Explain what is economic growth, Public Economics

Assignment Help:

Question 1:

i. Explain the likely effects of a recession on a government's budget?

ii. How is the operation of fiscal policy supposed to affect the level of economic activity within an economy?

Question 2:

i. Explain what you understand by public goods and merit goods.

ii. Evaluate the role and functions of the Bank of Mauritius in ensuring monetary stability in the economy.

Question 3:

i. Distinguish between a tariff and a quota and their economic implication for the Government in international trade finance?

ii. What is a Balance of Payments (BOP) and how Government would intervene to correct a BOP deficit.

Question 4:

i. Explain what is Economic Growth and its potential benefits to the economy.

ii. Explain the term Externality, giving examples of positive and negative externalities and how government deals with these externalities.


Related Discussions:- Explain what is economic growth

Uncertainties of the future and heterogeneity of agents, Introduce uncertai...

Introduce uncertainties in attainments of policy outcomes, winning of elections, optimistic and pessimistic expectations of agents and relate it to various adjustments and converge

What is rational policy, Question 1: " Public policy gives one a better...

Question 1: " Public policy gives one a better understanding of what governments do, why they do what they do and what difference public policy makes to the lives and circumst

#titlTaxation, Theory of optimal tax system is relevant for tax policy issu...

Theory of optimal tax system is relevant for tax policy issue

Public debt, classical and modern theories of burden of public debt

classical and modern theories of burden of public debt

Consumer surplus related to the price elasticity of demand, QUESTION: a...

QUESTION: a) How do returns to scale and returns to factor affect the shapes of the AC in the Long-run and short-run respectively? b) "Standard of living has to be measure

Related goods approaches - direct substitute approach, Related Goods Approa...

Related Goods Approaches - Direct Substitute Approach Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInterne

Opportunity cost of everything increase, Earlier than the Civil War, the So...

Earlier than the Civil War, the South graded with the North and with England. It sold cotton and bought manufactured goods and food. Throughout the war, one of Lincoln's first acti

The planning process of an e-government website, QUESTION 1 (i) The im...

QUESTION 1 (i) The implementation of e-Government presents a number of challenges to both the Government and citizens. Discuss these challenges using appropriate examples.

Public finance, What are the objectives of pubic finance

What are the objectives of pubic finance

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd