Discuss the following questions and prepare a final answer : 1.How do you expect COVID-19 to affect Economic Growth: for Canada and for the World in general? 2.Budget Deficit in light of COVID-19: What it means for Canada?
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Discuss the following questions and prepare a final answer :
1.How do you expect COVID-19 to affect Economic Growth:
for Canada and for the World in general?
2.Budget Deficit in light of COVID-19: What it means for
Canada?
Step by step
Solved in 4 steps
- Explain how decreased domestic investments that occur due to a budget deficit will affect future economic growth.In view of the large adverse impact of COVID-19 on the world economy, many governments have implemented expansionary fiscal policy. Together with a decrease in tax revenues, the governments have sufferedlarge deficits. How does a government deficit affect the interest rate, the quantity of loanable funds and economic growth? Explain your answers with a diagramexplain the three way of how a financial crisis could impact economic growth.
- using macroeconomic issues, what are three ways national debt affect economic growth?How do you get MSC=4 in step 2?Read the following premise carefully and answer the questions specifically and in detail, you must answer the request with the correct information, showing that you understand and can properly apply the concepts. Try to address all the elements of each question and always express the answers in your own words. "In the face of unstable economic growth due to a recession or accelerating inflation, potential problems with large public debt include higher income inequality, reduced economic incentives, and crowding out of private investment". 3. Expresses in detail the effects of expansionary and contractionary fiscal policy on income and the price level.
- Analyse the link between finance and economic growth.Using a graphical analyses explore the consequences for a hypothetical developing economy, if the the rate of borrowing to fund a fiscal deficit is growing annually at a faster rate than GDP.What are some fiscal policies that might encourage economic growth ? Please answer this question carefully! What are some fiscal policies that might improve a society's human capital? Please answer this question carefully! How would you expect larger budget deficits to affect a private sector investment in physical capital? Why? Please answer this question carefully!
- Please briefly describe at least two (2) factors or considerations/policies that you believe are the most critical to sustained increases in productivity and economic growth.explain the 3 way financial crisis thaT impact economic growth.Read the following premise carefully and answer the questions specifically and in detail, you must answer the request with the correct information, showing that you understand and can properly apply the concepts. Try to address all the elements of each question and always express the answers in your own words. "In the face of unstable economic growth due to a recession or accelerating inflation, potential problems with large public debt include higher income inequality, reduced economic incentives, and crowding out of private investment".2. Explain each of the tools that exist in expansionary fiscal policy and contractionary fiscal policy.