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Macroeconomics
Is an increase in unemployment rate necessarily a good thing for a nation? Expain
Macroeconomics
How do we measure gross domestic product, what are the different formulas for measuring GDP?
Macroeconomics
Explain the difference between competitive and monopsonistic labor markets. How does the
monopsonistic firm optimize its choice of optimal labor?
Macroeconomics
examine the data in appendix of chap 19 locate the nominal and real gdp. calculate gdp deflator what are the growth of rate of real gdp and nominal gdp for 2007? what are the rate of inflation for 2007?Compare the rate of inflation using the GDP deflator with that of using CPI.
Book:Paul Samuelson 19th edition.
Book:Paul Samuelson 19th edition.
Macroeconomics
Advise the government on how to promote industrial development in South Africa
Macroeconomics
Countries from the North are mainly responsible for damaging the ozone layer through mass production and consumption. Briefly explain the failures of the international measures in addressing environmental problems
Macroeconomics
Discuss the fact that savers prefer channeling their funds through financial intermediaries than lending them directly to borrowers. [12]
Macroeconomics
Using a well labeled diagram, Discuss the concept of financial intermediation.
Macroeconomics
Distinguish between income elasticity of demand and cross elasticity of demand
Macroeconomics
Using graphs, explain how interst rate works in the classical system to stabilise aggregate demand in the face of autonomous changes in components of aggregate demand such as investment or government spending.
