Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Table 1:
Consider the following table that contains key macroeconomic data for Country G:
Economic Data
2019
2020
Working Age Population (WAP) (in millions)
43.33
42.97
Employed Persons (E )
27.5
26.2
Unemployed Persons (U)
1.1
1.45
Consumer Price Index (CPI)
118
115
Consumers Spending
$783
$700
Government Spending
$280
$320
Government Investment
$160
$195
Investment Spending
$175
$150
Export
$80
$70
Imports
$73
$75
Saving
$8
$7.3
Depreciation Expenses
$22
$16
Tax revenue
$580
$544
Transfer payments (TR)
$230
$260
a) Calculate the labour force participation rate (LFPR%) and the unemployment rate (UR%) in 2019 and 2020.
b) List the Key Macroeconomic Indicators (only) and comment on their performance based on your calculation in Q3 and Q4a) to justify which phase the economy is in.
c) What type of fiscal policy is the government undertaking? How will this fiscal policy affect the Aggregate Demand components and affect the AD, SAS and/or LAS curve of the AD/AS Model?
d) Given the current economic condition, what type of monetary policy is the Central Bank going to undertake? How does the policy transmit to the economy?
Why might leasing a new Porsche be good investment for an aspiring Hollywood film producer, even though, he can't easily afford the monthly payments.
When one person saves which person's wealth is increased, meaning which he or she can consume more in the future. But when everyone saves, everyone's income falls, meaning which everyone must consume less today. Explain this seeming contradiction
What economic theories are most useful when applied to the healthcare industry and why?
What are the advantages of action learning sets when compared with other learning facilitation methods?
The fastest growing category of government expenditure is. The increase in the amount that the government collects in taxes when the economy expands and the decrease in the amount that the government collects in taxes when the economy goes into a rec..
The firm’s problem is to choose the quantity that maximizes profit, given an exogenous market price P. (b) Does this problem satisfy the global second order condition? Calculate the firm’s highest attainable profit. Calculate the firm’s profit-maximi..
In general, if the Fed increases the supply of money by 5%, which of the following statements can we claim to be true with certainty? (In general means, do not make any assumptions about anything.)
Answers should be complete and demonstrate an understanding of the issues underlying the questions.
The following table shows your stock positions at the beginning of the year, the dividends that each stock paid during the year, and the stock prices
Your local airport recently started providing wireless Internet access throughout the airport for free. However, very few people have been using the free Internet, primarily because the airport serves a medium- to small-sized community. Initially, wh..
Suppose that for a firm that digs ditches for laying cable or pipeline, backhoes and backhoe operators are pure complements in production, being used on a one-for-one basis. Draw the isoquants (on a graph with backhoe, “K”, and backhoe operators, “E”..
You purchased shares of a mutual fund at a price of $29.50 per share at the beginning of the year and paid a front-end load of 4.5%. If the securities in which the fund invested increased in value by 11% during the year, and the fund's expense ratio ..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd