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1. 1
ECO 372 Final Exam
Are you finding eco 372 final exam questions and answers, eco 372
week 5 final exam answers online? UOP Students supply various types
of eco 372 final exam questions with answers and answer keys, These
study material is very helpful for every uop students.
ECO 372 - Week 1
ECO 372 - Week 1 - DQ1
Description
ECO 372 - Week 1 - DQ1 (3 Responses)
DQ 1. Using the Bureau of Labor Statistics, the Federal Reserve Bank of St. Louis,
or other reputable source, select a key economic indicator that has not been
discussed by another student. Discuss how the indicator was created and its current
value. What does this key indicator say about the current economic condition?
ECO 372 - Week 1 - DQ2
Description Related Products (1)
DQ 2. What is the difference between real and nominal GDP? Does GDP
accurately reflect the nation’s welfare? Why or why not? How can data on a
country’s GDP be used to make a political argument? In your opinion, how much
does this happen in the public arena? Please explain your answer.
ECO 372 - Week 1 - DQ3
Description
DQ 3. Identify economic factors that affect the real GDP, the unemployment rate,
the inflation rate, and a key interest rate. How do you predict the economy will
perform in the next two years given the current state of two of the economic factors
you identified? How might your organization be affected by these changes?

2. 2
ECO 372 - Week 2
ECO 372 - Week 2 - DQ1
Description RelatedProducts (1)
ECO 372 - Week 2 - DQ1 (3 Responses)
DQ 1. 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?
ECO 372 - Week 2 - DQ2
Description
ECO 372 - Week 2 - DQ2 (3 Responses)
DQ 2. What is the economy's current stage in the business cycle? Supportyour
answer with an article written within the last week from the popular press or blog.
In light of the text readings, evaluate the article and the sourceof the article. Based
on the information, determine where the economy fits in the business cycle.
ECO 372 - Week 2 - DQ3
Description
ECO 372 - Week 2 - DQ3 (3 Responses)
DQ 3. Recessions seem to show up every so often and create economic hardship.
One might think that macroeconomic policymakers could tame the business cycle
and implement policies that would end recessions. Are recessions a necessary fact
of macroeconomic life? If not, what would it take to eliminate them? If they are
unavoidable, what types of business can benefit from them? How would a
recession affect your firm?
ECO 372 - Week 2 - Economic Forecasting Paper
Description

3. 3
ECO 372 - Week 2 - Economic Forecasting Paper
Develop a list of resources you might use to gather historical economic data as
well as economic forecast data.
Explain how and why each sourceis valuable and useful.
Identify any quantitative or qualitative forecasting factors contained in the
sources.
Discuss this week’s objectives with your team. Your discussionshould include the
topics you feel comfortable with, any topics you struggled with, and how the
weekly topics relate to application in your field.
Write a 350- to 1,050-word paper that details your team's findings.
ECO 372 - Week 2 - Fundamentals of Macroeconomics Paper
Description
ECO 372 - Week 2 - Fundamentals of Macroeconomics Paper
Individual Assignment
Resource: Figure 3-1 in Ch. 3 of Macroeconomics. Part 1
Describe the following terms in your word.
· Gross domestic product(GDP)
· Real GDP
· Nominal GDP
· Unemployment rate
· Inflation rate
· Interest rate
Part 2

4. 4
Consider the following examples of economic activities:
· Purchasing of groceries
· Massive layoff of employees
· Decrease in taxes
Describe how each of these activities affects government, households, and
businesses. Describe the flow of resources from one entity to another for each
activity.
Write a 700- to 1,500-word paper summarizing the results.
ECO 372 - Week 3
ECO 372 - Week 3 - Aggregate Demand and Supply Models
Description RelatedProducts (2)
ECO 372 - Week 3 - Aggregate Demandand Supply Models
For this assignment, you will choosefrom the following options:
· Option 1: Economic Advisement Paper
· Option 2: Economic Critique
Readthe instructions in the University of Phoenix Material: Aggregate Demand
and Supply Models located on the student website and select one option to
complete the assignment.
ECO 372 - Week 3 - DQ1
Description
ECO 372 - Week 3 - DQ1 (3 Responses)
DQ 1. What happens to the money supply, interest rates, and the economy if the
Federal Reserve is a net seller of government bonds?What happens to the money

5. 5
supply, interest rates, and the economy if the Federal Reserve is a net buyer of
government bonds. Why would the government implement a stimulus program into
the economy?
ECO 372 - Week 3 - DQ2
ECO 372 - Week 3 - DQ2 (3 Responses)
DQ 2. What new measures and tools has the Federal Reserve employed in the past
several years that have not been employed in the past2 decades?How do you
evaluate the change in the approach?Is this sustainable and appropriate in the
medium term?
ECO 372 - Week 3 - DQ3
Description
ECO 372 - Week 3 - DQ3 (3 Responses)
DQ 3. What is the difference between contractionary and expansionary monetary
policy? What is the intention of each policy under a depression, recession, or
robusteconomy? Which type of monetary policy is more appropriate today and
why?
ECO 372 - Week 3 - Learning Team Weekly Reflection
Description
ECO 372 - Week 3 - Learning Team WeeklyReflection
Discuss this week’s objectives with your team. Your discussionshould include the
topics you feel comfortable with, any topics you struggled with, and how the
weekly topics relate to application in your field.
Write a 350- to 1,050- word paper detailing the findings of your discussion.

