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Macroeconomics
Market failure is usually the result of:
Select one:
a. Externalities
b. Public goods
c. Market power
d. Asymmetric information
Select one:
a. Externalities
b. Public goods
c. Market power
d. Asymmetric information
Macroeconomics
why is a high saving ratio not a requirement for funding a high ratio of investment to to GDP over the longer term?
Macroeconomics
1:What is GDP deflator and how does it differ from the consumer price index
2:discuss the three approaches of measuaring national income? and show that approaches gives indentical result.
2:discuss the three approaches of measuaring national income? and show that approaches gives indentical result.
Macroeconomics
what are the difference between GDP and GNP and which is the better measure of income and .why?
Macroeconomics
In the labour market for carpenters, the current market clearing wage rate is R800 per day. With the
aid of a diagram, discuss the welfare effects of government intervention in the form of legislation that
sets the minimum wage rate for a carpenter at R1000 per day
aid of a diagram, discuss the welfare effects of government intervention in the form of legislation that
sets the minimum wage rate for a carpenter at R1000 per day
Macroeconomics
discuss a factor that could cause an inward shift
Macroeconomics
c. Explain the combined effects of these events on Fiji’s real GDP and the price level, starting from a position of long-run (full employment) equilibrium.
Macroeconomics
What is federal open market committee?
Macroeconomics
5
a. Is there an apparent relationship between low savings ratios and the ratio of foreign debt to GDP? Explain. (2 marks)
b. Can a nation fund its investments at a level higher than that currently provided by its income? Explain. (2 marks)
c. What are the probable longer-term implications of this type of behavior? (2 marks)
d. Is a high savings ratio a requirement for funding a high ratio of investment to GDP over the longer term? Explain. (2 marks)
a. Is there an apparent relationship between low savings ratios and the ratio of foreign debt to GDP? Explain. (2 marks)
b. Can a nation fund its investments at a level higher than that currently provided by its income? Explain. (2 marks)
c. What are the probable longer-term implications of this type of behavior? (2 marks)
d. Is a high savings ratio a requirement for funding a high ratio of investment to GDP over the longer term? Explain. (2 marks)
Macroeconomics
Question 4: Topic 9 Money, Banking and Interest Rate
The rate of interest is a price:
a. Of what is it the price? (1 mark)
b. What determines this price? (Sketch a relevant graph of the money market). (2 marks)
c. What factors influence the demand for money? (2 marks)
d. What factors influence the supply of money? (2 marks)
e. If the money market is in short-run equilibrium, explain the adjustments that will take place for: i) an increase the in money supply (2 marks)
ii) increase in the demand for money (2 marks)
The rate of interest is a price:
a. Of what is it the price? (1 mark)
b. What determines this price? (Sketch a relevant graph of the money market). (2 marks)
c. What factors influence the demand for money? (2 marks)
d. What factors influence the supply of money? (2 marks)
e. If the money market is in short-run equilibrium, explain the adjustments that will take place for: i) an increase the in money supply (2 marks)
ii) increase in the demand for money (2 marks)
