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M (no 5 1280 MIX M Mac FINA ECO Sear | Tuto | Tuto| Tuto | Tuto| MIU| TEST| Cou The e:Vis|@ 6 Bu | 1) In| The (177 + V X C mail.google.com/mail/u/0/#inbox/FMfcgzGrbRZzFLRPRxQKgBGLrPMBdLSJ?projector=1&messagePartld=0.1 Update YouTube . Maps M Gmail Q&A Archive Using Deep Process... Paraphraser - Best... Paraphrasing Tool |.. C Cymath | Math Pro... 18 Advantages and. R Set symbols of set t... S Mikhaela Allen- Ma.. = M Gmail Search c) If the discount rate fell from 10% to 5%, is this a contractionary measure or an ? expansionary measure being used by the central bank? Compose 1 mark 31 Mac Inbox d) Will the change in the discount rate from 10% to 5% cause the supply of money to Starred Mike increase or decrease? 2022, 5:41 PM (2 days ago) Snoozed to me 1 mark Sent D Drafts e) Assume a very simple banking system where an initial deposit of $5,000 is made. The 2 Atta 4 V More cash reserve ratio observed by all banks is 10% of deposits. There are no cash leakages or excess reserves held by banks. Calculate: Labels FINALE [Imap]/Drafts i. The money supply 4 marks ii. Of the amount calculated for money supply in part i), calculate how much would be the cash reserve? 3 marks iii. Of the amount calculated for money supply in part i), how much represents credit created? 3 marks 83.F 4:46 PM Sunset coming Q Search W P 12/11/2022M (no 1280 MIX M Mac | FINA & ECO Hon | Tuto | Tuto | Tuto| Tuto| MIU| TEST | Coul The e:Vis| 6 Bu | 1) In| The (177 + V X C mail.google.com/mail/u/0/#inbox/FMfcgzGrbRZzFLRPRxQKgBGLrPMBdLSJ?projector=1&messagePartld=0.1 Update YouTube Maps M Gmail Q&A Archive Using Deep Process... Paraphraser - Best... Paraphrasing Tool |... @ Cymath | Math Pro... 18 Advantages and... R Set symbols of set t... S Mikhaela Allen- Ma.. PDF Macro Past Paper 2019.pdf Open with Google Docs 4 8 ... c) If the Jamaican economy was experiencing an expansion, how would the government's Compose 31 use of countercyclical fiscal policy differ from the use of pro-cyclical fiscal policy in Inbox stabilizing the economy? Starred 4 marks days ago) Snoozed Sent d) State two positive effects that a reduction in marginal tax rate can have on the economy. D Drafts 4 V More 2 marks Labels + [Imap]/Drafts e) Assume an economy is in recession with MPC of 0.80 and there is a GDP gap of $100 billion. How much must government spending increase to eliminate the gap? 5 marks Page 3 F3 PAPER+ 83.F Q Search LOOB FOC 4:48 PM Cloudy W 12/11/2022 5M (no 1280 M Mac MIX FINA & ECO Hon Tuto | Tuto | Tuto| Tuto | MIU| TEST| Coul The e:Vis| @ 6 Bu| 1) In| The (177 + V X C mail.google.com/mail/u/0/#inbox/FMfcgzGrbRZzFLRPRxQKgBGLrPMBdLSJ?projector=1&messagePartld=0.2 Update YouTube . Maps M Gmail Q&A Archive Using Deep Process... Paraphraser - Best... Paraphrasing Tool |.. @ Cymath | Math Pro.. 18 Advantages and... R Set symbols of set t... S Mikhaela Allen- Ma.. () find the level of public saving. PDF 15239 macro past paper.pdf Open with Google Docs marks: 3 marks for each of a to d) 4 ... Compose 31 2). In 2012, the Government of the country in Questionlsigned an Extended Fund Facility with the IMF. One condition of the agreement concerned the control of Inbox government spending, so the Government reduced its expenditure from $1100 million to Starred $950 million. Snoozed Sent Required D Drafts Find the new equilibrium level of GDP. 4 More (8 marks) + Labels [Imap]/Drafts 3) The Jamaican economy has not been high performing for many years and in an attempt to boost production the government has decided to impose a number of trade restrictions - increased import tariffs and drastically reduced import quotas. Required Assess the possible impact of the imposition of these trade restrictions on Jamaica (consumers and the economy) by naming and explaining 2 (two) positive and 2 (two) negative effects of the restrictions. (10 marks) Page 2 1 2 - 83.F Cloudy Q Search O W P 4:50 PM 12/11/2022M (no 1280 M Mac MIX FINA ECO * Hon Tuto| Tuto| Tuto| Tuto| MIU| TEST| Coul The e:Vis|@ 6 Bu | 1) In| The (177 + V X > C e mail.google.com/mail/u/0/#inbox/FMfcgzGrbRZzFLRPRxQKgBGLrPMBdLSJ?projector=1&messagePartld=0.2 Update YouTube . Maps M Gmail Q&A Archive Using Deep Process... Paraphraser - Best... Paraphrasing Tool |... @ Cymath | Math Pro... 18 Advantages and... R Set symbols of set t... S Mikhaela Allen- Ma.. 4) The Bank of Jamaica has maintained a required reserve ratio of 0.25 for a number of months. Given its more recent expansionary monetary policy approach, the BOJ has decided to purchase $35 million of Government bonds on the open market. Required Calculate by how much this open market purchase could increase the money supply? (10 marks) Page 2 / 2 - + 83.F 4:51 PM Cloudy Q Search LOOB Foe W 12/11/2022