Macroeconomics Answers

All governments will have various macroeconomic objectives and will intervene in the economy to try to achieve these: For example, the government may want to achieve: Full employment, economic growth, stable prices and an appropriate level of export spending relative to imports. To what extent do you think as a business manager the government of PNG is successful at managing the economy at the moment on the basis of the above objectives?

Covid-19 pandemic has significantly reduced international trade of all the countries in the world.
a). Discuss the pros and cons of the above statement for a major importing country like Ghana.
b). Proffer solutions to the problems you have suggested in part (a).

Based on your knowledge of the flexible accelerator model of investment, suppose you have information on initial capital stock in year 2009 to be Ȼ10,000, and that desired capital stock is Ȼ80,000. If the factor by which firms plan to close the gap between desired capital stock and actual capital stock is 0.15, how many years will take for the firms to meet the desired capital stock?

If prices (measured in CPI) tripled and nominal wages triple, what would happen to real wages

What are the factors of measuring economic performance

Based on your knowledge of the flexible accelerator model of investment, suppose you have information on initial capital stock in year 2009 to be Ȼ10,000, and that desired capital stock is Ȼ80,000. If the factor by which firms plan to close the gap between desired capital stock and actual capital stock is 0.15, how many years will take for the firms to meet the desired capital stock?

Explore the following arguments from both supporting and opposing perspectives ( I don’t expect you to copy from the slides), in your own words, in favor of restricting international trading: a. Infant Industry Argument b. Anti-Dumping Argument

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.

Explain how Savings, Investment & Education can aid an economy in promoting economic growth. Discuss all the aspects that are relevant to the three mentioned parameters, if a government wants to pursue policies to promote these said parameters.

Explain in details three (3) tools that a government can utilize while deploying expansionary/contractionary Monetary Policy.