Fundamentals of Macroeconomics ECO/372 By Nicole Noyce July 28‚ 2013 Dr. Samule Onipede In order to understand what is going on with the United States economy you must understand some important terms that are part of the economic language. You also need to understand how certain activities in your everyday life have an overall effect on the economy. Placing the puzzle pieces of what makes up the economy and what effects the economy will help one to understand how to react in certain situations
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The NAFCU site is a very useful site to use when trying to forecast economic trends and data. With this site you are able to research credit union data and trends. This can be very useful because credit unions are one of the largest banking systems in the United States. If you are able to see trends from these banks then you can better forecast the trends in the economy because they are a large part of the economy. Datatrac’s website is useful because it shows you a comparison of retail loans and
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How to Write a Definition Essay In a definition essay‚ you explain the meaning of a certain term by giving a detailed description of it‚ and support your definition with clear examples or facts. Such explanations are needed if a term is special‚ abstract‚ disputed or does not have a common meaning. For instance‚ individuals can interpret the definition of the words ‘freedom’ or ‘abuse’ quite differently. ------------------------------------------------- Steps for Writing a Definition Essay 1
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What happens when there is a surplus of imports brought into the U.S.? When the dollar value of goods and services imported into the United States exceeds the dollar value of goods and services exported to other countries from the U.S.‚ it creates what is called a surplus. When there is a surplus of imports that are brought into the United States‚ a deficit is created from the trade balance that occurs. Having a surplus of desired imports can create a lower price for the U.S. consumer and have a
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Confirming Pages Understanding ECONOMICS and How It AFFECTS Business 2 LEARNING goals A f t e r y o u h a v e r e a d a n d s t u d i e d t h i s c h a p t e r‚ y o u s h o u l d b e a b l e t o 1 2 3 4 Explain basic economics. 5 Describe the economic system of the United States‚ including the significance of key economic indicators (especially GDP)‚ productivity‚ and the business cycle. 6 Contrast fiscal policy and monetary policy‚ and explain how each affects the economy. Explain what
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____________ Chapter 1 Introduction This Chapter contains the Introduction‚ Background of the Study‚ and Statement of the Problem‚ Significance of the Study and the Scope and Limitation. Filipinos love eating different types of food‚ the reason why they can easily find restaurants around the country. But starting up a restaurant is not as easy. A
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ECO/372 Week 3 Knowledge Check – Quiz Quiz Questions with 100% Correct Answers: 1. If you expect interest rates to rise‚ you will want to be holding 2. The interest rate is the price paid for the use of a 3. Which of the following do policy makers tend to target when setting monetary policy? 4. If the Federal Reserve reduced its reserve requirement from 6.5 percent to 5 percent‚ this policy would most likely 5. If banks hold excess reserves whereas before they did not‚ the money multiplier 6. The
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Definitions Term Definition ActionScript Adds interactivity and/or playback efficiency to a movie via coding. Similar to JavaScript‚ ActionScript is an object-oriented programming language. Alpha effect Adjusts the transparency of an instance. Bitmaps Images using colored dots‚ called pixels‚ arranged within a grid. Typical of most web graphics. Breaking apart Converts symbols into basic shapes so that shape tweening can be used. Button symbol Used to create interactive buttons
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Definition of Terms Academic Performance- it is how the students cooperate/ perform in the school. - It measures students learning (grades etc.) - Determines how the students are doing in their studies and classes. Aggressiveness - effect of too much use of computer that may blur a child ability to distinguish real life from simulation. Computer- necessary for the development of the digital proficiency required of today’s citizen. - It serves as the sources of information and
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(kay rap)DEFINITION OF TERMS AC (alternating current) - In electricity‚ alternating current (AC) occurs when charge carriers in a conductor or semiconductor periodically reverse their direction of movement. Household utility current in most countries is AC with a frequency of 60 hertz (60 complete cycles per second)‚ although in some countries it is 50 Hz. The radio-frequency (RF) current in antennas and transmission lines is another example of AC. The usual waveform of an AC power circuit is a sine
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