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Description QUESTION 1 Which of the following people was a classical economist and believed that the economy would regulate itself? Adam Smith John Quincy Adams Rutherford B. Hayes John Maynard Keynes 2 points   QUESTION 2 State governments use taxes to pay state employees. TRUE FALSE 2 points   QUESTION 3 Which of the following government actions has a direct impact on the protection of consumers? Consumers are required to pay taxes. The government increases spending on interstate road projects. The government prohibits the use of lead in paint. 2 points   QUESTION 4 Taxes do not help pay for which of the following: education highways law enforcement personal defense classes 2 points   QUESTION 5 A patent gives a person the ability to earn large amounts of money by selling the item for whatever price the government wants. TRUE FALSE 2 points   QUESTION 6 The portion of deposits that banks are required to keep on hand is called the Required Reserve Ratio (RRR). TRUE FALSE 2 points   QUESTION 7 Federal taxes vary from state to state. TRUE FALSE 2 points   QUESTION 8 There are laws that require taxes to be collected based on what you earn, what you own, and what you buy. TRUE FALSE 2 points   QUESTION 9 Social security was created during the Great Depression of the 1930s. TRUE FALSE 2 points   QUESTION 10 Can State governments use taxes to pay state employees? required by law covers spending on entitlement programs government can make decisions on how to spend the money none of these 2 points   QUESTION 11 Thomas Edison was: an economist. an entrepreneur. a former president. none of these 2 points   QUESTION 12 The United States has no government involvement in its economy. TRUE FALSE 2 points   QUESTION 13 Welfare programs help the economically needy. TRUE FALSE 2 points   QUESTION 14 The government funds research to expand technological capabilities, which positively affects the economy. TRUE FALSE 2 points   QUESTION 15 The American Free Enterprise System allows the government to protect producers. TRUE FALSE 2 points   QUESTION 16 Dams are an example of a public good. TRUE FALSE 2 points   QUESTION 17 The Duryea brothers invented: the assembly line. the microwave oven. the gasoline powered automobile. none of these 2 points   QUESTION 18 Which benefit of the American Free Enterprise System is best described in the statement "Individuals are free to invest in companies and products they feel will benefit them"? variety of goods economic freedom government protection none of the above 2 points   QUESTION 19 Local governments use taxes to hire police officers. TRUE FALSE 2 points   QUESTION 20 Taxes pay for the daily operations of the government. TRUE FALSE 2 points   QUESTION 21 Social Security gives money to those who are retired or disabled. TRUE FALSE 2 points   QUESTION 22 The first constitutional power granted to Congress is the power to tax. TRUE FALSE 2 points   QUESTION 23 Increases in government spending can help end a recession. TRUE FALSE 2 points   QUESTION 24 The government uses the tax income to provide assistance to the needy. TRUE FALSE 2 points   QUESTION 25 The Fed was established by Congress in 1913 to give people confidence in the nation's banking system. TRUE FALSE 2 points   QUESTION 26 Which principle of the American Free Enterprise System is described in the statement "It is in a company's best interest to produce more and better products than other companies who produce the same product."? competition profit motive private property voluntary exchange 2 points   QUESTION 27 Monetary Policies adjusts the amount of money in circulation. TRUE FALSE 2 points   QUESTION 28 The Federal Reserve tries to stabilize the economy by closely monitoring the amount of money in circulation. TRUE FALSE 2 points   QUESTION 29 An externality is an intangible effect of production and purchases. TRUE FALSE 2 points   QUESTION 30 The U.S. Constitution gives the power of taxation to the government. TRUE FALSE 2 points   QUESTION 31 Which benefit of the American Free Enterprise System is best described in the statement "Prices will rise and fall according to the competition and the prices consumers will pay for products"? variety of goods responsive prices economic freedom government protection 2 points   QUESTION 32 State governments use taxes to operate nature preserves. TRUE FALSE 2 points   QUESTION 33 The Office of Management and Budget (OMB) works with the President to develop an initial budget. TRUE FALSE 2 points   QUESTION 34 When a country's supply of money is high, interest rates will be lower. TRUE FALSE 2 points   QUESTION 35 Henry Ford invented which of the following? the diesel engine the assembly line the microwave oven none of these 2 points   QUESTION 36 Social Security is a form of mandatory spending. True False 2 points   QUESTION 37 The Federal Reserve is the "mother of all banks." TRUE FALSE 2 points   QUESTION 38 Contractionary fiscal policies are designed to: slow the economy. boost the economy. balance the economy. have no effect on the economy. 2 points   QUESTION 39 Expansionary fiscal policies are used to: slow the economy. balance the economy. increase economic output. have no effect on the economy. 2 points   QUESTION 40 A deficit is the amount of money that a government overspends (and owes). TRUE FALSE 2 points   QUESTION 41 Which of the following is a tool used by the Federal Reserve to implement monetary policy? adjusting the discount rate adjusting income tax returns buying and selling foreign stocks none of these 2 points   QUESTION 42 To protect the economic rights of its citizens, the US government tries to correct externalities. TRUE FALSE 2 points   QUESTION 43 When the government decreases taxes: the economy prospers. the economy slows down. consumers are not affected. none of these 2 points   QUESTION 44 Which of the following redistribution programs can significantly increase the level of output of a nation by improving the human capital and efficiency of the workforce? Medicaid Medicare Education Social Security 2 points   QUESTION 45 When there is a national debt, there is less confidence in the economy. TRUE FALSE 2 points   QUESTION 46 Which of the following is not an In-kind benefit? free food food stamps shares of stock low cost housing 2 points   QUESTION 47 The statement "American consumers are kept from purchasing products that could cause them serious injury or illness." Best represents which benefit of the American Free Enterprise System? variety of goods responsive prices economic freedom government protection 2 points   QUESTION 48 Local governments use taxes to fund local school districts. TRUE FALSE 2 points   QUESTION 49 Non-profit organizations are tax exempt. TRUE FALSE 2 points   QUESTION 50 John Maynard Keynes believed that the economy could be turned around by doing which of the following? increasing the minimum wage increasing government spending decreasing government spending passing higher taxes on businesses

