ECO 203 ECO203 ECO/203 ENTIRE COURSE HELP – ASHFORD UNIVERSITY

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ECO 203 ECO203 ECO/203 ENTIRE COURSE HELP – ASHFORD UNIVERSITY

This Tutorial contains 3 Set of Papers for each Assignment, 4 Set of Quiz for each Week (DQs—1 Set Only)

ECO 203 Week 1 DQ 1 Economics Systems

ECO 203 Week 1 DQ 2 Role of Government

ECO 203 Week 1 Quiz (4 Set)

ECO 203 Week 2 Journal Challenges to the American Labor Force

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 (4 Set)

ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit (3 Papers)

ECO 203 Week 3 Discussion Question 1 Government Fiscal Policy

ECO 203 Week 3 Discussion Question 2 Budget Deficits and the National Debt

ECO 203 Week 3 Quiz (4 Set)

ECO 203 Week 4 DQ 1 (Federal Reserve Bank Policy during the 2007-2008 Recession)

ECO 203 Week 4 DQ 1 (The Effect of Bank Lending on the Company)

ECO 203 Week 4 Journal (Reflection on Government Participation in the Economy)

ECO 203 Week 4 Quiz (4 Set)

ECO 203 Week 5 DQ 1 Foreign Direct Investment

ECO 203 Week 5 DQ 2 Economies In Transition

ECO 203 Week 5 Final Expansionary Economic Policy (3 Papers)

ECO 203 ECO203 ECO/203 ENTIRE COURSE HELP – ASHFORD UNIVERSITY

ECO 203 Week 1 DQ 1 Economics Systems

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.

ECO 203 ECO203 ECO/203 ENTIRE COURSE HELP – ASHFORD UNIVERSITY

ECO 203 Week 1 DQ 2 Role of Government

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.

Reference: Chapter 2: Markets, Governments, and Nations:  The Organization of Economic Activit

ECO 203 ECO203 ECO/203 ENTIRE COURSE HELP – ASHFORD UNIVERSITY

ECO 203 Week 1 Quiz (4 Set)

This Tutorial contains 4 Set of Week 1 Quiz (All Questions Listed Below)

ECO 203 Week 1 Quiz 1

1.         Question :        An economy that does NOT engage in international trade is

2.         Question :        In what kind of economy is a central planning board or commission typically used to answer the basic economic questions?

3.         Question :        All but which one of the following could shift the demand curve?

4.         Question :        The basis for a market solution to the basic economic questions is

5.         Question :        When economists say “consumers vote with their dollars,” they mean that

6.         Question :        In a market economy, what to produce is primarily decided by

7.         Question :        Capital consists of

8.         Question :        If an individual’s income increases, then the demand for a normal good will

9.         Question :        When the government allocates money to build highways, it is answering which basic economic question?

10.       Question :        Which of the following is NOT an economic function of the government?

ECO 203 week 1 Quiz 2

1.         Question :        An example of investment, as defined in economics, is

2.         Question :        What function of government promotes price stability and full employment?

3.         Question :        An economic system is said to be

4.         Question :        The measure of the cost of a particular good in terms of what is given up to produce that good is called

5.         Question :        In a market system, property rights are enforced by

6.         Question :        The basic economic problem is

7.         Question :        In a market economy, what to produce is primarily decided by

8.         Question :        Which of the following would be described as capital by an economist?

9.         Question :        A shift to the right (away from the origin) of a production possibilities curve is an illustration of

10.       Question :        In what kind of economy is a central planning board or commission typically used to answer the basic economic questions?

ECO 203 Week 1 Quiz 3

1.         Question :        Macroeconomics is the study of

2.         Question :        An economic system is said to be

3.         Question :        A shift to the right (away from the origin) of a production possibilities curve is an illustration of

4.         Question :        The self-interest assumption is made by economists because

5.         Question :        When price changes, there is an opposite change in the

6.         Question :        Demand relates the various amounts that consumers are willing to buy over a specified time period

7.         Question :        When price changes, one should expect a change in

8.         Question :        Self-interested behavior and incentives are

9.         Question :        Which of the following would be described as capital by an economist?

10.       Question :        When the government allocates money to build highways, it is answering which basic economic question?

ECO 203 Week 1 Quiz 4

1.         Question :       If an individual’s income increases, then the demand for a normal good will

 2.        Question :       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

 6.        Question :       Demand relates the various amounts that consumers are willing to buy over a specified time period

 7.        Question :       When the government redistributes income, it is answering a basic economic question. Which one?

 8.        Question :       Self-interested behavior and incentives are

 9.        Question :       Which of the following would be described as capital by an economist?

 10.         Question :           When price changes, there is an opposite change in the