ECO 202 Project Template

ANSWER THE FOLLOWING QUESTIONS:  (Detailed responses (4-5 paragraphs for each question. No short answers please 1. Why did the unemployment rate increase in the year 2020? 2. How has the pandemic impacted inflation? 3. How did Covid-19 effect the stock market? 4. What was the potential impact of Covid-19 on GDP (gross domestic product) and trade?   A. Provide an introduction and the background of your study, and clearly state what your research question or objective is. What real world issue are you going to research; ie your research idea or objective: III. Briefly explain how the economic theory is related to your real world topic   Recent Trends of Real-World Evidence Report: Produce a report of facts/information to educate us about your chosen real world application. Find news items/articles that provide verifiable facts/data related to your topic of interest (views and opinions expressed via social media are not credible since they are not facts)). These should report recent…

Please provide examples of what is an emerging economy and its definition?    I ASKED THIS QUESTION ALREADY, BUT WAS PARAPHRASED FROM A DIFFERENT WEBSITE. please no plagiarism or paraphrasing. I don't need a several paragraphs, just no more than two for the answer, I just need straight to the point so I can clearly understand.

Localization economies include all of the other options are effects captured by sectors in the economy as they grow within an area may take the form of forward and backward linkages are agglomeration effects Question 40 The theory outlining a negative relationship between land size and productivity assumes, none of the other options that the land is owned by poor individuals who cultivate it. that large pieces of land in developing countries are owned by absentee landlords. that the land is owned and cultivated by large negligent multinational corporations

Question 3Part (a)In Japan, from the 1990s to the late 2000s, the interest rates fell to very low levels.However, this failed to stimulate consumption or investment spending. Use theaggregate expenditure model to explain what might have happened.Part (b)Suppose you are a highly regarded international economic advisor. You have beenasked to assess the possibilities of growth in an African country. It is a countryabundant in labour and some natural resources. The capital to labour ratio is low. Ithas a free market economy. You have found that this country does not have a verystrong and healthy banking system; however, the political system is stable and thegovernment does a good job protecting property rights. Assess this country’sprospects for growth. Recommend two things that would enhance the country’sgrowth

Please select 2 countries and investigate the relationship between Financial Development and Economic Growth. In this project, you are expected to explain the following issues: 1- Why these 2 countries? 2- What is the relationship between growth and financial development? (Hint: Financial Development could be proxied by the Financial Development Index) While explaining what you found with data, you are expected to support your findings with at least 3 studies in the literature. You are limited to a maximum 3 pages.

Question: Problem ScenarioCovid-19 global economic pandemic has negatively affected economies as a whole at the global, national, and regional levels. The novel effects of the fluidity of Covid-19 appear to continue to have negative impacts on the macro business model as the global recession seems to be inevitable. You are working as a macroeconomist in economic affairs in Barbados, and you are tasked with analyzing the impact of Covid-19 on the economy and you are required to prepare notes on what specific government policies can be implemented as a stimulus package to jump-start the economy savings and investment market. The team meeting will be held in 3 days from the date of the assignment and because of the limitation of time the Chief economist has given you the following guidelines:(a) You are required to identify four (4) key macroeconomic issues from the impact of Covid-19,(b) For each issue identified in (a) explain in detail what specificgovernment  policy/ies would you…

Problem 12-03 (algo, with video solution) Given below are data on real GDP and potential GDP for the nation of Anaziland for the years 2009-2013, in billions of 2009 currency. For each year, calculate the output gap as a percentage of potential GDP and state whether the gap is a recessionary gap or an expansionary gap. Also calculate the year-to-year growth rates of real GDP. Instructions: Enter your response as a percentage rounded two decimal places.If you are entering any negative numbers be sure to include a negative sign (-) in front of those numbers. ces Year 2009 Real GDP Potential GDP Output gap Type of gap Growth rate of real GDP 13,250 13,660 % (Click to select) ✓ 2010 13,990 13,300 % (Click to select) 2011 14,450 13,400 % (Click to select) % 2012 13,880 14,060 % (Click to select) 8 2013 14,080 14,500 % (Click to select) 8 Recessionary gap is identified during O 2009; 2012-2013 O 2009-2010; 2013 O 2010-2011 O 2011-2012

The 8th National Development Plan (NDP) is the country’s medium-term blueprint designed to unlock the country’s potentials in all sectors of the economy for sustainable, holistic, and inclusive national development covering the period 2022 to 2026. Required Explain how the scope of Public Finance and Development can be achieved using this blueprint.

