Aggregate Supply and Demand
The Warwick MBA
Assignment Cover Sheet
Submitted by: 1267499
Date Sent: 15 April 2013
Module Title: Economics For Business Environment
Module Code: EBE
Date/Year of Module: 2013
Submission Deadline: 17 April 2013
Word Count: 1180
Number of Pages: 8 (including this)
Question: Mid Module Assignment for EBE
“This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion.
No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.”
Mid-module assessment
Please note that this mid-module assessment counts for 20% of your final EBE module mark. 1. Use the AS/AD framework to show the separate effects on GDP, inflation and public sector borrowing on any single national economy of: a. a cut in the rate of corporation (profits) tax b. an increase in the rate of VAT (sales tax) c. a slowdown in the GDP growth of world trade.
Make sure that you include clear and appropriate diagrams for this question 2. Choose an economy. Analyse the main effects of a large cut in its government spending
Question 1 counts for 45 marks and question 2 counts for 55 marks. The guide TOTAL word limit (for both Questions 1 and 2 inclusive) is 1,000 words.
The deadline for submitting this assignment is 17th April 2013.
Answers: A. A cut in the rate of Corporation (Profits) Tax
The reduction of Corporation tax rate on profits will enhance the reserves of the business by less liability towards the Exchequer and more reserves will be maintained for the shareholder’s equity or the growth of the business leading to increased capital spending and efficient
Assignment Cover Sheet
Submitted by: 1267499
Date Sent: 15 April 2013
Module Title: Economics For Business Environment
Module Code: EBE
Date/Year of Module: 2013
Submission Deadline: 17 April 2013
Word Count: 1180
Number of Pages: 8 (including this)
Question: Mid Module Assignment for EBE
“This is to certify that the work I am submitting is my own. All external references and sources are clearly acknowledged and identified within the contents. I am aware of the University of Warwick regulation concerning plagiarism and collusion.
No substantial part(s) of the work submitted here has also been submitted by me in other assessments for accredited courses of study, and I acknowledge that if this has been done an appropriate reduction in the mark I might otherwise have received will be made.”
Mid-module assessment
Please note that this mid-module assessment counts for 20% of your final EBE module mark. 1. Use the AS/AD framework to show the separate effects on GDP, inflation and public sector borrowing on any single national economy of: a. a cut in the rate of corporation (profits) tax b. an increase in the rate of VAT (sales tax) c. a slowdown in the GDP growth of world trade.
Make sure that you include clear and appropriate diagrams for this question 2. Choose an economy. Analyse the main effects of a large cut in its government spending
Question 1 counts for 45 marks and question 2 counts for 55 marks. The guide TOTAL word limit (for both Questions 1 and 2 inclusive) is 1,000 words.
The deadline for submitting this assignment is 17th April 2013.
Answers: A. A cut in the rate of Corporation (Profits) Tax
The reduction of Corporation tax rate on profits will enhance the reserves of the business by less liability towards the Exchequer and more reserves will be maintained for the shareholder’s equity or the growth of the business leading to increased capital spending and efficient