The Economic Planning Unit (UPE) serves as an agency that plans the country's economic development by formulating and implementing national economic development plan policies. Identify whether this statement is true or false. Select one: True False
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The Economic Planning Unit (UPE) serves as an agency that plans the country's economic development by formulating and implementing national economic development plan policies. Identify whether this statement is true or false.
Select one:
True
False
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- Every government is expected to perform some key economic roles to ensure sustainable development and improved welfare of the citizenry. Discuss the four key economic functions performed by the government of Ghana indicating how satisfactory or not (with sufficient evidence backing your stand) the current government of Ghana has performed each role.Which among the following is an example of routine report submitted to the management? a. Report on technological changes in the industry b. Report on general economic forecast c. Feasibility study for a new business plan/project d. Sales reportIs there a clear link between the government’s programs and the desired outcomes of the administration in the Financial System of the Philippines?
- define each term/concept then indicate how they relate to each other and/or how they both relate to specific challenges in economic development: industrial policy and the principle of government non-interference in tradeObjectives of general purpose financial reporting is to provide information about. a. The Government b. The people c. Financial condition in the economy d. The reporting entity" Accounting is shaped by , reflects , and reinforces particular characteristics unique to its national environment ” . Explain how the environmental factors affect the national development of accounting system .
- Market participants, including financial institutions, fund managers and corporations, must understand monetary policy setting impacts on economic activity and business cycle. A central bank will typically implement monetary policy settings in order to achieve certain economic outcomes over a business cycle. Briefly describe the intermediate target for monetary policy in Singapore and give examples of different economic indicators that may give an insight into the future stages of a business cycle.Recommend policies that will boost Ghana’s fiscal performance and position.A primary distinction between the flow of resources through a business enterprise and through a governmental entity is that operations in a governmental entity consume resources and assets to a. produce goods and services to citizens entitled to receive them b. generate return on investment. c. generate net income. d. generate capital for future investments.
- Why financial institutions are crucial for the economic development of a country? Discuss various roles and functions of financial institutions.Discuss the role of the Public Financial Management Reform Program (PUFMARP) and Budget and Public Expenditure Management System (BPEMS) in budgeting within the Ghanaian public sector.Market participants, including financial institutions, fund managers and corporations, must understand monetary policy setting impacts on economic activity and business cycle. A central bank will typically implement monetary policy settings in order to achieve certain economic outcomes over a business cycle. In order to forecast future economic conditions and business activity, business managers therefore need to understand the business cycle. Briefly describe the principal monetary policy objective of the Reserve Bank of Australia and give examples of different economic indicators that may give an insight into the future stages of a business cycle.