ECO 372 UOP Course Tutorial / uop help

ECO 372 UOP Course Tutorial / uop help

ECO 372 Week 1 Discussion Question 1

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Why is economics considered a social science? What role does economics play in your personal and professional lives?
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ECO 372 Week 1 Discussion Question 2

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What is the difference between real and nominal GDP? Does GDP accurately reflect the nation’s welfare? Why or why not? How can a country’s GDP be manipulated? In your opinion, is the U.S. GDP being manipulated? Explain your answer.

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ECO 372 Week 2 Discussion Question 1

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Explain the viewpoints of classical and Keynesian economists. How did the economy that existed at the time of these theories influence them? Which theory is more appropriate for the economy today? Why?

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ECO 372 Week 3 Discussion Question 2

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What is the difference between contractionary and expansionary monetary policy? What is the intention of each policy under a depression, recession, or robust economy? Which type of monetary policy is more appropriate today and why?
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ECO 372 Week 4 Discussion Question 2.

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How does a government budget surplus affect the U.S. economy? Identify two periods in recent history in which the United States has run...

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