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Friday, February 12, 2016

ECO 100 Week 1 DQ 1 and ECO 100 Week 1 DQ 2 ECO 100 Week 1 Essay

 February 12, 2016     No comments   

ECO 100 Week 1 DQ 1 and ECO 100 Week 1 DQ 2   ECO 100 Week 1 Essay
ECO 100 Week 1 DQ 1 Marginal Cost and Marginal Benefit
Cite three examples of recent decisions that you made in which you weighed marginal cost and marginal benefit. (Make sure these are socially acceptable and appropriate for sharing in a public forum.) Explain in 200 words. Respond to at least three of

your classmates’ postings.
ECO 100 Week 1 DQ 2 Self Interest
How does self-interest help achieve society's economic goals? Why is there such a wide variety of desired goods and services in a market? In what ways are entrepreneurs and businesses at the helm of the economy but commanded by consumers?

Explain in 200 words. Respond to at least three of your classmates' postings
ECO 100 Week 1 Essay
Explain the role of the Federal Reserve System and the 12 Federal Reserve Banks. Discuss the Federal Open Market Committee (FOMC) and the Federal Funds Rate. What do they do to manage the economy and the money supply? How do they control

inflation and deflation? Fully support your position in at least 200 words. Respond to at least three of your classmates’ postings.
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