Economics In terms of Classical Economics and not Keynesian: World trade has boosted growth rates in many countries. In around 1980, mainland China opened its economy to trade and foreign investment. The Chinese also implemented many institutional reforms promoting capitalism. 1) Calculate Chinese pre-reform cumulative and annualized growth rates from 1950 to 1979. 2) Calculate Chinese post-reform cumulative and annualized growth rates from 1980 to 2019. 3) Please explain the differences in your calculated numbers using the changes the Chinese government implemented. Hint: Use Classical Economic fundamentals to determine the pre-reform cumulative and annualized growth rates for the above years and then explain them. The GDP and growth rates can be found online in many different places.

Economic and business environment analysis:  a) What are the Demographics: Population, growth rate in germanyb) What is the Per capita income levels in germanyc) What are the Major exports and trading partners in germanyd) What is the Business environment like: Government attitude to foreign investment and trends, ease ofdoing business, trade regulations in germanye) What is the Inflation levels, currency exchange rate; risks of devaluation versus the dollar in germanyf) What is the Education and literacy levels, availability of skilled labor, labor costs in germany This information must be linked to the product ( time and patience bakery bread)

With lockdowns currently imposed across Europe and North America until mid-April, even in the best-case scenario it will take at least until mid-June for market confidence to be restored in these economies. The implication is that nearly six million workers in Bangladesh’s formal sector – which is largely manufacturing – will be without steady work for an extended period.” a) Which part of the production function do you think the issue mentioned above will affect? Draw two diagrams to show Real GDP and LRAS is affected in the long run.    The government should also consider an unconditional cash transfer program for an initial period of three months at a rate of $95 per month, which corresponds to the minimum wage for the formal sector in Bangladesh. This would cost the government roughly $14 billion, or 4% of GDP. While this sort of cash transfer program always suffers from targeting issues, Bangladesh enjoys a highly sophisticated mobile financial services network, which could…

Eastern New Mexico UX Ⓒ Katey ✓ My Home Courses Catalog and Study Tools Rental Options College Success Tips Career Success Tips Help @ Give Feedback 91°F Mostly cloudy Students - MyENMU X International EconomicX CENGAGE MINDTAP Homework (Ch 08) https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentId=5894682496242974058071538219&elSBN=9781337 7. Economic costs and benefits of a common currency Attribute Greater certainty for investors Lower protectionism Elimination of exchange fluctuations MindTap - Cengage Le X Dependent monetary policy Greater risk of macroeconomic shocks Identify whether each attribute in the following table is an advantage or disadvantage of sharing a currency across country boundaries. Advantage Disadvantage Which of the following are reasons NAFTA is considered Similar economic structures a suboptimal Low efficiency gains Labor immobility A single monetary policy that is equally effective across borders an optimal MindTap - Cengage Le X HH MindTap -…

You have been tasked with developing a research report based on an economy of your choice anywhere in the world. The economy you select should be a growing economy or an economy that has experienced growth at some stage in its development. Present the finding of your research under the following headings.   BACKGROUND AND ECONOMIC FUNDAMENTALS  Here you should include background info regarding the economy you have chosen (including geographical location, size of the economy, standard of living in the economy, economic growth rates, problems facing the economy). Include facts about your chosen economy that you believe are relevant to the different subsections of your report. Your discussion should also clearly highlight the diff between micro and macroeconomics by identifying some aspects of your chosen economy's micro and macro economy.   (150 - 200 words)

QUESTION 3 (15 mks) Comprehensively and clearly discuss the working of the Kenyan economy based on the circular flow in an economy below; investment financial sector goods and services savings consumption spending taxes government spending >business firms households income expofts resources imports foreign sector

IMF upgrades outlook for the global economy in 2023 Published: Wednesday | February 1, 2023 | 12:34 AM The outlook for the global economy is growing slightly brighter as China eases its zero-COVID policies and the world shows surprising resilience in the face of high inflation, elevated interest rates and Russia’s ongoing war against Ukraine. That’s the view of the International Monetary Fund, IMF, which now expects the world economy to grow 2.9 per cent this year. That forecast is better than the 2.7 per cent expansion for 2023 that the IMF predicted in October, though down from the estimated 3.4 per cent growth in 2022. The IMF noted that the world economy still faces serous risks. They include the possibility that Russia’s war against Ukraine war will escalate, that China will suffer a sharp increase in COVID cases and that high interest rates will cause a financial crisis in debt-laden countries. ### i. Explain THREE (3) main tasks and functions of the International Monetary Fund.…

