ECO 372 UOP Courses/Uophelp

ECO 372 UOP Courses/Uophelp

ECO 372 Final Exam Guide

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1) The largest source of household income in the U.S. is obtained from



2) The market where business sell goods and services to households and the government is called the



3) Real gross domestic product is best defined as


4) Underemployment includes people

A. who work "off-the-books" to avoid tax liabilities B. who are working part time, or not using all their skills at a full-time

job

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ECO 372 Week 1 Individual Assignment Term Definition Paper

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Prepare a 700- to 1,050-word paper in which you define the following terms:

• Gross domestic product (GDP)
• Real GDP
• Unemployment rate
• Inflation rate
• Interest rate

Explain how the circular flow diagram illustrates the interaction of households, government, and business. Also, describe how current economic conditions affect your organization or one with which you are familiar. Identify the

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ECO 372 Week 2 Discussion Question 1

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How do Classical and Keynesian economists differ in their view of the aggregate supply curve?How does this influence what Classical and Keynesian economists believe about fiscal policy?
Do you think the current President and Congress were taking Classical approach in their fiscal policies? Explain your answer.

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ECO 372 Week 2 Team Assignment Industry Overview Paper

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Prepare a 1,400-1,750-word paper based on your selected industry. Include in your paper a brief history of the industry, an...

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