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1. Explain how governments can use fiscal policy to redistribute income.
2. With the help of diagrams distinguish between demand-pull and cost-push inflation. Explain which fiscal policies would be appropriate to deal with these two types of inflation.
3. Graphically show and explain the difference between progressive taxation and regressive taxation.
ECO82001 - ECONOMICS AND QUANTITATIVE ANALYSIS SHORT WRITTEN RESPONSES - MACROECONOMICS ASSIGNMENT. What is the aggregate demand (AD) curve and why does it slope downwards? Explain
The Nigerian currency on Thursday morning appreciated further against the dollar as bureau de change (BDC) operators run into further hiding what is the major contributor of this appreciation of the naira?
Provide brief but theoretically sound explanation for each of the following.
You are the lead economic advisor for the United States and asked how to best stay on the path toward long run economic growth.
Assume you fail to hedge, but the British ale seller decides to cut you a break and only pass through half of the pound appreciation.
what is the current unemployment rate? hint the update on the unemployment rate is usually released the first friday of
The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage.
Purchasing power parity conversion factor is a common phrase in the international economics. What is the meaning of this phrase?
Task 1 - Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins..
Elucidate if you expect the inflation rate to accelerate if the actual unemployment rate declined to a level lower than the "full employment" unemployment rate.
Illustrate what are the impacts of innovation and technology on the cost of production.
Briefly summarize the concept of transfer pricing (use a numerical example) why some analysts believe transfer pricing is a dishonest practice, what steps countries are implementing to reduce/eliminate this practice, what may happen to global trad..
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