Faculty of Economics and Business Administration Exam: Macroeconomics 3.1 Practice Exam Code: not applicable (Practice Exam) Coordinator: Prof. dr. E.J. Bartelsman Date: not applicable (Practice Exam) Time: not applicable (Practice Exam) Duration: 2 hours and 45 minutes Calculator allowed: No Graphical calculator allowed: No Number of questions: 8 (4 True/False/Uncertain Questions‚ 2 Short Problems‚ 2 Long Problems) Type of questions:
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Macroeconomic Effect of VAT on the Bahamas Teresa Taylor Omega College Macroeconomics – ECON233 Mr. C. Lunn November 26th‚ 2014 TABLE OF CONTENTS Introduction………………………………………………………………………………………..3 Value-Added Tax in the Caribbean………………………………………………………………………………………….4 Value Added Tax in the Bahamas: Reasons for Implementation…………………………………4 Debate over the Implementation of Value-Added Tax in the Bahamas…………………………..7 Suggested Alternatives to Value Added Taxation……………………………………………….13 Ensuring Maximum
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Chapter 36: Six Debates over Macroeconomic Policy 1. Should monetary and fiscal policymakers try to stabilize the economy? 2. Should the government fight recessions with spending hikes or tax cuts? 3. Should monetary policy be made by rule rather than by discretion? 4. Should the central bank aim for zero inflation? 5. Should the government balance its budget? 6. Should the tax laws be reformed to encourage saving? Debate #1 1. Should monetary and fiscal policymakers try to stabilize the economy
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Marks & Spencer is aiming to make its website more shoppable with the launch of a new content-focused ecommerce offering that it hopes will turnaround its clothing and homeware business after several quarters of declining sales. Marks & Spencer’s new tablet app The M&S.com website is designed to offer a “flagship experience” of M&S’s products. It has been more than three years in development and has been led by executive director of multi-channel and ecommerce and former Tesco.com CEO
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BU204-01: Macroeconomics Unit 5 June 17‚ 2013 Unit 5 Assignment There are 2 parts to this Assignment: PART 1: Comparing Growth Rates First‚ prepare yourself for the Assignment by reading the following three articles or webpages: Professor Dave Alber’s Lecture can be found in the Doc Sharing area of the course. Abler‚ D. (n.d.) Notes for a Lecture on Economic conditions in developing countries. Copyright permission granted September
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ECOS2002 – Intermediate Macroeconomics Tutorial Questions Topic: ‘Fiscal Policy and the Open Income-Expenditure Model’ Tutorial 2: Week 4 (19-23 August) NB: The readings for this tutorial are indicated in Topic 2 of the reading guide. 1. In the Keynesian theory of output what is mechanism that brings about the equilibrium level of output determined by aggregate demand? 2. ‘The stance of fiscal policy cannot be measured by the size of the actual budget deficit.’ Why
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is not the correct combination for a U.S. president and an important economic issue of his administration? Answer Selected Answer: President Clinton‚ inflation Correct Answer: President Clinton‚ inflation . Question 3 . Macroeconomic models are used to explain how ______ variables influence ______ variables. Answer Selected Answer: exogenous; endogenous Correct Answer: exogenous; endogenous . Question 4 . The total income of everyone in the economy
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AP Macroeconomics Study Guide – Version 1.00 Created by Charles Feng I. Basic Economic Concepts Economic Goals 1. Economic growth – produce more and better goods and services 2. Full employment – suitable jobs for all citizens who are willing and able to work 3. Economic efficiency – achieve the maximum production using available resources 4. Price-level stability – avoid large fluctuations in the price level (inflation + deflation) 5. Economic freedom – businesses‚ workers‚ consumers have a high
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ECO202 – Macroeconomics Module 2 Case Assignment Dr. Herbert Weinraub GDP: Questions: 1. Assume that consumer spending is $1‚000‚ government expenditures are $300‚ investments by industry are $150‚ and the excess of exports over imports is $200. Compute the GDP. (Please show your work) The basic formula for calculating the GDP is: Y = C + I + E + G C=1000; I=150; E=200 and G=300 Y=1000+150+200+300=1650‚ Y=1650 2. If we are able to increase our domestic energy production‚ and that allows
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Macroeconomic Conditions and Selected Trends Gross Domestic Product (GDP) is an economic indicator used to measure a country’s total output. It includes everything produced by all the people and companies in the country. In order to compare GDP from one year to the next it is important to use what is known as Real GDP. Real GDP makes a distinction by forgoing income from U.S. companies and people outside the country‚ which would contribute to GNI‚ removing the effects of inflation and only counting
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