Macroeconomics Answers

Which of these are true (more than one possible)?

a) The multiplier refers to the impact on income of a change in consumer spending.
b) The multiplier refers to the impact on income of a change in exogenous spending.
c) The multiplier refers to the impact on income of a change in money supply.

What type of firm is the cartel?

The relative price of a good is

explain two reasons why the demand for primary commodities might be price inelastic

C= 200 + 0.5Y I= 800 G= 600 X= 400 M = 300. Where: G is government expenditure, X is exports, M is imports, I is planned investment and C is household consumption.

what is the value of balance of trade?

If South African reserve Bank wants to decrease the money supply growth to curb inflation it may

provide discussion and analysis on how the recent COVID-19 outbreak can affect growth within merchandise trade in the sub- Saharan Africa region

WHAT IS REAL gdp

The Bank of Ghana (BoG) has kept the monetary policy rate at 16 percent. The policy rate is the rate at which the Central Bank lends money to the commercial banks. Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, told journalists at a press conference in January 31st, 2020 that the Bank took the decision to maintain the rate which was the 6th consecutive hold.
In an essay form, explain how the central Banks policy rate affects inflation in Ghana and its subsequent impact on Ghanaian businesses.

in the short run, the aggregate supply curve has a positive slope because?