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TaskThe objective of this project is for you to write up a macroeconomic outlook report for Germany, the largest economy in the Eurozone, as if you were working for an investment bank, consultancy firm or a government agency. The report has a word limit of 1,000 words (not counting the bibliography, section headings and table and figure captions). The main resources for your report will be: i. Data downloaded from the website https://stat...
Answer all of the following questions and submit your assignment by 4:00 pm on the due date through UM Learn. Submit 1 Excel file and 1 .pdf or Word document. Please get in touch with me via email with any questions. 1. Throughout this semester, we have been working with the so-called “household income – food expenditure ...
Task1. Suppose the economy reaches equilibrium GDP at $625,000 while potential GDP is at $850,000. Currently G=$110,000 while taxes are equal to 0.1Y (where Y is the same as real GDP). (38 points)a. How large is the recessionary gap in this economy?b. At equilibrium GDP, is there a budget surplus or deficit? Solve for the value of this surplus or deficit.c. At the potential GDP, is there a surplus or deficit? Solve for the va...
Fixed and Flexible Exchange Rates1. In the past few years, a number of policy makers (especially in Asian countries) have expressed their dissatisfaction with flexible exchange rates and have advocated a return to fixed rates. You have been asked to advise the CEO of your company on the relative abilities of fixed and flexible rates to stabilize economy (keep equilibrium GDP at a constant level) in the face of temporary shocks. a...
Exercise 1: Writing a Story about a Relationship Applying Comparative Advantage ConceptThe assignment will be about applying what you were told in class to your own life. Administrative particulars Please use the font size at least 11. As of the rest – style, number of pages, etc. – it is completely up to you. I do not evaluate your assignment based on the literary criteria or number of pages. List all the sources you have ...
How can government reduce negative externalities?Unless the government intervenes, there will be too much production of products that have negative externalities.Examples:Too much paper (causing too much pollution)Too much driving (causing too much climate change)Too much playing loud music in apartments (causing too many disturbed neighbors) Too much of the human industrial activity that causes climate change (causing the sea level to rise, t...
Major Forces Shaping the Global Business EnvironmentRecognise the major forces shaping the global business environment and gain an understanding of the changing global business environment; Apply relevant business models (Porter’s Diamond, Value Network, and Five Forces) within the context of an international environmental analysis (PESTEL); Identify and critically evaluate the reasons why organisations engage in international trad...
Industry OverviewChoose an industry that interests you. (Remember, industry is not a company. An industry is a group of companies doing the same thing. Ford is a company. Automobile manufacturing is an industry.) I chose the Coffee Industry. - Do research on your industry. In a few short paragraphs, describe your selected industry. - Be sure to write in your own words. - Identify the goods and/or services the industry provides. - Identify some o...
BackgroundNote that late submissions will not be accepted unless full details of extenuating circumstances are provided. For extenuating circumstances please see the link on the University website. If you have any query about extenuation please contact the Student Services Advisor University of Greenwich is considering eliminating the use of trays in the university campus’ cafeteria as a way of reducing energy costs and fulfilling the un...
Background and ObjectiveThe US real GDP growth data from Problem Set 1b and Project 1 were updated with three new explanatory variables, and the expanded data set is posted in an Excel file. LOCKDOWN is a dummy or binary variable that equals one for countries that imposed a national lockdown before April 1 (i.e., before the second quarter of 2020 started) and equals zero for all other countries. FIRSTCASE is the number of days into 2020 when t...
TaskProfessor John Gilbert announced to his chair in the Department of Chemistry on June 25, 2012 that he intended to retire from Western University (Western) in London, Ontario on December 31 that year. On December 5, 2012, he received a message from the Pensions Group in Western’s Human Resources Department asking him to come in and discuss how he wanted to manage his pension fund, both in terms of providing pension income ...
Question: This assignment think of yourself as a consultants and your team has been hired to develop an e-commerce marketing plan for any business product or service. Your team must work together (groups 4-5) to develop a detailed marketing plan how to launch a business online. You are given the option to choose if you want to market a product or service. The client wants to see how you will market their company online. The client is loo...
Assessment DetailsAdditional Information : • This is an individual assessment, marked individually.• No extensions are available for this assessment.• Mitigation: The deadline for submission of mitigation in relation to this assignment is no later than five working days after the submission date of this work. Please contact the Director of Studies Team [email protected]. See rules 6.112 – 6.141:http://web.anglia.ac.uk/...
Module Learning Outcomes AssessedIn their study on the impact of healthy food vouchers, Griffiths, Von Hinke and Smith (2015) make the following statement “We show that the way in which the vouchers affected spending was fully in line with the predictions of standard economic analysis. That is, there was a large effect on spending among a subset of recipient households who were distorted. For other, infra-marginal households,...
What is Gross Domestic Product and how is it calculated?Countries measure the health of their economies in many ways such as unemployment rates, consumer confidence, and Gross Domestic Product (GDP). Gross Domestic Product is a measurement of the amount of goods produced by a country in one year. If that number increases, our economy is growing, whereas a decrease would indicate a shrinking economy. To calculate expenditure GDP we add up all o...
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