Description Albert always consumes exactly two packets of butter on one piece of toast.  So, butter and toast are perfect complements.  Suppose that toast costs $0.10 per piece and butter costs $0.20 per packet.  Albert has only $12 to spend each month on toast and butter.  Calculate Albert’s optimal consumption bundle. 

Description Assignment: NADA Download the latest National Auto Dealers Association State of the Industry Report 2014 National Auto Dealers Association State of the Industry Report (https://www.nada.org/nadadata/).  Using the data on new vehicle sales by month, forecast demand for new vehicle sales for the first 3 months of the next year. Be sure to discuss your technique in forecasting demand, as well as the variables that you used to create your forecast. How accurate do you think your forecast will be, and what factors can improve its validity? Write up your report in a 500 to 750 word APA formatted paper (word count does not include title page, Certificate of Authorship, or references) and submit it to the dropbox. Include two academic resources as references

Description I have attached all necessary information for micro econ assignments. Here are the macro econ assignments: Web Assignment: Macroeconomics Module 3 Web Assignment Overview Complete the following Module 3 Web Assignment for this module by the stated due date on the Schedule. Please submit in the Module 3 Web Assignment Dropbox as a .doc, .docx, .pdf or .rtf file. Instructions The web-based assignment for this module will evaluate federal government spending and taxation. A quick way to keep up with the federal government's spending and taxation is by examining federal budget data at the White House Internet address. Visit the Office of Management and Budget. Scroll down and Click on Historical Tables in the middle column under The President’s Budget. Prepare a brief summary by performing the following items and answering those questions posed: Consider revenue Sources. Go to Table 2.2, "Percentage Composition of Receipts by Source." What are the main sources of revenues for the federal government? Before World War II, what was the key source of revenues of the federal government? What has been the key revenue sources since World War II? Consider Spending. Examine Table 3.1, “Outlays by Superfunction and Function.” In a paragraph or two, summarize recent and long-term trends in government spending for the following four functions: National Defense, Health, Income Security and Social Security. Explain your reasoning for why these trends have been occurring in these areas Select one other function from Table 3.1 besides those four considered in part 2a. Explain your chosen function, its importance in the economy and whether it has been capturing growing shares of government spending or has been declining in recent years and why you feel that is the case. Module 3: Term Paper Topic and Sources Overview Submit your paper topic and two sources by the stated due date on the Schedule. Please submit in the Module 3 Term Paper Topic Dropbox as a .doc, .docx, .pdf or .rtf file. Instructions Selecting and Approving your Topic: You may choose your own topic or you may choose from some of the following topics listed below.  Your topic simply needs to address any type of question or topic within economics that will allow you to include a minimum of three macroeconomic concepts learned in our course. You will want to formulate a thesis statement addressing the economic concepts you will focus on in your paper. Possible topics might include: Factors impacting economic growth Any current Monetary policy actions or issues Any current Fiscal policy actions or issues Current US Tax System Effects of a Flat Tax System Effects of a National Sales Tax The future of the workplace Unemployment trends Market failures and externalities Trade Agreements between countries – pros and cons The effect of the Euro on the European and US economies You will approve your Topic and at least two of your sources with your instructor. Module 4 Web Assignment Overview Complete the following Module 4 Web Assignment for this module by the stated due date on the Schedule. Please submit in the Module 4 Web Assignment Dropbox as a .doc, .docx, .pdf or .rtf file. Instructions In this Module 4 Web Assignment, you will be evaluating data on Money Stock Measures at FRED (Federal Reserve Economic Data). Complete the following items: First, in a paragraph or two, describe what components make up M1, M2 and MZM. Visit the Federal Reserve Bank of Saint Louis. Select the data series for the components listed below. Use the Monthly, Seasonally Adjusted data. Set your dates to look at the past 30 years, so you will use dates of 1985 to 2015. To more closely look at trends, feel free to look at it on a one year, five year or ten year basis rather than at all 30 years at once. M1 Money