What do you meant by fiscal policy, Microeconomics

Assignment Help:

Question 1:

(a) Describe what is Economic growth and describe its relationship with standard of living?

(b) Assuming you are the government economist, what policy measures you are likely to take in promoting economic growth in Mauritius?

Question 2:

(a) What do you meant by Fiscal Policy? Also explain the instruments of Fiscal Policy

Question 3:

(b) How is the operation of fiscal policy supposed to affect the level of economic activity within an economy?

Question 4:

(a) Distinguish carefully between public and merit goods, highlighting the characteristics and examples to support your arguments.

(b) Why can the provision of such goods not be left entirely to the private enterprise?

Question 5:

(a) Define inflation and show why governments are concerned to keep the rate of inflation at a low level (3% - 3.5%)?

(b) Determine the role and functions of the Central Bank of Mauritius and how does it intervene in the market to ensure economic stability?


Related Discussions:- What do you meant by fiscal policy

Long-run supply of housing , The Long-Run Supply of Housing * Scenario...

The Long-Run Supply of Housing * Scenario 1: Owner-occupied housing - Suburban or rural areas - National market for inputs * Questions - Is this an increasing or co

Copper, Around 2007, the world copper price was $2.00 per pound and 12 mill...

Around 2007, the world copper price was $2.00 per pound and 12 million metric tons per year was the quantity transacted. A) Assume copper’s demand elasticity is -.5 and supply elas

What is extracellular digestion, Extracellular digestion is that in which f...

Extracellular digestion is that in which food breaking into utile molecules that can be internalized by the cell is completed in the extracellular space, i.e., outside the cell. In

What is cost effectiveness analysis, Q. What is Cost effectiveness analysis...

Q. What is Cost effectiveness analysis? Cost effectiveness analysis A method which seeks to identify the least cost option for meeting a particular objective. It actives prior

Nash equilibrium, Think of the Golden Ball game. Now player 1 is money-mind...

Think of the Golden Ball game. Now player 1 is money-minded and jealous, and player 2 is very good-hearted, so the payoff matrix is follows:                                Playe

Market economy, what is market economy and how it solve the central problem...

what is market economy and how it solve the central problem

Need of reforms - economic policies, NEED OF REFORMS: Presently Govern...

NEED OF REFORMS: Presently Government offices generate  a lot of paper work in the form of reports/returns, extended file movement in many cases for clarification of some mino

When is the economic theory useless, When is the economic theory useless? ...

When is the economic theory useless? One misunderstanding is to under-estimate the role of an economic theory. Several people thought an economic theory useless since they thin

The concept of consumer surplus, consumer surplus and elasticity of demand ...

consumer surplus and elasticity of demand assumption of consumer surplus criticisms of consumer surplus consumer surplus in terms of indifference curves importance of the concept o

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