ECO 372 EDU Inspiring Minds/eco372edu.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)

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

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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

§ Full unemployment

§ Cyclical unemployment

2. Globalization that allows governments to pursue expansionary policies can be dangerous because it can lead to:

§ A reduction in the debt ceiling

§ Goods price inflation

§ Asset price inflation

§ Goods price deflation

3. Macroeconomics is:

§ The study of aggregate economic relationships.

§ An analysis of economic reality that proceeds from the parts to the whole.

§ The study of pricing policies of firms and the purchasing decisions of households.

§ 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?

§ Frictional unemployment

§ Cyclical unemployment

§ Structural unemployment

§ Natural unemployment

5. If banks hold excess reserves whereas before they did not, the money multiplier:

§ Will become smaller

§ Will become larger

§ Might increase or might decrease

§ Will be unaffected

6. Using the expenditure approach, gross domestic product equals:

§ The sum of consumption, investment, government purchases, and net exports

§ Gross national product minus net exports

§ The sum of consumption, investment, and government purchases

§ Gross national product

7. How do investment in technology and investment in capital differ?

§ They have similar effects on output so they have no important differences from an economic point of view.

§ 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.

§ They have different effects on output because of the positive externalities associated with investments in capital.

§ 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:

§ Real asset.

§ Financial liability.

§ Financial asset.

§ Real liability.

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ECO 372 Week 1 Assignment Ten Principles of Economics and the Data of Macroeconomics (2 Papers)

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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 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 society’s independent economic actors

· A country’s 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.

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ECO 372 Week 1 Discussion Question 1 (Uop)

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What is the difference between real and nominal GDP? Does GDP accurately reflect our nation’s well being? Explain.

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ECO 372 Week 1 Discussion Question 2 (Uop)

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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?

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ECO 372 Week 1 Individual Assignment Economic Definitions Worksheet (New)

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Complete the Macroeconomic Terms Worksheet.

Click the Assignment Files tab to submit your assignment.

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ECO 372 Week 1 Individual Assignment Macroeconomic Terms

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Complete the Macroeconomic Terms.

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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

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

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ECO 372 Week 2 Assignment The Real Economy in the Long Run (2 Papers)

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This Tutorial contains 2 Papers

Select on an organization and a product line or specific product from the Fortune 500 [Use the University Library to locate this list] in one of the following industries: Transportation, Manufacturing, or Housing.

The organization’s 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 team’s task to determine where, outside the United States, your organization should locate its new manufacturing plant.

Develop a 10–15 slide PPT that recommends an off-shore country and support your choice with the following data:

• The factors that determine the country’s productivity

• How the country’s policies influence its productivity growth

• How the country’s 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.

SupportingMaterial:Grading Guide

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ECO 372 Week 2 Discussion Question (Uop)

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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?

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ECO 372 Week 2 Discussion Question 1 (Uop)

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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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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?

· Explain the impact on the price of the product and your decision on whether or not to buy the product.

· 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.

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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.

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

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ECO 372 Week 2 Principles of Economics and the Data of Macroeconomics (2 Papers)

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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 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 society’s independent economic actors

· A country’s 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.

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ECO 372 Week 3 Discussion Question 1 (Uop)

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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?

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ECO 372 Week 3 Knowledge Check

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1.If you expect interest rates to rise, you will want to be holding

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2.The interest rate is the price paid for the use of a

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3.Which of the following do policy makers tend to target when setting monetary policy?

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4.If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent, this policy would most likely

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5.If banks hold excess reserves whereas before they did not, the money multiplier

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6.The process of money multiplier depends on

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7.Quantitative easing refers to Bottom of Form

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8.If the Fed wants an easier monetary policy, it might

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9.When the Fed raised the interest rates between 2004 and 2007, the Federal Reserve

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ECO 372 Week 3 Team Assignment Fiscal Policy Paper

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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.

· Have other macroeconomic events impacted the economy and/or your selected organization? If so, explain.

· What are expectations regarding the strength of the economy in the next 2 years?

· 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.

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ECO 372 Week 3 Team Assignment Money and the Prices in the Long Run and Open Economies (2 Papers)

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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:

· 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.

· Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.

· Describe how trade deficits or surpluses can influence the growth of productivity and GDP.

· Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan.

· 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.

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ECO 372 Week 4 Individual Assignment International Economics Paper

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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?

· What motivates policymakers to stimulate the economy or contract the economy?

· Based on your research, what does the Federal Reserve say about its policy goals?

· What does the Federal Reserve say about the strength of the economy?

· How does the strength of other economies outside of the U.S. affect your organization?

· 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.

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ECO 372 Week 4 knowledge Check

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1.In the long-run framework, budget surpluses

2. The budget deficit or surplus is

3.Deficits and surpluses are best viewed as

4.Suppose the government increases spending by $30 billion and raises taxes at by $20 billion at the same time. Then,

5 Because automatic stabilizers lower transfer payments and raise tax receipts as an economy recovers from a recession, they

6.Most of the government budget is mandatory spending through programs like Medicare and Social Security, and much of the rest is politically difficult to alter. Because of this,

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ECO 372 Week 4 Team Assignment Short-Run Economic Fluctuations (2 PPT)

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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 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.

· Analyze how fiscal policy affects interest rates and aggregate demand.

· Evaluate why policymakers face a short-run trade-off between inflation and unemployment.

· 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.

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ECO 372 Week 4 Team Reflection Supply Chain and Demand Model

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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.

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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

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

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ECO 372 Week 5 Team Assignment Deficit and Debt Presentation

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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?

· How do changes in the value of the U.S. dollar impact your selected organization?

· 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.

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ECO 372 Week 5 Team Assignment Major Debates over Macroeconomic Policy (2 Papers)

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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

· Increased government spending to fight recessions

· Reducing federal government’s discretionary powers

· Zero-inflation target

· Balanced government budget

· 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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