Stock Currency Total Checkable Deposits Demand Deposits at Commercial Banks Travelers Checks Outstanding Now, in two to three paragraphs, explain what patterns and trends you see in the data for each of these components. When did clear changes occur? Explain what you feel could have been occurring. Which changes could have occurred because of economic events? Were there times when people appeared to shift from one aggregate to another? Macroeconomic Term Paper Overview Complete the following Macroeconomic Term Paper by the stated due date on the Schedule. Please submit in the Module 4 Macroeconomic Term Paper Dropbox as a .doc, .docx, .pdf or .rtf file. Instructions Prepare a Three to Five page paper on an economic topic of your choice in which you will address a question or topic. Your chosen topic must allow you the opportunity to include a minimum of three macroeconomic concepts learned in the course.  Your paper may be an informative paper, informing the reader of the question and topic you have addressed, or an argumentative paper in which you support a certain process.  Requirements: A minimum of three and a maximum of five pages of content, not including your title page and Bibliography.  Include a title page with your name, title of the paper, the class, instructor and the date.  Number all of the pages except the title page in your paper.  Include a Bibliography with reference citations. Double-spaced with 1 inch margins and font size 11 or 12, no smaller and no larger. Include one graphic within the paper which must be a table, chart or graph addressing your topic.  Do not include pictures. Include your last name in the file name of the document and submit as a .doc, .docx, .rtf, or .pdf file. Selecting and Approving your Topic: You may choose your own topic or you may choose from some of the following topics listed below.  Your topic simply needs to address any type of question or topic within economics that will allow you to include a minimum of three macroeconomic concepts learned in our course. You will want to formulate a thesis statement addressing the economic concepts you will focus on in your paper. Possible topics might include: Factors impacting economic growth Any current Monetary policy actions or issues Any current Fiscal policy actions or issues Current US Tax System Effects of a Flat Tax System Effects of a National Sales Tax The future of the workplace Unemployment trends Market failures and externalities Trade Agreements between countries – pros and cons The effect of the Euro on the European and US economies You will approve your Topic and at least two of your sources with your instructor during Module 3. References and Citation: Please use a minimum of 3 creditable sources.  CCCOnline does have an online library, online librarian and online library resources available to you to help along with your own search process. You can find the Online Library under Helpful Links on the Course Home Page.  Do NOT use Wikipedia as one of your sources. Generally Wikipedia is considered to be an inferior source of information. This is because anyone can post to Wikipedia without the veracity of that information having been authenticated. There have been many postings to Wikipedia that have proved to be false. You may use MLA or APA formatting.  Please use the style guides provided at Purdue Owl to help you in the process of citing your references.  Purdue Owl Online Writing Lab Go to the MLA Style Guide or the APA Style Guide for help with citing any type of reference Remember that if you provide data, statistics or quotes or any information that is not your own original thought, you must cite your reference within the text.  Plagiarism is Illegal!  Any hint of complete plagiarism will result in a zero for the paper. Include a Bibliography page with your paper with all references properly cited. Additional Information: Citation Sources: Purdue Owl Online Writing Lab Citation Machine Module 5 Web Assignment Overview Complete the following Module 5 Web Assignment for this module by the stated due date on the Schedule. Please submit in the Module 5 Web Assignment Dropbox as a .doc, .docx, .pdf or .rtf file. Instructions For 196 nations, the United Nations Human Development Index ranks countries by GDP per capita and by "human development" based on health, education, income, and many other categories. In the alphabetical listings of all countries, locate two different countries and compare the data identified for each country. Use the data provided to explain why each country is ranked in the different categories. Below are instructions to help you complete this with ease. Your summary should be three to five paragraphs in length. Go to the United Nations Human Development Index. On the banner across the top, Click on the box, "Countries". This will show a listing of all countries alphabetically from A to Z. Identify two countries and report and compare the data on these two countries. If you locate a county that has "n/a" in many of the categories, then select a different country. Once you have selected your first country, then click on the box, "Expand All". There you will find data provided in all of these categories: Health, Education, Income, Inequality, Poverty, Gender, and Sustainability. To receive full credit, you should have some interpretation of why you feel the country might be ranked this way. Rubric for Web Assignment Criteria Highly Proficient Moderately Proficient Not Proficient Content 5 points Sufficient content provided to address the requirement of the assignment. 