Based on the transmission mechanisms which Channels are more applicable on South Africa?
Consider the following information for a hypothetical economy: C= 200+0.75(Y-T) I=G=250 T=200 where, Y=C + I + G All figures are in millions except the measures of responsiveness. A. What is the value of marginal propensity to save(mps)?(2pt) B. Find the equilibrium level of national income (2pts) C. Find the government expenditure multiplier? Using this multiplier, find the effect of 50 million increases in government purchase on equilibrium income? (2 pts)
What is the island aggregate expenditure equation?
Discuss Development Economic Plans since 1994 in South Africa.
1. Reconstruction and Development (RDP)
2. Growth, Employment and Redistribution (GEAR)
3. Integrated, Sustainable Rural Development Programme (ISRDP)
4. Urban Renewal Programme (URP)
5. Accelerated and Shared Growth Initiative for South Africa (AsgiSA)
6. Joint Initiative on Priority Skills Initiative (JIPSA)
7. New Growth Path
8. National Development Plan
PROVINCIAL Development Plan for any PROVINCE IN SOUTH AFRICA
PROVINCIAL Development Plan for any PROVINCE IN SOUTH AFRICA
PROVINCIAL Development Plan for any PROVINCE IN SOUTH AFRICA
C=500+0.4Yd, MPS = 0.6, I = 500, G = 700, X = 200 and M=50+0.2Y the Tax rate is 20% of Y. The population is 90 people. Calculate NI equilibrium