Questions1 a analyse both the conventional and

Reference no: EM13371791

Questions:

1) (a) Analyse both the conventional and unconventional tools used by central banks.

(b) In a 2012 study the International Monetary Fund (IMF) reported that the fiscal multiplier for the periphery of the Eurozone was roughly equal to 0.5. One year later, IMF recognised its mistake reporting that the fiscal multiplier was approximately equal to 1.7.

Discuss the above statement explaining what the fiscal multiplier is.

2) (a) Discuss the different types of unemployment.

(b) According to The Office for National Statistics UK, unemployment is reduced with optimistic prospects for 2014.

Which type of unemployment is responsible for this reduction in the unemployment rate? Explain your answer.

(c) Imagine yourself as Chief Economists of World Bank at their London headquarters. One morning you are informed that the OPEC countries made and agreement according to which they are going to reduce the produced quantity and to increase the price.

What impact such agreement would you expect to have on the UK economy? In your analysis use a diagram.

Reference no: EM13371791

Questions Cloud

1part 1 researcharesearch an issue on how international : 1.part 1 researcha.research an issue on how international trade can affect a countrys economic growth.- the pros and

In the long run the most helpful action that a : in the long run the most helpful action that a monopolistically competitive firm can take to maintain its economic

1 a discuss the advantages and disadvantages of free : 1 a discuss the advantages and disadvantages of free international trade.b assume that two countries are competitors in

Write down the 700- to 1050-word paper in narrative style : write down the 700- to 1050-word paper in narrative style first person.choose and summarize specific software products

Questions1 a analyse both the conventional and : questions1 a analyse both the conventional and unconventional tools used by central banks.nbspnbspnbsp b in a 2012

Part-11utilizing the link below and the instructions to : part-11.utilizing the link below and the instructions to follow create a graph of the us gdp relative to debt from the

Gr dry foods distributors specializes in the wholesale : g.r. dry foods distributors specializes in the wholesale distribution of dry goods such as rice and dry beans. the

Part 1 annie has an income of 120 an hour popcorn cost 6 a : part 1. annie has an income of 120 an hour popcorn cost 6 a bag and cost 5 a six pack cola.a.draw a graph of annies

Question 1why would you want ethnocentric staffing of : question 1why would you want ethnocentric staffing of managers when you first start up an overseas location? when

User Account

All Pages