The multiplier process

    With the aid of one or more diagrams, explain the multiplier process, focussing on the simple case with just consumption and investment. (Max. 300 words). 20 marks    

The measures to protect the local producers

  You need to analyse the tools of the trade policy your countries are applying towards the trading partners. Country :China 1) describe the measures to protect the local producers (tariffs, quotas, subsidies) – the size, the products that are covered, the...

Analyzing a Common Resource or Public Good

          Select a familiar or local Common Resource or Public Good within the last 3 years. Assess the existence of free riders, externalities, cost-benefit analysis, the likelihood of a “Tragedy of the Commons” issue, etc. Evaluate the...

The inflation rate

    Likewise in recent times, the inflation rate has risen to 7.5%, the highest since 1985, and the citizens of the United States have rationally selected items they buy instead of buying everything as usual. Discuss how the higher inflation rate has...