Monroe College Instructor: Carlo Auguste Take home test 2 Student name : James Demesvar Macroeconomics I. Current event questions a. Summarize the history (creation) of the Central Bank of the US Re: The First Bank of the United States was founded after the revolutionary war in 1795 - 1797 . The United States was in debts cause by the War. Therfore‚ President Alexander Hamilton advised of the bank to handle the colossal war debt and also create some kind of currency. b. Give the full
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MACROECONOMICS POLICY AND SUSTAINABLE DEVELOPMENT IN NIGERIA INTRODUCTION In normal economic condition‚ macroeconomic policy drivessustainable development of anation. The two main branches of macroeconomics policies are based on monetary and fiscal economics. Central Bank‚ the nationalapex bank controls the monetary policy while the Ministry of Financeplays major role in national fiscal policy. However‚ most economists concur that‚ synergy exists between micro-and macro-economics variables and
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macroeconomists focus on GDP (gross domestic product) in which measures the national output‚ unemployment‚ and inflation. In order to get a complete understanding of macroeconomics and how it impacts business operations‚ we must understand how money is made and the monetary policy. We also need to understand how the monetary policy will affect issues such as inflation‚ unemployment‚ and interest rates. Unemployment The unemployment rate gives macroeconomists an idea of how many people from the labor force
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SRI LANKA Macroeconomics analysis Section C Group 4 Akhil Jain – 2C Anuj Agarwal – 6C Pranav Arora – 30C Shraddha Jha – 45C Vaibhav Srivastava -53C Vinit Patil – 55C INDEX 1. Overview 2. Macroeconomic Performance Indicators 3. Macroeconomic Challenge 1 4. Recommended solution to Macroeconomic challenge 1 5. Macroeconomic Challenge 2 6. Recommended solution to Macroeconomic challenge 2 7. Macroeconomic Challenge 3 8. Recommended solution
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Midterm Examination Macroeconomics Name:______________________ Course:__________________ Year/Section:________________ Score:___________________ 1. _______________behavior of learning that specializes on the study of economic activities on the aggregates level. 2. _______________two factors that are the main 3. _______________influences that determine the performance of an economy. 4. _______________revolutionized economic thought in clearly outlining how the government
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education‚ ensuring that future generations will benefit from resource wealth. The economy has been diversified horizontally‚ from commodities to non-commodities. Openness to foreign investment and labor helped promote the development of non-resource industries. Malaysia has also diversified vertically‚ from raw commodities to processed goods. From oil and gas‚ Malaysia moved on to building refineries and fertilizer plants. The diversification of the economy helped Malaysia avoid volatility from commodity
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disadvantages of variable costing Many managers use variable costing for internal reporting and decision making since it has number of advantages (Myers par. 1). First‚ on variable costing reports costs are organized by behavior which makes it easier to understand. Also‚ variable costing statements facilitate cost volume profit (CVP) analysis because it separates cost behavior by fixed and variable. Under variable costing‚ changes in inventory or production do not affect the net operating
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Kulula.com by critically evaluating the following strategic concerns: What are the importance attributes and the positions of the airlines within the South African domestic and international passenger airline industry? What are the Key success factors in the low-cost airline industries? (40 marks) Would the marketing strategy still be appropriate or would certain aspects of it need to be modified as kulula.com became more established and the macro and competitive environment changed
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| IS THERE A CORE OF PRACTICAL MACROECONOMICS THAT WE SHOULD ALL BELIEVE ? | | ATULUKU ORIYOMI | | ECON-8220-001:SEMINAR IN MACRO THEORY | 8/30/2011 | | The IS curve is the functional relationship between real output and real interest rates derived from behavioral determinants of spending such as (endogenous variables) wealth‚ income‚ interest rates‚ government budget and so on. The sensitivity of investment to interest rates is uncertain or questionable in nature. Nonetheless
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Assignment 2 The three major macroeconomic goals of an economy should be economic growth‚ low unemployment/full employment‚ and low inflation rates. Economic growth occurs when an economy ‘increases its ability to produce goods and services’ (AmosWeb‚ 2012). The growth or loss of the economy is measured by the production of goods made in a year compared to the production of goods made in the previous year. If there is a greater production of goods and services in the present year‚ then there has
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