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Q1. Since 1981, the Monetary Authority of Singapore (MAS) has centered its monetary policy on the management of exchange rate.
a) Discuss the exchange rate regime adopted by the Monetary Authority of Singapore. b) Explain how the MAS have successfully used exchange rate policy to achieve price stability for the last two decades.
Q2. In July 2011, in the economy of Sandy Island, 10,000 people were employed and 1,000 were unemployed. During August 2011, 80 people lost their jobs and didn't look for new ones, 20 people quit their jobs and retired, 150 people who had looked for work were hired, 50 people became discouraged workers, and 40 new graduates looked for work.
Calculate the unemployment rate for July 2011. Show all your work.
Suppose that the most popular car dealer in your area sells 10 percent of all vehicles. If all other car dealers sell either the same number of vehicles or fewer, what is the largest value that the Herfindahl index could possibly take for car dealers..
What are some of the other key roles in the Planning Process.
Elucidate use blue points (circle symbol) to plot the federal debt as a percentage of nominal GDP for each of the six years.
What are the tools available to the federal government to implement fiscal policy. If you had the ear of the U.S. president, what advice would you give for the direction of U.S. fiscal policy.
Illustrate what are the advantages and the risks of linking the scorecard to compensation.
Though your answer needs to be correct in terms of economic theory (so be sure to read the assigned chapters), creativity and having fun with it is strongly encouraged.
how the economy moves to a new equilibrium. Focus on short-run as well as long-run equilibrium.
Assume there are no other countries willing to trade goods, so when there is no trade between these two countries, each country consumes the amount of wheat and clothing it produces.
consulting project estimation and analysis of demand for fast food meals using the data in table 1 specify a linear
q1. bmme5103 2 forgone entrepreneurial income to be 10000 a year. she used 500000 in savings that earned 5 percent
Illustrate what is the difference among the multiplier in a closed private economy also the multiplier in a mixed open economy.
Suppose that in year 2008, the money supply is $400 billion, nominal GDP is 9 trillion, and real GDP is $4 trillion. Illustrate what is the price level. What is the velocity of money.
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