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1) Discuss the policies that are available to the government and the central bank to close the GDP gap.
2) Consider the current COVID-19 crisis. Outline the development of the crisis in Singapore and detail the policies the government has undertaken in tackling the crisis. Given your understanding of the situation and economic theory and modelling, discuss the longer-term implications of this crisis for the Singapore economy.
3) Discuss how the COVID-19 crisis is likely to impact average labour productivity and how this will impact long-run economic growth for the nation.
1) The market demand function for corn is Qd = 15 - 2P and the market supply function is Qs = 5P - 2.5, both measured in billions of bushels per year. Suppose the government imposes a $2.10 tax per bushel. What will be the effects on aggregate sur..
Using the Keynesian cross model, draw a graph to illustrate and explain what will happen in an economy when planned aggregate expenditures are greater than real GDP (i.e., A.E. > Y). How is equilibrium achieved in this economy?
skills are required for current also future employees to possess for the organization to be successful
Draw a diagram for hospital care that reflects the price-elasticity found empirically by RAND Health Insurance Experiment. As the level of health insurance in the United States decreases (i.e. coinsurance rates rise),
The discussion assignment provides a forum for discussing relevant topics for this week based on the course competencies covered. To support your work, use the textbook, lectures and scholarly outside sources.
Your current job pays $25,000 per year (after taxes), but you could earn $55,000 per year after taxes if you had a MBA at Southern University.justify your planned MBA at Southern University.
What are the policy choices for contractionary and expansionary options of the Fed. What could you do to restore stable prices during high inflation?
Suppose Cam wants to produce as a perfect competitor. Determine and calculate the price and output for that situation.
The only other costs associated with manufacturing and distributing Brand X chips are the costs of raw potatoes, peanut oil, and bags; last year FoodMax spent $2.8 million on these items, which were purchased in competitive input markets. Based on..
it has to be between 210-280 words for each bullet. consider that your team is a group of economic advisors working for
While the video provides a reason why a country may want to manipulate the value of it's currency, doing so is usually a violation of the free trade rules for fully floating currencies.
Inequality within many developed countries is increasing. Evaluate the impact of policies designed to reduce inequality in a developed country of your choice
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