files tab to submit your assignment. --------------------------------------------------------------------------------------------------------------------------------- ECO 372 Week 4 Team Assignment Short-Run Economic Fluctuations (2 PPT) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Presentations Select an organization your team is familiar with or an organization where a team member currently works. Create a 15- to 20-slide Microsoftu00ae PowerPointu00ae presentation that will be presented to the organization's Executive Committee. The presentation should cover the following items: u2022 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. u2022 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. u2022 Explain how monetary policy affects interest rates and aggregate demand. u2022 Analyze how fiscal policy affects interest rates and aggregate demand. u2022 Evaluate why policymakers face a short-run trade-off between inflation and unemployment. u2022 Evaluate why the inflation-unemployment trade-off disappears in the long run. Cite a minimum of 3 peer-reviewed sources not including your textbook. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.gnment. ------------------------------------------ ECO 372 Week 4 Team Reflection Supply Chain and Demand Model For more course tutorials visit www.newtonhelp.com 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. ------------------------------------------ ECO 372 Week 5 knowledge Check For more course tutorials visit www.newtonhelp.com 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 5.If a country wants to prevent its exchange rate from falling, it could 6.All other things being equal, an increase in trade restrictions on imports will ------------------------------------------ ECO 372 Week 5 Team Assignment Deficit and Debt Presentation For more course tutorials visit www.newtonhelp.com Create a 15- to 18-slide PowerPointu00ae presentation including detailed speaker notes in which you include the following: u2022 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. u2022 Describe the impact of these monetary policies on the U.S. economy u2022 Describe the impact of these monetary policies on your team's selected organization. u2022 Have events in the economies of other countries impacted the U.S. economy? If so, explain. u2022 What are expectations regarding the strength of the U.S. economy in the next 2 years? u2022 How do changes in the value of the U.S. dollar impact your selected organization? u2022 Make recommendations for your organization regarding how to best compete in the expected global economy. Include a minimum of 3 peer reviewed sources not including your text. Click the Assignment Files tab to submit your assignment. ------------------------------------------------------------- ECO 372 Week 5 Team Assignment Major Debates over Macroeconomic Policy (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers Select two subjects from the following list of topics and write a 1,050-word analysis: u2022 Active monetary and fiscal policy u2022 Increased government spending to fight recessions u2022 Reducing federal government's discretionary powers u2022 Zero-inflation target u2022 Balanced government budget u2022 Tax incentives for saving Evaluate both the advocates' position and the critics' position. Determine which position you support and defend your position. Cite a minimum of 3 peer-reviewed sources not including your textbook. Format consistent with APA guidelines. Click the Assignment Files tab to submit your assignment. ---------------------------------------------------------------------------------------------------------------------------------

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ECO 372 Motivated Minds /newtonhelp.com

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ECO 372 Motivated Minds/newtonhelp.com
ECO 372 All Assignments (2 Set) For more course tutorials visit www.newtonhelp.com 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 Final Exam (New) For more course tutorials visit www.newtonhelp.com 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?
ECO 372 Final Exam (New) For more course tutorials visit www.newtonhelp.com 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?
ECO 372 Week 1 Assignment Ten Principles of Economics and the Data of Macroeconomics (2 Papers) For more course tutorials visit www.newtonhelp.com 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
ECO 372 Week 1 Discussion Question 1 For more course tutorials visit www.newtonhelp.com What is the difference between real and nominal GDP? Does GDP accurately reflect our nation’s well being? Explain.nt.
ECO 372 Week 1 Discussion Question 2 For more course tutorials visit www.newtonhelp.com 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?
ECO 365 Week 1 Individual Assignment Economic Analysis For more course tutorials visit www.newtonhelp.com Prepare a 1,000-1,500 word paper in which you explain what the difference is between a movement along and shift of the demand curve. Show the impact on the equilibrium price and quantity that results from; (1)
ECO 372 Week 1 Individual Assignment Economic Definitions Worksheet (New) For more course tutorials visit www.newtonhelp.com Complete the Macroeconomic Terms Worksheet. Click the Assignment Files tab to submit your assignment
ECO 372 Week 1 Individual Assignment Macroeconomic Terms For more course tutorials visit www.newtonhelp.com Complete the Macroeconomic Terms.
ECO 372 Week 1 Knowledge Check For more course tutorials visit www.newtonhelp.com 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)?
ECO 372 Week 1 Worksheet For more course tutorials visit www.newtonhelp.com ECO 372 Week 1 Worksheet Complete the Worksheet. Click the Assignment Files tab to submit your assignment. .
ECO 365 Week 2 Discussion Question 2 For more course tutorials visit www.newtonhelp.com Why is the demand of labor a derived demand? What is
ECO 372 Week 2 Assignment The Real Economy in the Long Run (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers Select your organization and a product produced by that organization from IndustryWeek. The organization’s strategic plan calls for an aggressive growth plan,
ECO 372 Week 2 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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
ECO 372 Week 2 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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
ECO 372 Week 2 Individual Assignment Product Purchases and the Economy For more course tutorials visit www.newtonhelp.com 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.
ECO 372 Week 2 knowledge Check For more course tutorials visit www.newtonhelp.com 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 .
ECO 372 Week 2 Principles of Economics and the Data of Macroeconomics (2 Papers) For more course tutorials visit www.newtonhelp.com 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.
ECO 365 Week 3 Discussion Question 1 For more course tutorials visit www.newtonhelp.com What conditions exist when economic profits are maximized? What is the difference between economic and accounting profits? What are economic profit-maximizing strategies that may be made by a perfectly
ECO 365 Week 3 Discussion Question 2 For more course tutorials visit www.newtonhelp.com What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? How do market prices differ between perfectly and imperfectly competitive markets? Will a monopoly always
ECO 365 Week 3 Discussion Question 2 For more course tutorials visit www.newtonhelp.com What are some real-life examples of monopolistically competitive, oligopoly, and monopoly markets? How do market prices differ between perfectly and imperfectly competitive markets? Will a monopoly always
ECO 372 Week 2 Worksheet For more course tutorials visit www.newtonhelp.com ECO 372 Week 2 Worksheet Complete the Worksheet. Click the Assignment Files tab to submit your assignment. Week 2 Worksheet
ECO 372 Week 3 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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?
ECO 372 Week 3 Group Discussion Question For more course tutorials visit www.newtonhelp.com What are the uses of money?Describe how rapid inflation can undermine money’s 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.
ECO 372 Week 3 knowledge Check For more course tutorials visit www.newtonhelp.com 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 t
ECO 372 Week 3 Team Assignment Fiscal Policy Paper For more course tutorials visit www.newtonhelp.com Select an organization with which the team is familiar. Write a 1,400- to 1,750-word paper in which you include the following:
ECO 372 Week 3 Team Assignment Money and the Prices in the Long Run and Open Economies (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers 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.
ECO 372 Week 3 Team Paper For more course tutorials visit www.newtonhelp.com 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
ECO 372 Week 3 Worksheet For more course tutorials visit www.newtonhelp.com 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. an understanding of what money is,
ECO 372 Week 4 Discussion Question 1 For more course tutorials visit www.newtonhelp.com 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?
ECO 372 Week 4 Group Discussion Question For more course tutorials visit www.newtonhelp.com Define trade surplus and trade deficit? How do trade deficits and surpluses affect exchange rate and the industry in which you work?
ECO 372 Week 4 Group Discussion Question For more course tutorials visit www.newtonhelp.com Define trade surplus and trade deficit? How do trade deficits and surpluses affect exchange rate and the industry in which you work?
ECO 372 Week 4 Team Reflection Supply Chain and Demand Model For more course tutorials visit www.newtonhelp.com 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. .
ECO 372 Week 5 knowledge Check For more course tutorials visit www.newtonhelp.com 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 balan
ECO 372 Week 5 Team Assignment Deficit and Debt Presentation For more course tutorials visit www.newtonhelp.com Create a 15- to 18-slide PowerPoint® presentation including detailed speaker notes in which you include the following:
ECO 372 Week 5 Team Assignment Major Debates over Macroeconomic Policy (2 Papers) For more course tutorials visit www.newtonhelp.com This Tutorial contains 2 Papers Select two subjects from the following list of topics and write a 1,050-word analysis: · Active monetary and fiscal policy
ECO 372 Motivated Minds/newtonhelp.com

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