ECO 201 ECO201 ECO/201 ENTIRE COURSE HELP – ARGOSY UNIVERSITY

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ECO 201 ECO201 ECO/201 ENTIRE COURSE HELP – ARGOSY UNIVERSITY

ECO 201 Module 1 Assignment 3 Supply, Demand, & Government in the Markets

ECO 201 Module 2 Assignment 2 What is Gross Domestic Product

ECO 201 Module 3 Assignment 2 LASA 1 Inflation and Government Economic Policies

ECO 201 Module 4 Assignment 2

ECO 201 Module 5 Assignment 1 LASA 2 International Trade

ECO 201 ECO201 ECO/201 ENTIRE COURSE HELP – ARGOSY UNIVERSITY

ECO 201 Module 1 Assignment 3 Supply, Demand, & Government in the Markets

ECO 201 Module 1 Assignment 3 Supply, Demand, & Government in the Markets

ECO 201 ECO201 ECO/201 ENTIRE COURSE HELP – ARGOSY UNIVERSITY

ECO 201 Module 2 Assignment 2 What is Gross Domestic Product

Go to the following website:

www.bea.gov/index.htm

Based on the information contained on the website above, answer the following questions:

1. What was Real GDP for 2009?
   1. What does GDP tell us?
   2. How did GDP change from 2008?
   3. What caused these changes?
2. What was GNP for 2009?
1. What is the difference between GDP and GNP?
2. How did GNP change from 2008?
3. What caused these changes?
1. What does National Income tell us?
2. What is the difference between GNP and NI?
3. How did NI change from 2008?
4. What caused these changes?
1. What does Disposable Income consist of?
2. How did DI change from 2008?
3. What caused these changes?
4. What was National Income (NI) for 2009?
5. What was Disposable Income (DI) for 2009?
6. What was GDP in 2008 (sometimes called GSP) for your state?

ECO 201 ECO201 ECO/201 ENTIRE COURSE HELP – ARGOSY UNIVERSITY

ECO 201 Module 3 Assignment 2 LASA 1 Inflation and Government Economic Policies

Inflation is a measure of how prices have changed over time.  If prices are changing due to inflation, each dollar spent will buy less.

In order to answer the questions below, go to the following website:  http://www.bls.gov/cpi/

Questions:

1.  What is inflation? What are the causes of inflation?  Is inflation desirable and what can be done to control inflation in a market economy?
2. What is the Consumer Price Index (CPI)?  How has the CPI behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the CPI for this period and cite your source.
3. What is the Producer Price Index (PPI)?  How has the PPI behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the PPI for this period and cite your source.
4. What is the Consumer Expenditure Survey (CE)?  How has the Survey behaved since the year 2000?  What have been the causes of these changes? In your response, include a graph of the CE for this period and cite your source.
5. What do the measures above tell us about consumer behavior?  Have incomes changed enough to offset the inflation since 2000?  What can we predict about future inflation?

What are the implications of these measures for government economic policies?

ECO 201 ECO201 ECO/201 ENTIRE COURSE HELP – ARGOSY UNIVERSITY

ECO 201 Module 4 Assignment 2

Go to “FRB: Press Release—FOMC statement—December 16, 2009.”

1.  You should now find a press release from the Board of Governors of the Federal Reserve System, dated December 16, 2009, which discusses the decisions of the Federal Open Market Committee (FOMC) for that date.

This release also states that the Federal Reserve is in the process of purchasing $1.25 trillion of agency mortgage-backed securities and about $175 billion of agency debt. Additionally, the release states that the FOMC has decided to gradually reduce “the pace” of such Fed purchases. Discuss why you believe that the FOMC has made such a decision, and explain the consequences of such a decision on the economy.

In your answer, discuss the Federal Reserve’s use of open-market operations to influence the money supply and the respective consequences of such actions. Include a discussion of the money multiplier effect in your response. Justify your conclusions and provide appropriate examples.