answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q.No Question Marks Total Marks 1 Economic policies refer to the monetary and fiscal policies that affect the growth rate of the economy. Discuss in detail these policies. 10 Explain fiscal policy 5 Explain monetary policy 5 2 3 4 5 Differentiate between capitalist and socialist economies. Differences between capitalist and socialist 10 economies 10 Discuss the Industrial laws
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Shinzo Abe announced plans to apply new economic policies-on turning around his country’s “dying” economy. Some of the problems are a weak consumer spending ‚ low growth‚deflation (Reduction of the general level of prices in an economy)‚ an ageing population and inactivity. Abe inspired a plan called "Abenomics‚" takes three different steps or to approach the debt. It will help to increase the economy through monetary (relating to money)‚ fiscal stimulus (An increase in public spending or a reduction
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Recovery Stage Norma Morales nmorales1361@yahoo.com Content Introduction…………………………………………………………………………...page Subtitle 1 ……………………………….………………….………………………… page Subtitle 2 ……………………………….………………….………………………… page Conclusion………………………………………………………………………....... page References………………………………………………………………………....... page Recovery Stage The economy has shown signs of improvement over the last couple of years. For example‚ the housing market has begun to rebound with property values starting
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resources to achieve their goals‚ (1) natural resources; (2) capital; (3) human resources; and (4) entrepreneurship (McGowan‚ 2011) So while they are different they operate the same way. Discuss the impact of current fiscal and monetary policy on the economy. The fiscal policy refers to the government efforts to influence the economy through taxation and spending decisions that are designed to encourage growth‚ boost employment and curb inflation (McGowan‚ 2011). Every year the government is
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Business Decision Making Students Name: Lecturers Name: Unit Title: Submission Date: Table with the risks and weigh of their relative importance against the rate of return that I foresee for my companyaswell as a plan of overcoming the risks Risk Importer Exporter L/M/S How to Overcome It Economic conditions Poor economic conditions will affect my imports. Poor economic conditions in other countries will affect my exports. If the demand for my imports is down‚ I will conduct marketing
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(2013) outline the two dominant fiscal tools that accomplish a reduction in the government deficit in the short run: increasing taxes and decreasing government spending. Such manipulation of fiscal policy is called fiscal consolidation. In conjunction with this question‚ the behavioral equations dictate that the endogenous variables in this closed economy are consumption‚ disposable income and investment. This essay will analyse and evaluate the effects of each fiscal tool on all endogenous macroeconomic
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in Greece‚ its short-comings‚ and how I would remedy the situation if I were in charge. I state that the main problem is Greece’s austerity policy that the government has been enforcing due to the countries large debt burden. I suggest that the country should enact an expansionary fiscal policy to dig them out of recession‚ and I explain how this type of policy would benefit Greece given their situation. The Greek economy is currently in the middle of a depression of the same magnitude of the Great
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Fiscal policy in Malaysia 1. Background In the 1970s‚ the Malaysian government played a key role in the economy. The government ventured beyond its traditional functions and took on a more direct and active role in the country’s overall social and economic development process. This period saw the government’s direct participation in the private sector through the establishment of large commercial enterprises. Government participation in the economy expanded further in 1980-82 as it pursued
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assistant manager for Skanska I have been asked by my manager to explain how fiscal and monetary policy decisions affect the business in which I work. To undertake this task I will provide explanation of the fiscal and monetary policies. I will also explain what interest rate is and what could be possible changes on it. Additionally‚ I will explain how both policies could make changes in employment level. Fiscal policy Economic climate is essential to be controlled within every single county because
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