Can someone please explain this to me as detailed as possible? ASAP?? DESIRABLEIMPERFECTIONS OFEXAMPLES OF CURRENTGOVERNMENTMARKET ECONOMYGOVERNMENT POLICIESINTERVENTIONInefficiency:ImperfectCompetitionEncourage competitionAntitrust laws, deregulationsamong sellersExternalitiesIntervene in marketsAntipollution law, antismokingordinancesPublic goodsEncourage beneficialProvide and finance publicactivitieseducation, build roads and otherpublic infrastructuresInequality:Progressive taxation of income andwealth (Income tax, TRAIN LAW)High disparitybetween the reachRedistribute incomeand the poor which iscaused by inequalityIncome support or transferprograms (e.g., 4Ps)of income and wealthMonetary policies such as changesin money supply and interest ratesMacroeconomic Problems:Stabilize through strongHigh inflation andunemploymentFiscal policies like changing taxpercentages and spending programslike the Build, Build, Buildmacroeconomic policiesProgramImprove efficiency of tax systemSlow economic growthStimulate growthRaise national savings rate byreducing budget deficit orincreasing budget surplus

Economy of any country works on market activities. generally we call market demand and market supply…

Answered: DESIRABLE IMPERFECTIONS OF EXAMPLES OF…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Please read and understand every bullet of these topics/lesson below and write a detailed and simple explanation about it R-E-G-U-L-A-T-I-O-N- -O-F- -F-O-R-E-I-G-N- -E-X-C-H-A-N-G-E- -O-P-E-R-A-T-I-O-N- -O-F- -T-H-E- -B-A-N-K-S- -I-N- -T-H-E- -P-H-I-L-I-P-P-I-N-E-S- F-o-r-e-i-g-n- -E-x-c-h-a-n-g-e- -R-e-g-u-l-a-t-i-o-n-s- In line with the thrust of the Bangko Sentral ng Pilipinas (BSP) to promote a policy environment that is market-oriented and supportive of the Philippine economy’s sustained expansion, the BSP, through the International Operations Department (IOD), ensures that the country’s foreign exchange (FX) regulatory framework remains appropriate for the needs of a dynamic and expanding economy. The BSP has undertaken various liberalization measures to ease FX rules to facilitate the FX transactions by banks, public and private corporates/entities, small and medium enterprises, overseas Filipinos, and the public in general. The liberalization is being undertaken in a…
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