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Can i get help in 2 Questions of Economics i am stuck QUESTION 1 The monetary transmission mechanism can be depicted in the form of
Can i get help in 2 Questions of Economics i am stuck
QUESTION 1
The monetary transmission mechanism can be depicted in the form of a graph or using symbols.
- Please help Explain, with the aid of symbols, the monetary transmission mechanism when interest rates increase
(Note: Prices and wages are variable.)
- Please explain to me using the AD?AS model, how the South African Government can use fiscal policy as a tool to recover from the negative effects of this COVID?19 pandemic.When explaining, please include the following: ?
- The description of the type of fiscal policy required;
- An explanation of how the implementation of this tool will work their way through the economy to achieve the desired effect;
- The AD?AS graph showing the implications of your recommendations.
QUESTION 2
(There is an attachment above for these questions)
- Help at calculating the value of the country's GDE (Gross Domestic
Expenditure).
- Compute the value for the country's GDP (Gross Domestic Product) at market price.
- Determine the value of the country's NNI (Net National Income) at market price.
- If it is predicted that the GDP will increase to 22 000 in 2020, calculate the growth rate between 2019 and 2020.
The measure of GDP for economic growth is not always perfect. And please Describe any two problems that are associated with GDP as a measure of economic growth.
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