6. 6
ECO 372 - Week 4
ECO 372 - Week 4 - DQ1
Description RelatedProducts (1)
ECO 372 - Week 4 - DQ1 (3 Responses)
DQ 1. What are the positive and negative aspects of budget deficits and surpluses?
What policy is bestfor today’s economy? Explain your answer.
ECO 372 - Week 4 - DQ2
Description
ECO 372 - Week 4 - DQ2 (3 Responses)
DQ 2. How does a government budget surplus affect the U.S. economy? Identify
two periods in recent history in which the United States has run budget surpluses.
What were the reasons for the surpluses during those time periods?
ECO 372 - Week 4 - DQ3
Description RelatedProducts (1)
ECO 372 - Week 4 - DQ3 (3 Responses)
DQ 3. How does a government budget deficit affect the economy? Identify two
periods in recent history in which the United States has run budget deficits. What
were the reasons for the deficits during those time periods?
ECO 372 - Week 4 - Federal Reserve Presentation
ECO 372 - Week 4 - FederalReserve Presentation
Your boss has chosen you to give a presentation to a number of foreign officials
regarding the United States Federal Reserve System. These officials are very
interested in doing business in the United States, but they would like to learn more
about the Federal Reserve and how it operates.
Develop a 10- to 15-slide Microsoft® PowerPoint® presentation.

7. 7
Address the following questions and include a notes page which contains the write-
up portion to each question:
· What are the factors that would influence the Federal Reserve in adjusting
the discount rate?
· How does the discount rate affect the decisions of banks in setting their
specific interest rates?
· How does monetary policy aim to avoid inflation?
· How does monetary policy controlthe money supply?
· How does a stimulus program (through the money multiplier) affect the
money supply?
Currently, what indictors are evident that there is too much or too little
money within the economy? How is monetary policy aiming to adjust this?
ECO 372 - Week 4 - Learning Team Reflection
Description
ECO 372 - Week 4 - Learning Team Reflection
Discuss this week’s objectives with your team. Your discussionshould include the
topics you feel comfortable with, any topics you struggled with, and how the
weekly topics relate to application in your field.
Prepare a 350- to 1,050- word paper detailing the findings of your discussion.
ECO 372 - Week 5
ECO 372 - Week 5 - DQ1
Description

8. 8
ECO 372 - Week 5 - DQ1 (3 Responses)
Explain how foreign exchange rates are determined. How do changes in interest
rates, inflation, productivity, and income affect exchange rates? What are the
advantages and disadvantages of a weak versus a strong dollar for imports, exports,
international and domestic markets?
Please use a current example of an exchange rate [Swiss Franc-Euro, US Dollar -
Japanese Yen, etc] and describe how it affects the two [or more] countries
involved.
ECO 372 - Week 5 - DQ2
Description
ECO 372 - Week 5 - DQ2 (3 Responses)
As was seen during the financial crisis of the 1930s, and in recent history, markets
are interconnected globally. Aside from financial markets, different countries have
different resources. Choosea country other than your own, which has not already
been selected by another student, and research the EIU country data. Based on
absolute advantage and comparative advantage, explain the effect of global
economic conditions on the choices available to that country. You must include the
current exchange rate of the country's monetary unit.
ECO 372 - Week 5 - DQ3
Description
ECO 372 - Week 5 - DQ3 (3 Responses)
Review the U.S. Trade Representatives website at http://www.ustr.gov/trade-
agreements/free-trade-agreements. Select a country or trading bloc with which the
United States has a current or pending free trade agreement. What are areas of
comparative advantage of the United States and its trading partner? What are the
benefits and disadvantages specific to this free trade agreement?
ECO 372 - Week 5 - Fiscal Policy Paper
Description

9. 9
ECO 372 - Week 5 - FiscalPolicyPaper
Discuss within your Learning Team how and why the U.S.’s deficit, surplus and
debt have an effect on the following:
· Tax payers
· Future Social Security and Medicare users
· Unemployed individuals
· University of Phoenix student
· The United State’s financial reputation on an international level
· A domestic automotive manufacturing (exporter)
· An Italian clothing company (importer)
· GDP
ECO 372 - Week 5 - International Trade and Finance Speech
Description
ECO 372 - Week 5 - International Trade and Finance Speech
Assume that you have been appointed as the Speaker of the House. You must
deliver a speech about the current state of the U.S. macroeconomyto a number of
amateur reporters who are unfamiliar with economics.
Prepare a 750- to 1,050-word speech in simple terms and concepts that focus on
international trade and foreign exchange rates.
Integrate a summary of your answers to the following questions and cite external
research to further justify your facts:

10. 10
· What happens when there is a surplus of imports brought into the U.S.? Cite
a specific example of a productwith an import surplus, and the impact that has on
the U.S. businesses and consumers involved.
· What are the effects of international trade to GDP, domestic markets and
university students?
· How do government choices in regards to tariffs and quotas affect
international relations and trade?
· What are foreign exchange rates? How are they determined?
· Why doesn’tthe U.S. simply restrict all goods coming in from China? Why
can’t the U.S. just minimize the amount of imports coming in from all other
countries?
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ECO 372 Final Exam
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