If you have data on country x for a specific commodity for the year 2020 Domestic production of the commodity 1,800,000 The export value is 20 million The import value is 35 million Change in commodity stock -10 The population is 12 million 2% population growth rate Growth rate in non-lax per capita consumption 4% The marginal propensity to invest 40% The average propensity to consume 80% National growth rate 5% Requirement: 1- Calculate an estimate of the volume of expected consumption of the commodity for the year 2024 according to the second method 2- Calculate the expected consumption value for the year 2024 and its first method (Standard method) 3- Calculate the growth rates in the value of expected consumption according to two methods

You have been tasked with developing a research report based on an economy of your choice anywhere in the world. The economy you select should be a growing economy or an economy that has experienced growth at some stage in its development. Present the finding of your research under the following headings.   CRITICAL INDSUTRIES Identify the industry (industries) that are strategically important and critical for economic growth in your chosen economy. Provide a brief background into the nature of each of these industries and their contribution to the economy as a whole. Limit your discussion to two industries.   (150 - 200 words)

The three major macroeconomic goals are: Group of answer choices a) global security, low taxes, and high levels of government services. b) high employment, price level stability, and economic growth. c)balanced economic growth, balanced federal budget, and exports greater than imports. d)high wages, low imports, and price level stability.

The ________ function is the mathematical representation of the technological relationship between national output and inputs.   Group of answer choices aggregate production net export saving consumption

Wages, dividends, interest, rent = $500 Households Consumer spending = $400 Taxes = $100 Factor markets Government Goods and services markets Wages, dividends, interest, rent = $500 Firms Imports = $30 Government purchases of Exports = $30 goods and services = $100 Reference: Ref 7(22)-1 Figure 7-1: Circular-Flow Model Rest of world (Figure 7-1: Circular-Flow Model) Use Figure 7-1: Circular-Flow Model. If the circular-flow model is in equilibrium (the sum of money flowing into each box is equal to the sum of the money flowing out of it) and there is a decrease in exports, holding everything else constant, which outcome is likely to occur? A) a decrease in the nominal GDP B) an increase in the real GDP C) a decrease in the unemployment rate D) an increase in the inflation rate

Final output in the economy is pro- duced using capital K and labor L. The production function is: Y = ĀK/ L^/5 Assume that the supply of all inputs are exogenous and equal to L and K. Perfectly compet- itive firms are price-takers and choose how much capital and labor to demand by maximizing profits. Let w and r denote the wage and rental rate of one unit of labor and capital respec- tively.

A broader definition of macroeconomics and its relationship with the level of production, unemployment and inflation of a country.

Which of the following is correct? Nominal GDP uses the price level from the benchmark year to adjust for inflation / deflation. According to Doug Irwin, the 'limit to globalization' arises due to the large size of the service sector. Conventional (non-PPP adjusted) GDP per capita overstates the true extent of income levels of poorer countries. Small countries tend to have small openness (i.e., (exports+imports)/GDP). Ad valorem equivalent of specific tariffs are not affected by inflation / deflation.

During the year 2020, the world faced two major challenges that disrupted economies and business plans all over the world. The challenges came in the form of an unprecedented Covid19 pandemic and the consequences of climatic change which brought onto economies, losses and recovery issues. As countries struggled in the face of these challenges, economists busily tried to figure out how to recover and place business activity back on track. The World Economic Forum undertook a research to determine how these challenges affected countries all over the world and investigated how governments are projecting output and GDP figures for the coming year. The following is a severed projection data sheet that was published by the World Economic Forum. Real GDP, Annual % change World Output Advanced Economies Emerging and Developing Economies 2019 2020 2021 2.8 -4.4 5.2 1.7 -5.8 3.9 3.7 -3.3 6.0 QUESTION In the light of the scenario above discuss the monetary and fiscal incentives that worldwide…

Identify each of the following topics as being part of microeconomics or macroeconomics: the impact of tax policy on national saving (a) macroeconomics (b) microeconomics

Instructions:The economic ideas of two the most influential economists:  John Maynard Keynes and Frederic von Hayek have a significant impact on the US economy and the entire global economy. They had very different views about a free market economy and the role of the government. Even though they had arguments in 1930s, their ideas still affect our contemporary economic systems. The relevance of their views will be debated in the video:  Fear The Boom and Bust": Keynes vs Hayek Rap Battle. Two models below represent John Maynard Keynes and Frederic von Hayek concepts of aggregate-demand (AD) and aggregate-supply(AS) of the nation’s economy. Once you’ve watched the video and read Chapter 32: Aggregate Demand and Aggregate Supply, then answer the questions that follow. The following links provides a two-minute videos about demand-pull inflation, cost-push inflation, recession, short-run period, and long-run period.  http://welkerswikinomics.com/blog/2011/04/08/1643/ Figure 1: Hayek’s…

