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- Please solve with 300-500 words max 30-60 minutes max please no reject In 2022, the world is facing an energy crisis and price inflation caused by the Ukraine-Russia conflict. Economists believe that the world economy will soon face major crises such as those that occurred in 1929 and 1997-1998. What are the effective steps that the Indonesian government and Bank Indonesia should take to deal with this threat?Assume that the Japanese government wants to reduce inflation. Which of the following would be an appropriate action for the Japanese government? A. Sell yen for foreign currency B. Decrease interest rates C. None of the options are correct D. Buy yen with foreign currency E. Increase interest ratesThe sustained decline in U.S. inflation rates over the past quarter century likely reflected all of the following, except: (a) a combination of digitalization and technological advances that reduce production costs; (b) a weak U.S. dollar in foreign exchange markets; (c) more exact production processes; (d) globalization
- Which statement about the economic crisis of the 1970s is INCORRECT? A. American manufacturing was in decline because U.S. manufacturing plants were old and inefficient compared to newer German and Japanese ones. B. A major economic problem was stagflation a combination of high inflation with a stagnant economy with high unemployment C. Rapid inflation was caused by the deficit spending on the Vietnam War and social programs of the Great Society. D. Low interest rates near 20% which artificially inflated the value of the U.S. dollar causing a major trade imbalance.When inflation happens in an economy… Select one: a. Workers who are paid the U.S.Federal Minimum wage find their pay checks able to buy more goods. b. People generally can buy goods for cheaper prices c. People who get social security checks will find them much lower relative to inflation d. there is less aggregate demand than there is income in the economy e. people who have money (wealth) in the bank find their buying power decreasing True or False? The biggest trading partner of the U.S. in 2021 is China. Select one: True False Please please give both 2 questions answers.i know sir policy but i have no more questions I will rate sirMyanmar experienced a 60 percent currency dropped within four weeks as the economy tanks since early of this year. This is due to the country facing a military coup since February 2021, which has led to political instability and the second wave of coronavirus infections in the country. The World Bank predicted the economy would slump 18 percent, which lead to the employment contraction and an increase in the number of poor. As an economist, analyze the fiscal and monetary policy tools that can be implemented to overcome the recession in Myanmar.
- The most important tool the government has fordirecting the economy isa. its control over trade policy.b. its control over government subsidies.c. its control over labor laws.d. its control over the money supply.e. its control over investment practices.Write a sentence or two defining the following terms in your own words. Give examples of each. a. Inflation b. Law of Comparative Advantage c. Law of Diminishing DemandEffect of fiscal and monetary policy in zimbabwe
- The value of the U.S. dollar typically increases when the (select all that apply) A. global economy is strong. B. U.S. economy is strong. C. global economy is weak. D. U.S. economy is weak.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.