ECO 203 ASH COURSE/UOPHELP

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ECO 203 Entire Course (Ash Course)

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ECO 203 Week 1 DQ 1 Economics Systems
ECO 203 Week 1 DQ 2 Role of Government
ECO 203 Week 1 Quiz
ECO 203 Week 2 DQ 1 The Current State of the Economy and Unemployment
ECO 203 Week 2 DQ 2 Who Benefits and Who Loses from Inflation ?
ECO 203 Week 2 Quiz
ECO 203 Week 3 DQ 1 Government Fiscal Policy
ECO 203 Week 3 DQ 2 Budget Deficits and the National Debt
ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit
ECO 203 Week 3 Quiz
ECO 203 Week 4 DQ 1 Federal Reserve Bank Policy during the 2007-2008 Recession
ECO 203 Week 4 DQ 2 The Effect of Bank Lending on the Economy
ECO 203 Week 4 Quiz
ECO 203 Week 5 DQ 1 Foreign Direct Investment
ECO 203 Week 5 DQ 2 Economies in Transition

ECO 203 Week 5 Final Paper Expansionary Economic Policy

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ECO 203 Week 1 Quiz (Ash Course)

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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

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ECO 203 Week 2 Quiz

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1. Question : The term “recession” refers to a

2. Question : Who is NOT a loser in inflation?

3. Question : The transfer of funds from savers to business investors takes place in the

4. Question : If taxes increase and the AS curve is upward sloping, then

5. Question : The turning points of the business cycle are called

6. Question : As an economy recovers from a trough in the business cycle,

7. Question : Short-term unemployment while searching for a new job is called

8. Question : Economists use the phrase "business cycle" when discussing

9. Question : In the circular flow model, how can households use their income?

10. Question : The curve that shows quantities of total real output that will be offered for sale at various price levels

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ECO 203 Week 3 Assignment Efforts to Reduce the Budget Deficit

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Efforts to Reduce the Budget Deficit

The rapid growth of the national debt alarmed some politicians and created pressure for restricting Congress's unlimited ability to spend. After reviewing Chapter 10, Section 10.2: Efforts to Reduce the Deficit, write a 2-3 page paper, formatted according to APA style as outlined in your approved style guide, discussing the actions taken by the Congress since 1985 to reduce the budget deficits.

Include some authoritative sources on the current debate between the White House and Congress on what measures are necessary to address spending and revenues, i.e. news reports, official statements, press conferences, as well as numerous government websites.

Suggested references:

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ECO 203 Week 3 Discussion Question 2 Budget Deficits and the National Debt (Ash Course)

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ECO 203 Week 3 Discussion Question 2

Budget Deficits and the National Debt

Between 2007 and 2011 the federal budget deficit grew from $160.7 billion to $1,299.6 billion, and the national debt grew from $8.9 trillion to $14.8 trillion. (Figure 10.1: The ratio of debt to GDP, 1977-2011.)Â

In your post, differentiate the budget deficit from the national debt. How do you think the increases in the budget deficits and the national debt will affect the economy in the future?

Reference: Chapter 10, section 10.1: Debt and Deficits, and section 10.4: Do Deficits Matter?

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