Questions
Answer the following questions: A- What is discretionary and non-discretionary fiscal policy? B- What are the...

Answer the following questions:

A- What is discretionary and non-discretionary fiscal policy?

B- What are the available tools of fiscal policy?

C- What is monetary policy and who conducts it?

D- What are the available tools of monetary policy?

Using these introductory questions, present a detailed essay-type analysis, with all the information from a reliable source, of what consists of at least three fiscal policy incentives and one monetary policy incentive as a consequence of the COVID-19. In total, at least four economic incentives that apply in Puerto Rico and/or the United States must be presented. In its analysis it must present a sequence of expected impact on the aggregate demand and aggregate supply curves and what the main incentive objective should be on the country's economic growth. It must present its arguments with all the analysis discussed in the course of the expected sequence of positive and negative reactions on the macroeconomic balance, identifying what type of fiscal and monetary policy is being activated and which macroeconomic variables (consumption, investment, government expenditure, exports and imports) are expected to be impacted.

In: Economics

Locate a recent article (published within the last year) that addresses the unemployment theory and unemployment...

Locate a recent article (published within the last year) that addresses the unemployment theory and unemployment rate of your selected country. Analyze your selected country's unemployment rate and how the key economic indicators align with the current phase of the business cycle. Include the following in your discussion.

  • Identify how unemployment is calculated.
  • Describe the different types of unemployment and state which type of unemployment you believe impacts your chosen country the greatest.
  • State your selected country's unemployment rate.
  • Discuss the four phases of the business cycle.
  • Align the current phase of the business cycle with your selected country.

In: Economics

The following graph shows the aggregate demand curve in a hypothetical economy. Assume that the economy's...

The following graph shows the aggregate demand curve in a hypothetical economy. Assume that the economy's money supply remains fixed Aggregate Demand 160 Aggregate Demand 150 140 130 120 02 110 t 100 90 80 0 100 200 300 400 5 600 700 800 REAL GDP (Billions of dollars) Which of the following are reasons the aggregate demand curve is downward sloping? Check all that apply. A lower price level leads to a lower interest rate. A higher price level makes domestically produced goods more expensive than foreign goods. A lower price level increases consumption through the income effect. As the aggregate price level rises, the purchasing power of households' saving balances will causing the quantity of output demanded to This phenomenon is known as the effect.

In: Economics

Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline...

Airlines and hotels have many frequent-flyer and frequent-visitor programs in which individuals who fly the airline or stay at the hotel receive bonuses that are the equivalent to discounts.


Give two reasons why these companies have such programs rather than simply offering lower prices.


Can you give other examples of such programs?


What is a likely reason why firms whose employees receive these benefits do not require their employees to give benefits to the firm?


In: Economics

Explain the South Korean international trade by one or two trade theories (example: Heckscher-Ohlin model difference...

Explain the South Korean international trade by one or two trade theories (example: Heckscher-Ohlin model difference in resources, gravity model difference in economic scale and distance)

In: Economics

Briefly discuss five (5) ways in which economic planning can be used to reduce the economic...

Briefly discuss five (5) ways in which economic planning can be used to reduce the economic impact of global pandemics such as the Corona Virus in the future.
[30 marks]

In: Economics

Briefly discuss five (5) ways in which economic planning can be used to reduce the economic...

Briefly discuss five (5) ways in which economic planning can be used to reduce the economic impact of global pandemics such as the Corona Virus in the future.
[30 marks]

In: Economics

Briefly discuss five (5) ways in which economic planning can be used to reduce the economic...

Briefly discuss five (5) ways in which economic planning can be used to reduce the economic impact of global pandemics such as the Corona Virus in the future.
[30 marks]

In: Economics

Subject: Business Law George Company Limited (GCL) is desirous of purchasing ventilator machines to enhance its...

Subject: Business Law

George Company Limited (GCL) is desirous of purchasing ventilator machines to enhance its operations of its employee’s medical service company, due to the increase of the Covid 19 related illnesses in Trinidad. The Operation Manager of GCL has located an ideal ventilator machine in China from Wuhan Machine Services Limited (WMSL). GCL has dealt with WMSL over the last 10 years on several business matters, but never with respect to ventilator machines. Mr. Noitall from GCL, developed specifications of the ventilator which they required and emailed it to WMSL. WMSL submitted an offer to GCL which consist amongst other information the following,” the ventilator will be of the same type submitted to other companies in Trinidad and Tobago” It also included information on price, freight on Board etc. GCL accepted WMSL’s offer via official letter dated the 3rd March 2020. Mr. Noitall on a subsequent visit to Jetson Incorporated saw that they had the same ventilators that GCL ordered from WMSL and requested from Jetson’s management to take a closer observation at its engineering capabilities. However, to his amazement, it was of a very poor standard and he subsequently reported that fact, to his executive management. GCL immediately decided via email to inform WMSL that they are no longer interested in purchasing the ventilator machines. WMSL responded shortly thereafter to GCL’s email and advised GCL that they had a valid agreement with WMSL and they will treat any decision by GCL not to proceed with the transaction as a breach of contract. Kindly advise GCL whether or not they can avoid this agreement Please use the IRAC( Issue, Rule, Analysis, Conclusion) method when giving the answe

In: Economics

Think of some firms with HQs in countries other than the US, and discuss how they...

Think of some firms with HQs in countries other than the US, and discuss how they entered the US and how they manage their marketing globally. Let's focus on B2B.

In: Economics

a) Explain 5 major uses of national income statistics b) Explain 3 major limitations of national...

a) Explain 5 major uses of national income statistics

b) Explain 3 major limitations of national income statistics

c) Distinguish between market price and factor cost

In: Economics

Discuss the implications of economic growth (Marginal benefits  AND Marginal Costs) for the U.S. economy, society, environment,...

Discuss the implications of economic growth (Marginal benefits  AND Marginal Costs) for the U.S. economy, society, environment, children's future, social programs, military might, global preeminence, technological growth, educational opportunities, etc. Think about what life would be like in the United States with very high, average, or very low rates of economic growth, as food for thought.

In: Economics

Talk about the different monetary standards that are applied by many countries today?

Talk about the different monetary standards that are applied by many countries today?

In: Economics

What requirements must an instrument meet to be negotiable? Why do you think these are requirements?...

What requirements must an instrument meet to be negotiable? Why do you think these are requirements?

Do some quick Internet research concerning a case that involves a holder in due course. Briefly explain the facts of the case, and the court's decision. Do you agree with the outcome? Explain.

In: Economics

Briefly identify the reasons why developing countries so often use a technology with an excessively high...

Briefly identify the reasons why developing countries so often use a technology with an excessively high capital labor ratio.

In: Economics