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Macroeconomics
With the aid of illustrations discuss the relationship between a firm’s total revenue curve and demand curve
Macroeconomics
explain diagrammatically, If the current pandemic (corona) is a negetive demand side shock, how the economy enters the short run equilibrium and will transition back to long run equilibrium (explain movement of shift curve). list and discuss two basic cause of recession.
Macroeconomics
Cheque is quasi money
A) True
B) False
A) True
B) False
Macroeconomics
What is short run aggregate supply
Macroeconomics
According to a ford press release on April 2013 , Quantity of fuel efficient for cylinder Ford fusion board rules by 4% in the first quarter from 2012 to 2013. Over the same. Cording to daughter from national resources Canada the average price of regular gasoline rose by 8.5%. calculate the gross price Elasticity of demand between Ford fusion and regular gasoline. according to your estimate of the cross price Elasticity are the two good compliments or substitutes? Does your answer make sense?
Macroeconomics
Suppose the US government imposes a tariff on Asus graphics cards that are imported into the US. Explain the impacts (different groups of the economy will be affected) using diagrams. *
Macroeconomics
Evaluate, using an appropriate diagram, the effectiveness of the use of fiscal policy as a method of achieving the UKs macroeconomic objective (20 marks)
Macroeconomics
Evaluate, using an appropriate diagram, the effects of reducing the subsidy for university education (20 marks)
Macroeconomics
Calculate National income by income method and expenditure method:
Items Rs in Crores
Subsidies 5
Private Final consumption expenditure 100
NFIA -10
Indirect taxes 25
Rent 5
Government Final consumption expenditure 20
Net domestic fixe capital formation 30
Operating surplus 20
Wages 50
Net exports -5
Addition to stock -5
Social security contribution by employers 10
Mixed income 40
(
Items Rs in Crores
Subsidies 5
Private Final consumption expenditure 100
NFIA -10
Indirect taxes 25
Rent 5
Government Final consumption expenditure 20
Net domestic fixe capital formation 30
Operating surplus 20
Wages 50
Net exports -5
Addition to stock -5
Social security contribution by employers 10
Mixed income 40
(
Macroeconomics
To ensure food security in the Savannah Region of Ghana, the Chief Executive of Northern
Development Authority (NDA) has proposed a ten (10) year investment in irrigation for the
agricultural sector. This project is to be implemented in all the districts of the Region. The
flow of annual gross benefits and costs of this proposed project are given in the Table below.
Table 1 Discounted resource flow for the project of in millions of Ghana cedis
Year Total costs (GHS) Total Benefits (GHS)
0 1000 0
1 100 0
2 45 90
3 98 120
4 64 132
5 64 148
6 95 103
7 80 100
8 122 155
9 99 161
10 86 902
Using a discount rate of 10% and conversion factors of 1.2 and 1.1 for every cost item and
every benefit item respectively, calculate the following indices of the project and comment on
your results:
(a) The Economic Benefit/Cost Ratio
(b) The Economic Net Present Value
Development Authority (NDA) has proposed a ten (10) year investment in irrigation for the
agricultural sector. This project is to be implemented in all the districts of the Region. The
flow of annual gross benefits and costs of this proposed project are given in the Table below.
Table 1 Discounted resource flow for the project of in millions of Ghana cedis
Year Total costs (GHS) Total Benefits (GHS)
0 1000 0
1 100 0
2 45 90
3 98 120
4 64 132
5 64 148
6 95 103
7 80 100
8 122 155
9 99 161
10 86 902
Using a discount rate of 10% and conversion factors of 1.2 and 1.1 for every cost item and
every benefit item respectively, calculate the following indices of the project and comment on
your results:
(a) The Economic Benefit/Cost Ratio
(b) The Economic Net Present Value
