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 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.
In: Economics
In: Economics
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 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 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 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 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 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 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 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, 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?
In: Economics
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 capital labor ratio.
In: Economics