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- 1. Identify THREE public policies that can stimulate employment and facilitate economic growth in an economy. a. Use examples to clearly illustrate how EACH policy can stimulate employment and facilitate economic growth in the Country of Grenada.Identify 4 public policies that can stimulate employment and facilitate economic growth in an economy.1. Identify THREE public policies that can stimulate employment and facilitate economic growth in an economy. Use examples to clearly illustrate how EACH policy can stimulate employment and facilitate economic growth.
- Is inflation likely to be a severe problem for at least some high-income economies in the near future?What are the factors, why volume of production of rice in Central Luzon (Philippines) decreased in year 2020 compare to 2019?What are our nation’s major macroeconomic goals? Are they in conflict with each other? Under what conditions would a nation be able to currently produce more of both consumer and capital products?
- Identify THREE public policies that can stimulate employment and facilitate economic growth in an economy.Question 5 Sort the items below according to whether they promote economic growth, inhibit economic growth, or have no effect on economic growth A. The use of competitive markets to allocate goods and services A. Promote economic growth A. The creation of a price floor on sugar B. inhibit economic growth A. Laws preventing industrial espionage C. No effect on economic growth Clear laws regarding the transfer of property A corrupt government The development of regulations that make creating a small business difficult A. B. B. B. A nation's central bank declares it will print money to pay for government expenditures. A Moving to another question will save this response. O D 2: hp 51°F8. When countries experience a rise in income over time which of the following sectoral changes is most likely to occur? A. The car manufacturing sector's output as a % of GDP will decrease B. The tourism sector's output as a % of GDP will increase C. The consumer electronics sector's output as a % of GDP will decrease D. The agricultural sector's output as a % of GDP will increase 7. The demand for coffee from a local coffee shop has an income elasticity of +0.6. After an 8% rise in average incomes the demand for the coffee sold by the coffee shop is expected to: A. Increase by 4.8% Decrease by 4.8% B. C. Increases by 13.3% D. Decrease by 13.3% 8. The diagram shows the market for second-hand cars in a recession when real incomes are falling. From the information in the diagram the most likely conclusion that can be made is: A. The price of new cars has fallen B. The price of second-hand cars has fallen C. The YED of second-hand cars is negative D. Second-hand cars are normal goods 9.…
- What is the Demand growth rate?What are the three important macroeconomic goals about which most economists, and society at large, agree? a. economic growth, zero unemployment, and falling prices b. economic growth, low unemployment, and a balanced budget c. economic growth, high employment, and stable prices d. economic growth, a balanced budget, and balanced international trade2.1 Differentiate between economic expansion and contraction. Providing evidence from appropriate academic sources, identify if South Africa is currently experiencing an expansion or contraction and motivate your answer.
