Please can I have short notes attachment for print out thank you
{13) {El {ill (h) {E} [i]: Explain the tertn 'Privatisation' and state two examples of companies that have been privatised in Ireland. [ii] lIEIutline two arguments in favour of Privatisation and two arguments against Privatisation for the Irish economy. fir? monks) One of the economic aims of the government is 'Ealanced Regional Developrnent'. [i] Explain the meaning of the underlined term. {ii} lI'Jutline two policies which the government could implement to promote regional development. [iii]: 'Balanced Regional Policy has an opportunity cost'. Explain this statement, using an example to support your answer. ('25 moms) The 'Eirth Rate' in Ireland shows an increase over previous years [CED Census Z]. [i] Explain the meaning of the underlined term. [ii] {Jutline three economic implications of the changing structure and size of the Irish population. Qt? monks) ITS marks] [i] Explain, with the aid of an example, how it is possible for banks to create credit. [ii] Dutline how a desire by banks to reduce their level of bad debts might affect their ability to create credit. {iii} Explain two other factors which could affect their ability to create credit. fir? marks} lrish citizens experienced an increase in the rate of price ination during EDT. [i]: Explain the underlined term. [ii]: Discuss the economic effects of this development on the Irish economy. (2!? marks) For a composite [weighted] price index covering three categories of expenditure given in the following table, calculate the index for the current year. The base year value is ll]. {Show all your workings]. a .. out on item a in hue year in current year _ 4212"] 4'1\"\" 3- 36-01] was ('25 marks} |T5 marks] {i} {h} {t} In) {it} It} The table beloulr illustrates the Lanir of Comparative Advantage. Countryr Output .roduction . -r worker or week - m "m [i] State the Law of Comparative Advantage. [ii] Explain hon.r both countries benet from international trade in the above example. [iii] Calculate the terms of trade for both goods. [Show all your workings). fit] merits) Discuss the economic consequences of a decrease in the value of the US dollar [$1 relative to the euro {E} for the Irish economy. {2!} marks} It is becoming more difficult to attract Foreign Direct Investment (multinational companies] into Ireland. Discuss the economic reasons for this development. (25 menisl [75 marks] In each of the following distinguish between the terms: (it 'progressive taxation' and \"regressive taxation\". [ll] 'tax avoidance' and \"tax evasion'. f2l'l marlin ti} Outline the main functions of taxation. [ll] Explain. using an example. the meaning of the term \"incidence of tax'. tlii} utline two reasons why the Minister for Finance regularly taxes goods such as alcohol. cigarettes and petrol in the Govemment's annual budget. rill? marks} [i] There has been a shift in focus by the Government away from direct taxation to indirect taxation. Discuss two economic advantages and two economic disadvantages of this situation for the Irish economy. [It] Ireland must reduce its 'carbon footprint' [i.e. level of greenhouse gas emissions from fossil fuels} by 2% over the next 12 years. Explain two ways in which the tax system could be used to meet this target. 35 mares-J I?! marksl
