20 Macroeconomic Information for Mexico: 2020 Q2 GDP (in 2020 Q2 pesos) 4.97 trillion pesos 2020 Q1 GDP (in 2020 Q1 pesos) 6.09 trillion pesos 2020 Q2 GDP (in 2015 pesos) 3.76 trillion pesos 2020 Q1 GDP (in 2015 pesos) 4.54 trillion pesos Calculate Mexico's real GDP growth rate between the first and second quarters of 2020. (Enter your answer in percent form, rounded to one decimal place, without the percent sign. For example, if your answer is 0.12345, enter 12.3.)
20
|
2020 Q2 GDP (in 2020 Q2 pesos) |
4.97 trillion pesos |
|
2020 Q1 GDP (in 2020 Q1 pesos) |
6.09 trillion pesos |
|
2020 Q2 GDP (in 2015 pesos) |
3.76 trillion pesos |
|
2020 Q1 GDP (in 2015 pesos) |
4.54 trillion pesos |
Calculate Mexico's real GDP growth rate between the first and second quarters of 2020.
(Enter your answer in percent form, rounded to one decimal place, without the percent sign. For example, if your answer is 0.12345, enter 12.3.)
21 Macroeconomic Information for Mexico:
|
2020 Q2 GDP (in 2020 Q2 pesos) |
4.97 trillion pesos |
|
2020 Q1 GDP (in 2020 Q1 pesos) |
6.09 trillion pesos |
|
2020 Q2 GDP (in 2015 pesos) |
3.76 trillion pesos |
|
2020 Q1 GDP (in 2015 pesos) |
4.54 trillion pesos |
Calculate Mexico's inflation, using the GDP deflator method, between the first and second quarters of 2020.
(Enter your answer in percent form, rounded to one decimal place, without the percent sign. For example, if your answer is 0.12345, enter 12.3.)
Based on your answers from #20 and #21, use the
Based on your answers from #20 and #21, is Mexico's short-run
What fiscal policy do you recommend that Mexico use to resolve the problem you identified in #23? Be as specific as possible. Why?
What
Mexico has the following options:
- Active government intervention in the economy and active central bank intervention in the economy.
- Active government intervention in the economy but no active central bank intervention in the economy.
- No active government intervention in the economy but active central bank intervention in the economy.
- No active government intervention in the economy and no active central bank intervention in the economy.
Which do you think is appropriate for Mexico and why?
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