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- Effect of fiscal and monetary policy on consumption in ZimbabweHow does high inflation lead to a recession in the country? Explain the role of the government and the central bank to address the economic recession problem by using appropriate fiscal and monetary policies. Are there any potential problems with such policies?Name 10 countries with the highest policy rate and the impact of the policy rate on their economies
- When is it appropriate to use monetary and fiscal policy to stimulate or stabilize the economy? please also include the reference for this question.Identify similarities and differences in the way Keynes and Hayek think about information and knowledge in the economic system. Discuss how their disagreement affects the way their position with respect to policymaking.What were the monetary and fiscal policy responses to the Great Recession? Discuss their effectiveness and how the policy contributed to GDP growth.
- Choose TWO of the four macroeconomic objectives studied such as Full employment, Price stability, A high, but sustainable, rate of economic growth. Keeping the balance of payments in equlibrium : State why governments / decision makers try to achieve the TWO macroeconomic objectives Identify key problems which may be encountered when attempting to balance these two objectives Evaluate the macroeconomic measures, employing fiscal and/or monetary policies, which could be taken to balance these two objectives. The structure of your answer to this question should include a brief introduction, main body, and conclusion which summarises your views.Please answer all parts... When the pandemic hit at the beginning of 2020, everything came to a halt. In a single month, 17 million Americans lost their job, and the gross domestic product (GDP), which is how economists measure the total value of a country's products and services, declined by US$2.15tn (£1.55tn). Economists were hopeful that across the world government spending and monetary policy would keep the economy from totally collapsing. During the first wave of lockdowns and stay-at-home orders since December 2019, it was clear that industries that relied on in-person customers - like travel and some retail - were going to struggle, while others would more easily adapt to the "new normal". Tech-heavy companies that delivered products or services to people's homes—like Amazon, Netflix, and Shopify—thrived. To improve the impact of the pandemic, most countries adopted an expansionary monetary policy. The change in the real interest rate influenced the goods market. Aggregate…In a closed economy model without government spending, aggregate demand is the sum of... a. Savings (S) and investment (I) b. Savings (S) and Consumption (C) c. Consumption (C) and Income (Y) d. Consumption (C) and Investment (I)