_________ is output per hour in the business sector. Question options: a) GDP per capita b) Investment c) Productivity d) Net exports ____________ is a term which refers to the widespread use of power-driven machinery and the economic and social changes that resulted in thefirst half of the 1800s. Question options: a) Industrial Revolution b) Capital deepening c) Living standard d)Technology

GEOGRAPHY GRADE 11 SEPTEMBER 2019 Question 1 1.1 Choose the correct concept/ term from COLUMN B that matches with the statements/ descriptions in COLUMNA (1.1.1 - 1.1.7). Only write the correct letter next to the number, for example 1.1.1 K. COLUMN A Combines life expectancy, level of education and GDP per capita. COLUMN B 1.1.1 A. Globalisation B. Trade barrier 1.1.2 Rules established by countries to protect their own economy from competition. C. Trade bloc D. Development aid E. HDI 1.1.3 Factory where people work long hours in poor conditions for iow pay. F. Phantom aid G. Sweatshop 1.1.4 Group of countries that have agreed to trade with one another. H. Terms of trade 1.1.5 A wealthy country provides help to a developing country with fewer resources. 1.1.6 Government-imposed regulations that restrict international trade to protect home industries. |(7x1) (7) 1.1.7 Happens when debt money is written off. roct word from the choices given in brackets. Write only of vour

This semester, you have read about many topics in Macro-Economics. Choose two (2) specific but, different macro-economic topics from your textbook that you will take with you and USE as you continue to "make your way in the world". The topics do not have to be "chapter topics" but can be sub-topics that were broken down inside of the chapters. Make sure your post has the following: Discuss two (2) specific topics Discuss two (2) different topics Topics are from the textbook - Macroeconomics second edition- Mc Graw Hill Discuss = explaining in detail your reasons for selecting the topics you chose to take with you and use. How will you use/utilize the information in the topic. Initial post is required to be a minimum of 200 words

Read the following extract and answer questions?South Africa’s economy grew by 1.1% in the first quarter of the year Stats SA has published the latest gross domestic product (GDP) data covering the first quarter of the year, showing that the economy grew by 1.1% in the first three months of 2021.The growth follows a revised 1.4% rise in real GDP in the fourth quarter of 2020. On an annualised basis, theeconomy grew 4.6% quarter-on-quarter. Following confusion caused by the annualisation of GDP data in 2020 – amid the Covid-19 pandemic andresulting lockdowns – Stats SA said it would no longer use the annualised data as the headline GDP statistic. During periods of steady economic growth, annualising is a useful way of expressing quarter-on-quarterperformance in annual terms, Stats SA said. However, during periods of economic instability, annualising can be misleading, because it exaggerates growth rates that are unlikely to be repeated.  Given the information about the South African…

The Grenada National Sustainable Development Plan 2020-2035 is based on three development pillars: the society; the economy and the environment.  A Medium Term Action Plan (MTAP) 2022 – 2024 was published in January 2022, which is a companion document to the Plan.  Using these links https://www.finance.gd/docs/NSDP2020-2035-FVi.pdf and https://www.finance.gd/docs/2022/FinalMTAP2022-2024upd.pdf i.Description of the current economic framework within which this Plan operates. (comment on the performance of key economic indicators: new and traditional. ii. Comment on the general economic development strategy, focusing on the macroeconomic policies – For example, is it strongly aligned with any of theories of economic development covered in the Course material. iii. Critically assess the general alignment of the national outcomes with the objectives of the Sustainable Development Goals (SDG’s). Give appropriate examples.Please assist with providing some insight on these in point form.

MACROECONOMICS  Topic: Multipl

Question: Problem ScenarioCovid-19 global economic pandemic has negatively affected economies as a whole at the global, national and regional levels. The novel effects of the fluidity of Covid-19 appears to continue to have negative impacts on the macro business model as the global recession seems to be inevitable. You are working as a macroeconomist in economic affairs in your local country, and you are tasked with analyzing the impact of Covid-19 on the economy and you are required to prepare notes on what specific government policies can be implemented as a stimulus package to jump-start the economy savings and investment market. The team meeting will be held in 3 days from the date of the assignment and because of limitation of time the Chief economist has given you the following guidelines:(a) You are required to identify four (4) key macroeconomic issues from the impact of Covid-19,(b) For each issue identify in (a) explain in detail what specific government policy/ies would you…