Tanzania A M acroeconomic Analysis 1 2/15/2011 1 CONTENTS Sl. NO. TOPIC PAGE NO. 2 1. General Overview of Tanzania 2. Macroeconomic Performance in the recent past 3. Macroeconomic Difficulty-1 § Overview § Possible Solutions 8 10 Macroeconomic Difficulty-2 § Overview § Possible Solutions 12 13 References 14 4. 5. 3 2 The United Republic of Tanzania is a nation in Eastern Africa which was formed in 1964 with the union of
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THE UNIVERSITY OF THE WEST INDIES OPEN CAMPUS SEMESTER I √ SEMESTER II □ √ SUPPLEMENTAL/SUMMER SCHOOL □ Examinations of December / April/May □ / July □ 2011 Time: Paper No: Course Code and Name Title: ECON1002 INTRODUCTION TO MACROECONOMICS Date: Duration ___2_______Hrs. Materials required: Answer booklet: Calculator: (where applicable) √ Programmable □ Normal Numerical Special □ Not Required □ Non Programmable Alphabetical √ Included Multiple Choice Answer
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Principles of Macroeconomics / Microeconomics Your Name:___Yurui Yao_____________________ Instructor: Jim Borer‚ MBA Homework Assignment #3 due by 11:59 PM on February 7 (100 points) Part 1: Answer the following multiple choice (MC) questions (you may highlight‚ bold‚ or enter a letter in the blank – 2 points each): 1. __D____ If the price of a sub sandwich increases by 2% and the quantity demanded falls by 5%‚ then there will be a. an increase in the price elasticity of demand. b. an increase
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Monroe College Student’s name: Macroeconomics Quiz 1 Class & Section: All answers must be typewritten 1. The general concern of economics is with the study of the ( ) a. degree of competition in stock and bond markets in the economy. b. efficient use of limited productive resources to satisfy economic wants. c. issue of equality in the distribution of income and wealth among households. d. budget deficits in the domestic economy and trade deficits in the international
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Macroeconomics textbook notes Chapter 2: A Tour of the Book 2.1 Aggregate Output Aggregate: means “total” The measure of aggregate output in the national income accounts is gross domestic product (GDP) 3 ways of thinking about an economy’s GDP GDP is the value of the final goods and services produced in the economy during a given period Intermediate good is a good used in the production of the final goods and is not counted toward GDP GDP is the sum of value added in the Economy during a given
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Macroeconomic analysis of Australia Australia’s economy is the world’s top 10 and is shown to be stable during the past 20 years. The GDP growth rate‚ averages 3.5% and the GDP per capita is increasing‚ meaning that people have bigger buying capability and would be willing to purchase B&O’s expensive products. Unemployment rate has grown dramatically‚ despite declining for several years‚ it has jumped to 6.2% in 2014 which was caused by lack of available positions‚ rather than lack of relevant experience
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Principles of Macroeconomics Homework 1 Please write down your answers as clearly as possible. 1. Below are some data from the land of milk and honey. Year 2008 2009 2010 Price of Milk $1 $1 $2 Quantity of Milk 100 quarts 200 200 Price of Honey $2 $2 $4 Quantity of Honey 50 quarts 100 100 a. Compute the nominal GDP‚ real GDP‚ and the GDP deflator for each year‚ using 2008 as the base year. Calculating nominal GDP: 2008: ($1 per qt. of milk 100 qts. milk) + ($2 per qt. of honey 50 qts.
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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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forty (40) marks. Suggested time for this section is sixty (60) minutes. Please record your answers on the examination answer sheet provided. Question 1 The definition of the term ’long run’ is based directly on: a) time. b) macroeconomic adjustment. c) the natural level of output. d) the balance of trade. Question 2 The underground economy is : a) a term applied to the mining industry. b) that part of the economy that is not measured in official GDP data
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Fundamentals of Macroeconomics Paper Ken Thompson 08/05/2013 Blake Bennett Table of Contents I. Introduction II. Define and Explain the Following Terms A. Gross Domestic Product (GDP) B. Real GDP C. Nominal GDP D. Unemployment Rate E. Inflation Rate F. Interest Rate III. Explain How These Activities affect Government‚ Households‚ and Businesses A. Purchasing of Groceries B. Massive Layoffs of Employees C. Decrease in Taxes III. Conclusion
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