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Discuss the policies which a government can implement to achieve economic growth. To what extent do you agree that economic growth is always beneficial to a country? I have appended the school's assignment.
1. Demonstrate an ability to critically discuss the contents of the module in relation to the real world.
2. Describe the constraints faced by governments as a result of globalisation.
3. Evaluate the role of demand side policies namely fiscal policy, monetary policy and exchange rate policy in managing short-run instability of an economy.
4. Analyse the impact of supply side policies such as retraining of labour force, adoption of technology and Research & Development (R&D) activities in strengthening the production capacity of an economy.
5. Describe the main policy issues confronting governments and the potential conflicts between different policies.
Currently, at a price of $1 each, 100 popcycles are sold per day in the perpetually hot town of Rostin. Consider the elastictiy of supply. In the short run, a price increase from $1 to $2 is unit-elastic (Es==1.0). How many popcycles will be sold eac..
Suppose that the town of Grayrock had a population of 10,000 in 1998 and a population of 12, 000 in 2003.
Suppose the price of widgets rises from $5 to $7 and consumption of widgets falls from 25 widgets a month to 15 widgets. Calculate your price elasticity of demand of widgets. What can you say about your price elasticity of demand of widgets? Is it..
Should economic policymakers strive to achieve an inflation rate of zero percent? Justify your answer and be sure to explain the implications this would have on the economy.
Illustrate what would be a good company with a product or service that would be worthy of further exploration down the line and why.
Illustrate what is your rate of return for each alternative for four stock prices one year from now. Summarize your results in a table that shows the rate of return on investment for all three alternatives.
Derive an expression for the comparative static result dY/d (the effect of the change in the anticipated inflation rate on the equilibrium output), and show what its sign is. Briefly explain the intuition for its sign.
Illustrate in the graph below the deadweight loss (DWL) that would result if this monopolist were allowed to operate as a profit maximizing firm without regulation.
Explain how the distinction between expected and unexpected inflation is important to the distributional effects of inflation.
Briefly discuss two automatic stabilizers and what how might have affected the economy in the event in question and What happens to the equilibrium interest rate?
Suppose that two power plants, company 1 and 2 release sulfur dioxide (SO2) in a small urban community that exceeds the emissions standard.
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