EBK MACROECONOMICS
EBK MACROECONOMICS
13th Edition
ISBN: 8220106847848
Author: PARKIN
Publisher: Pearson Education (US)
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Chapter 5.2, Problem 4RQ
To determine

Determine the factors that cause to change the natural unemployment rate.

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On the 1st of April 2018, the South African National Treasury increase the value-added tax rate from 14% to 15%. This policy change had a wide-ranging impact on society. Discuss some of the benefits and drawbacks of making use of this type of tax to generate government revenue and what we may expect in terms of its impact on inflation and GDP growth within the economy.   Please use some of the economics graphs to explain some scenarios
Eskom is South Africa’s monopoly power producer which the majority of South Africans depend on. Suppose there is extensive deregulation in the power industry. What is the impact of this deregulation on the industry? Help me on discussing the new market structure as well as the impact on supply and demand.     Use the relevant diagrams.
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