BU204 Unit 1 to 7 Complete Assignments

BU204 Unit 1 to 7 Complete Assignments

 Follow Below Link to Download Tutorial

https://homeworklance.com/downloads/bu204-unit-1-7-complete-assignments/

For More Information Visit Our Website ( https://homeworklance.com/ )

Email us At: [email protected] or [email protected]

BU204 Unit 1 Assignment
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 the ten principles of economics.
BU204 Unit 2 Assignment
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?
BU204 Unit 3 Assignment
Given the table below, graph the demand and supply curves for flashlights. Make certain to label
the equilibrium price and equilibrium quantity.
BU204 Unit 4 Assignment
1) U.S. real GDP is substantially higher today than it was 60 years ago. What does this tell us,
and what does it not tell us, about the well-being of U.S. residents? What are the limitations of
the GDP as a measure of economic well-being? Given the limitations, why is GDP usually
regarded as the best single measure of a society’s economic well-being?

 
BU204 Unit 5 Assignment

 

Select any developed country (such as U.S., England, Canada, Germany, etc.), AND select any
developing country (such as Angola, Bangladesh, Chad, Nigeria, etc.), then download the
resulting tables as Excel spreadsheets. Paste them into your answers. See the sample below for
the U.S. and Nigeria. (10 points)

 
BU204 Unit 6 Assignment

 

PART 1: Comparing Long-Run Economic Growth Rates of Countries
Use the library and databases to conduct research to identify the key factors that determine long
term economic growth. You can find the most up-to-date reports on the economic growth trends
of different countries under the World Bank website linked below.
PART 2: Loanable Funds Market
1. Examine each of the following scenarios in the market for loanable funds. Explain the impacts
on private savings, private investment spending, and the rate of interest under each of the
following events. Assume the economy is autarky (closed) and it does not have trade and capital
transactions (flows) with foreign countries.
a. Assume the government balances its budget and reduces the size of its deficit to zero. (Refer to
the graph below). What is its impact on private savings, private investment spending, and the rate
of interest?
BU204 Unit 7 Assignment

 

 

This section deals with increase money supply given two scenarios (see “a” and “b” below).
In Westlandia, the public holds 50% of money one (M1) in the form of currency, and the
required reserve ratio is 20%.
Estimate how much the money supply will increase in response to a new cash deposit of $500 by
completing the accompanying table