AB204-02-Unit 4 Assignment Kaplan University March 28, 2017 Unit 4Assignment 2) What is an intermediate good? How does an intermediate good differ from a final good? Explain why it is the case that the value of intermediate goods produced and sold during the year is not included directly as part of GDP, but the value […]
AB204-02 Unit 5 Assignment Kaplan University April 4, 2017 Unit 5Assignment 1) Assume there is a simple economy where people consume only 2 goods, food and clothing. Further assume that the market basket of goods used to compute the CPI consists of 100 units of food and 20 units of clothing. Food Clothing 2004
AB 204 Unit 5: Topic 1: Discussion Post Hello Professor and Class,The different types of unemployment are cyclical, structural, and frictional. Cyclical unemployment is the deviation of unemployment from it’s natural rate. (Mankiw, 2015). Structural unemployment occurs when wages are set above the level that brings supply and demand into equilibrium. It occurs when the
AB 204 Unit 10: Debates in Macroeconomics – Discussion General Information: To be an effective learning tool the Discussion Board topics require your active discussion of the topic with at least two of your classmates. First post made during, or before, Saturday. Posts on at least 3 different days. Responses to at least two other
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AB 204 Unit 4: National Income Determination Unit 4: National Income Determination – Discussion General Information: To be an effective learning tool the Discussion Board topics require your active discussion of the topic with at least two of your classmates. First post made during, or before, Saturday. Posts on at least 3 different days. Responses
Unit 1Assignment This Assignment deals with the Ten Principles of Economics and their applications to different scenarios. Each scenario below practices one of the 10 principles of economics. Match the principles to the appropriate scenario listed and justify your answer. Each principle will only be used once. Refer to chapter one for the details on
name AB 204-02 Unit 2 Assignment Kaplan University March 13, 2017 Unit 2Assignment Explain the difference between absolute advantage and comparative advantage. Which is more important in determining trade between individuals or countries? Is it absolute advantage or comparative advantage? Why? “The producer that requires a smaller quantity of inputs to produce a good is
AB 204 Unit 2: Economic Models and Trade Basic Economic Models and Comparative Advantage Basic Economic Models and Comparative Advantage The Discussion topics include the difference between microeconomics and macroeconomics, the two basic economic models of the Circular-Flow Diagram and the Production Possibility Frontier, and comparative advantage, which is the main force behind interdependence in
AB 204-02 Unit 3 Assignment Kaplan University March 21, 2017 Unit 3Template Price Quantity DemandedPer Month Quantity SuppliedPer Month $5 6,000 10,000 $4 8,000 8,000 $3 10,000 6,000 $2 12,000 4,000 $1 14,000 2,000 2) Consider supply and demand for Maine lobsters indicated in the following tables to answers questions from a –d below. Suppose
AB 204 Unit 3: Supply and Demand and Market Intervention Supply, Demand, and Government Interventions in Markets The Discussion topics include the market forces of supply and demand, supply and demand model, supply and demand curves, government failure, market failure, and the impacts of government policy of price controls on the interactions of supply and
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