Based on the table, identify and explain the components of Aggregated Demand. Show the variation in the Components of AD over four years which contributes the maximum to the AD
1- Based on the table, identify and explain the components of Aggregated Demand. Show
the variation in the Components of AD over four years which contributes the maximum to
the AD
2- From the table, relate Fiscal balance and Current account balance. Analyze why both
show negative trend.
3- What is the trend in the fluctuation of OMR exchange rate against Dollar? What is
method used for fixing exchange rate against $ and how is related to the trend shown in the
table
4- From the table we see that Trade balance is growing steadily but the Fiscal balance
shows negative trend. Are these related variables or independent variables. What does it
indicate about the AD and AS of Oman’s economy?
5- Calculate the NON-WORKING POPULATION of Male and NON-WORKING
POPULATION of Female of the country based on the population structure given above in
the chart. Consider the minimum working age is 20, explain working and non-working
population and show calculation to demonstrate how you have reached the conclusion.
6- With help of the population structure chart and
economic Data- table 1 calculate number of people employed in Oman. Formula and
calculation should be shown clearly. State what the Fiscal measures are taken by Oman
government to increase employment rate over last one year (answer need to be with
reference to avoid plagiarism)
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