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- inflation is hectice problem of our economy especially in todays life. how this problem influances the economic acrivity in the countryThe Kingdom of Wakanda is undergoing tremendous economic growth. Last year, its GDP grewby 11.45%. Wakanda's central bank - the Bank of Wakanda - is, however, worried about inflation,which has been hovering near double digits for the last two years. T'Challa, the country's ruler,says that he wants to sit down with Nakia, the Governor of the Bank of Wakanda, to discuss thecountry's potential economic problems. You are Nakia's advisor. Recommend a monetary policyfor Wakanda. How would the Bank of Wakanda carry out your recommendations?To achieve long term economic growth.....O a. Money is neutralO b. All answers are correctOC. Money and inflation are neutralO d. Money is not neutral
- inflation is hectic problem of our economy especially in todays life, how this problem influances the economic activities in the country.Only typed answer Which of the graphs most accurately illustrates real business cycle theory? Graph A Graph B Graph C Graph D Which of the graphs most accurately illustrates new classical theory (unanticipated policy, short run)? Graph A Graph B Graph C Graph DReal GDP = 4000 units Price Level = $4.00 per unit Money Supply = 1500 How many times did money change hands? What is the Velocity of the money?
- Economic activity should continue to expand at a similiar rate to 2021's projected rebound, on the back of solid domestic demand and robust export growth. However, tighter monetary policy amid relatively elevated inflation will likely dampen momentum, while the new covid 19 variants pose a large risk to activity given the country's law vaccination rate. The panel sees the economy expanding 4.0% in 2022, which is unchanged from last month and growing 2.6% in 2023. Jamaica economy, GDP, Inflation, CPI and interest rate ( focus economics.com) Question 1) The accelerator theory suggests that planned investment depends on the rate of change in real output, provide three contributors which would result in the expansion of economic activity. 2) Explore at least 3 importance of Foreign Direct Investment which could result in expanding the economy by 4% in 2022. 3) Describe how inflation will affect income inequality in Jamaica.Economic activity should continue to expand at a similiar rate to 2021's projected rebound, on the back of solid domestic demand and robust export growth. However, tighter monetary policy amid relatively elevated inflation will likely dampen momentum, while the new covid 19 variants pose a large risk to activity given the country's law vaccination rate. The panel sees the economy expanding 4.0% in 2022, which is unchanged from last month and growing 2.6% in 2023. Jamaica economy, GDP, Inflation, CPI and interest rate ( focus economics.com) Question 1) According to the article tighter monetary policy and relatively elevated inflation will likely dampen momentum, explain how the government can intervene to stablize the economy. 2) Evaluate three measure used by the government to address poverty in a caribbean country of your choice.I just need assitance and a better understanding of 3 and mostly 4 1. Another economy has the production Y = A * K^0.5 * L^0.5, the marginal product MPL = 0.5 * A * K^0.5 / L^0.5, in which K = 144 and the supply of labor w = 5 * EP/P *L^0.5 Productivity is A=50. In absence of shocks and policies, EP/P=1, the number of jobs is L = 60, and wage is w = 38.73. But now inflation is slower than expected, with EP/P=1.2. Find the new equilibrium number of workers. 2. Find the new equilibrium wage at EP/P=1.2 3. Graph the change in the labor market equilibrium. Mark the before and after equilibria with E0 and E1. Label axes and curves, map relevant values onto axes. 4. Now let's consider this same scenario in terms of the accelerationist Phillips curve. The labor force is N=64. Find the rates of unemployment before and after as (N-L)/N and map them into our surprise inflation indexes, EP/P. Label the natural rate of unemployment, show the cyclical rate of unemployment. Step 1:…
- My homework pls asap help Sometimes Inflation is good for economy.Explian the significance of this statement.Discuss, one (1) macroeconomic policy measure used by policymakers during a periods of recession. (NB: state date(s), action(s), value, etc.)A ______ inflation occurs when the the ____________ will shift to the right in the short run due to expansion. Group of answer choices Cost-push: SRAS Cost-push: LRAS Demand-pull: LRAS Demand-pull: AD