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Q1. Morocco has a flexible exchange rate regime. The demand for domestic goods and services is too strong. As a result, inflation is 9%, which is above the desired rate of 5%. What alternative policy actions could Jordan implement to bring the rate down? How will these actions affect the following macroeconomic variables in the short run: Price, output, and unemployment? What are the possible effects on the same variables in the long run?
Q2. The World Economic Forum (2014) report lists UAE's ranking in twelve distinct categories that define a country's ability to compete internationally. For each of these categories, give two UAE-specific examples to justify the high or low ranking assigned to the UAE. Explain your choices.
Q3: In January 1999, the European Union adopted a common currency, the euro, marking a significant step in a long process of economic and political unification that started in the 1950s. Why and how did Europe adopt a common currency? What are the lessons learned - positive and negative - from the euro experience? How relevant are these lessons to the UAE and other GCC countries in their quest for a common currency?
Q4: The labor market in the UAE (and other GCC countries) faces important challenges related to the need to strike a balance between efficiency considerations (increasing the productivity of jobs and workers) and equity considerations (ensuring decent work for Emirati nationals). Outline the proposed solutions to theses major challenges and present how (or whether) they indeed present an efficiency-equity trade-off.
a university spent 1.8 million to install solar panels atop a parking garage. these panels will have a capacity of
Monetary policy is a hotly debated issue in government sectors. Decisions about these policies directly affect you as both a consumer, business person, and citizen. Discuss the current monetary policy of the Federal Reserve. What are they trying to a..
slash and burn is a monopolist that can sell its output at these prices and with these total
A copy company wants to expand production. It currently has 20 workers who share eight copiers. Two months ago, the firm added two copiers, and output increased by 100,000 pages
1 a bank can lend out its excess reserves but not its required reserves.a trueb false2 a bank creates money when ita
You borrowed $20,000 to finance the education expenses for your senior year of college at the beginning of your senior year. The loan will be paid off over five years and the first instalment will be due a year later. The loan carriers and interest r..
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In theory, we know that a monopolist basis its price directly off of the demand curve, but in practice a monopolist cannot 'see' the demand curve. Explain how a monopolist might set prices, even without having explicit knowledge of the shape of th..
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the benefits and costs of an investment project the purchase of a piece of machinery are those given in the following
1) If the desired level of investment spending (I) is greater than the level of national savings (S), are net exports (NX) positive, negative, or zero? Explain the connection between I, S, and NX (in words as well as mathematically).
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