3 points Minimal content provided to address the requirement of the assignment. 0 points Content ineffective or missing to meet the requirements. Economic Application 5 points Applies at least two economic concepts to the web report that have been learned from the module being studied. 3 points Only one economic concept is applied to the web report that have been learned from the chapters within the module being studied. 0 points No economic concepts learned in the chapters studied during the module were applied. Formatting 5 points Three to four paragraphs in length. 3 points Two paragraphs in length. 0 points Only one paragraph included. Flow, Spelling and Grammar 5 points The web report has been edited for flow of sentences, spelling and grammar with little to no errors. 3 points Not edited adequately for flow of sentences, spelling and grammar errors. 0 points The web report fails to meet college-level grammar, spelling and format use. References 5 points References cited according to MLA or APA guidelines. 3 points References cited somewhat according to MLA or APA guidelines. 0 points No citations included. Overall Score Level 3 18 or more Level 2 9 or more Level 1 0 or more Rubric for Term Paper Criteria Highly Proficient Moderately Proficient Not Proficient Introduction 5 points Introductory paragraph that introduces the subject of the paper, indicating why it is important and previewing the key macroeconomic points in a clear thesis statement. 3 points Introductory paragraph included, but does not provide a clear thesis or main points of the paper. 0 points No introductory paragraph included. Content 35 points Substantial content included that has use of accurate economic concepts linking theory to the topic chosen and applying examples, 20 points Minimal content to summarize and explain the topic is included with moderate use of economic concepts and examples. 0 points Content for the body of the paper is ineffective or missing or fails to meet the requirements of economic concepts included. Conclusion 5 points Concluding paragraph included linking the findings to the main questions addressed in the introduction. 3 points Concluding paragraph included, but does not provide an adequate summary or is ineffective. 0 points No concluding paragraph included. Economic Analysis & Organization 15 points The paper is well organized and develops a coherent point of view on the topic chosen and analyzes the topic from an economic standpoint. 10 points The paper needs some structural revision so that each paragraph will develop a single point in a unified, coherent manner and/or economic analysis is moderately adequate. 5 points Paper is organized such that the ideas are incoherent and/or the topic is not analyzed from an economic standpoint. Graphics 5 points One appropriate graph, table or chart is included to verify information in the paper. 3 points One graph, table or chart included, but is inappropriate or does not verify information in the paper. 0 points No graphics included. References and Citations 15 points Expert sources with a minimum of 3 sources included are utilized to establish the content of the paper with excellent use of in-text citations as needed for quotes, statistics or facts provided or information that is directly from the reference.  Bibliography page is completed correctly according to MLA or APA standards. 11 points Less than the minimum number of expert sources are utilized with poor use of in-text citations as needed for quotes, statistics or facts provided or information that is directly from the reference.  Bibliography page is somewhat completed according to MLA or APA standards. 8 points None to few sources utilized.  Many in-text citations and/or Bibliography page entries are missing or seriously deviate from citation guidelines. Flow, Spelling, Grammar 10 points The paper has been edited for flow of sentences, spelling and grammar with little to no errors. 7 points The paper has not been edited adequately for flow of sentences, spelling and grammar errors. 3 points Paper fails to meet college-level grammar, spelling and format use. Overall Score Level 3 60 or more Level 2 17 or more Level 1 0 or more

Description Manning, Inc. is the leading manufacturer of garage doors.  Demand for residential garage door sales depends, of course, on the rate of new home building activity, which, in turn, depends on changes in income per capita.  During the past year, Manning sold 10,000 garage doors at an average price of $1,500 per door. In the upcoming year, disposable income per capita is expected to increase from $32,000 to $34,000.  Without any price change, Manning expects upcoming year sales to rise to 12,000 units. Given this information: Calculation: Calculate the arc income elasticity of demand. Arc Price: The company economist estimates that if the price of doors is increased by $100 per door, they could sell 11,500 doors. What is the arc price elasticity, and what would be the company's revenue? Prices: Should Manning raise the price even more? If so, to what amount? If not, why not?

Description Consider shopping for cucumbers in a farmers’ market. For each statement below, note which characteristic of competitive markets the statement describes. a. All of the farmers have their prices posted prominently in front of their stalls. Full information. Standardized good. Participants are price takers. No transaction costs.

Description You have just read about one of the great economists of all time, Adam Smith. In his famous publication The Wealth of Nations, Smith makes the following statement: "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."  In one well-developed paragraph, explain this statement from an economist’s perspective.  only your own words please

Description ba w4.docx

Description Question #1 Making Decisions Wexly is a large publicly owned corporation which you are the president. When making decisions, do you make them to maximize stockholders’ wealth or for your personal gains? What actions could stockholders take to make sure the interest of both parties is served? What can influence management’s actions? Question #2 Ratio Analysis Discuss the limitations of ratio analysis? All work must be 100% Original, To illustrate your knowledge, please take time to provide evidence that shows how you formulated your answers by citing sources to justify your response.

Description In doing so, what would be the primary obstacle to overcome in implementing such a policy?