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Q. Read through the Budget Speech presented by the Minister of Finance on 22 February 2012. Explain in detail whether the element of the Budget Speech succeeds in contributing to the simultaneous achievement of fiscal sustainability and sustainable development in South Africa. Make use of examples from the Speech to substantiate your discussion. Also, clearly define what is meant by human capital investment, fiscal sustainability and sustainable development in your discussion. Comment on the current state of human development in South Africa. (Inclusion of recent statistics with regard to the above is very important). Which fiscal balance is likely to be influenced (and Explain how) by treating human capital investments the same as physical capital investments?
Clarifying resource demand as well as differs from those determinant product demand.
The discount rate for the stock is 15% and the rate of return on reinvested earnings is also 15%
Analyze the equilibrium cost and quantity in this case and label it on your graph. Moreover calculate, deadweight loss, consumer surplus as well as industry profits.
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
One feature of a financial crisis is that there is a high demand for safe assets and a low demand for risky assets.
Describe how each of these activities affects government, households, and businesses. Describe the flow of resources from one entity to another for each activity.
Explain how much does the customer pay. Explain how much does the government receive as tax revenue.
Suppose that you are in a committee meeting of the United Nations
Explicate which among the policies is most effective and least effective for this nation.
A firm with a U-shaped average cost curve finds that its costs exceed its revenues when it sets price equal to marginal cost.
Draw and show the change in the PPF when an outbreak of avian flu sickens millions of agricultural and industrial workers.
B involves the polluters in each region independently negotiating pollution deductions, assuming the other region is not undertaking pollution reduction.
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