Macroeconomics Answers

Questions answered by Experts: 9 116

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search

, discuss the role that tertiary education can play in order to address unemployment problem in South Africa.
For the theories under the determination of exchange rates;

Give a background of the theory i.e. who originated the theory, what are the conjectures of the theory etc.



Highlight how the theory best explains the determination of exchange rates.

Do you think a floating exchange rate is a better option for protecting the value of a domestic currency versus a fixed exchange rate?

Discuss the relevance of the given theory in a South African and global perspective using empirical evidence.
Illustrate and examine how the individual supply of labour curve demonstrates the way an individual divides his/her time work and leisure
A country experiences a decrease in the price level and a rise in real output. What combination of the changes in aggregate demand and supply would generate this outcome?

Group of answer choices

A decrease in aggregate demand but no change in aggregate supply.

A decrease in aggregate supply.

A decrease in both aggregate demand and aggregate supply.

An increase in aggregate supply but no change in aggregate demand.
Complete the following statement: At below full employment equilibrium: ......... GDP exceeds .......GDP and there is …… gap.

Group of answer choices

real, potential, natural rate of unemployment

real, potential, recessionary

potential, real, inflationary

potential, real, recessionary
Which of the following will cause a shift in the short run aggregate supply curve?

(i) An increase in the full employment quantity of labour.
(ii) An increase in GDP.
(iii) A decrease in money wage.
(iv) A change in personal income.

Group of answer choices

Only i, ii and iii.

i, ii, iii and iv.

Only i and iii.

Only ii and iv.
Which of the following events would not involve a supply shock that would shift the aggregate supply curve?

(i) The Cosatu union disintegrates and the minimum wage is abolished.
(ii) African bank plc’s bad debt creates a financial crisis and that leads to reduction in money supply.
(iii) 2016 drought destroys half of the crops farmed.
(iv) A tax on sugar is levied on companies that produce sugary beverages.

Group of answer choices

Only ii is correct.

Only iii and iv are correct.

Only i and ii are correct.

Only ii and iv are correct.
Which of the following will cause a rightward shift in aggregate demand?


(i) Expected increase in firm profits.
(ii) A decrease in income tax rates.
(iii) An increase in expected future income.
(iv) A fall in the price level.

Group of answer choices

ii and iii.

i and iii.

Only i, ii and iii.

Only ii and iv.

A country experiences a decrease in the price level and a rise in real output. What combination of the changes in aggregate demand and supply would generate this outcome?



An increase in aggregate supply but no change in aggregate demand.


A decrease in both aggregate demand and aggregate supply.


A decrease in aggregate supply.


A decrease in aggregate demand but no change in aggregate supply.


Complete the following statement: At below full employment equilibrium: ......... GDP exceeds .......GDP and there is …… gap.




real, potential, recessionary


real, potential, natural rate of unemployment


potential, real, recessionary


potential, real, inflationary


LATEST TUTORIALS
APPROVED BY CLIENTS