Compare monetary and fiscal policies of the UK and another developed country (of your choosing) during the coronavirus pandemic . In addition to explaining which policies the countries used, please describe how unemployment and the public debt have evolved during the pandemic.

Q: what are the differences in debt sustainability under the heterodox/MMT and Neoclassical/orthodox…

A: Debt sustainability refers to the ability of a borrower to meet its debt obligations in a timely and…

Q: Why might well-educated economists disagree on appropriate public policy in some situations?

A: Below are the various reason of disagree on appropriate public policy in some situations 1.…

Q: List some of the ways that the problems caused byexternalities can be solved without…

A: Externality refers to the spillover of benefits or costs to a third party other than the immediate…

Q: A central reason for the establishment of the EU was a strong desire on the part of member countries…

A: European Union (EU) is an international organization of European countries to govern common…

Q: How can monetary policy, fiscal policy and financial sector regulation help in the fight against…

A: Central bank refers to institutions of an economy that regulates the money supply using its monetary…

Q: In the context of developing countries' external debt, the "debt service ratio" of a country is the…

A: The debt is the borrowing of the government which can be from internal as well as external sources.…

Q: in your own words describe what the bubanic plague was and how does the black death affect european…

A: Bubonic plague, septicemic plague, and pneumonic plague are the three forms of plague. Infected…

Q: Injections doesn't include Investment Таxes Government spending O O

A: Circular flow of income: - a circular flow of income shows the exchange of money, resources, goods,…

Q: Debt-GDP ratios and economic crises: Te debt-GDP ratio in Belgiumexceeded 120% in the early 1990s…

A: The debt-GDP ratio in Belgium exceeded 120% in the early 1990's and still the economy didn't…

Q: The budget can be seen as a contract of presidential and congressional promises to supply funds for…

A: No, the budget cannot be seen just as a contract for the promises made on presidential &…

Q: What are sociotropic, ethnocentrism, or populist backlash models and how do they relate to…

A: Answer - Need to find- What are sociotropic, ethnocentrism, or populist backlash models and how do…

Q: Countries with high levels of debt-to-GDP ratios are poor countries and that countries with low…

A: A country with a high debt-to-GDP ratio shows the GDP of the nation is insufficient to pay back…

Q: Describe the fiscal and monetary measures that are normally taken to deal with economic depression.

A: An economic depression refers to when the output of a nation falls below its potential output and…

Q: Discuss the challenges to FDI in pakistan in detail.

A: FDI is the main determinant of higher and sustained growth of the economy.FDI attracts capital…

Q: Discuss the three-legged-stool approach of Massachusetts's experiment with incremental universalism.…

A: Incremental universalism is an approach to achieving universal healthcare coverage by implementing…

Q: Select and define in detail eight of the following economic terms: surplus intermediaries deficit…

A: Intermediaries:Intermediaries are entities or individuals that facilitate transactions between two…

Q: GDP Growth, unemployment are examples of economic conditions in the countervailing forces model true…

A: The countervailing Forces Model comprises of four forces: ecological impetuses, business, government…

Q: Detail the working of the ' new consensus ' 3- equation model.

A: The "new consensus" 3-equation model refers to a system created by economists to model the…

Q: The climate change crisis presents both challenges and opportunities for business. However, what are…

A: The economies around the globe are involved in various types of economic, as well as financial…

Q: Identify what trade and financial impact Brexit will have on the British?

A: Brexit is an abbreviation that denotes the exit of the British from the European Union.

Q: How did Spain respond to the Covid-19 pandemic? a. Non-financial response  b. Financial response

A: The COVID-19 pandemic has spread at a disturbing rate, contaminating millions and carrying financial…

Q: Gold sells for about $1,200 per ounce. Therefore, the U.S. government could sell all the gold in…

A: A fallacy in economics is a flawed assumption or argument that is supported by insufficient data or…

Q: Explain why the ideals of tax efficiency and tax equity are problematic in many emerging countries.

A: Governments use taxation to collect revenue from individuals and businesses based on income, wealth,…

Q: Two students, Ryan Wattenberg and Emma Bennett, are discussing the idea of convergence over coffee.…

A: Convergence: Convergence refers to the idea that poorer or less developed countries will, over time,…

Q: In the country of Mordor, the government spent $200 million on swords. Prices do not rise at all,…

A: In this problem, we are tasked with determining what percentage of every dollar people in the…

Q: The AML regime in the US has evolved over the past 30 years. Which of the following are among the…

A: The correct answer is "a. II, III, IV, and V only" because these are the conclusions coming out of…

Q: You are a member of the president's Council of Economic Advisers for the country of Manulo.…

A: The subject at discussion is fiscal policy, which refers to government acts affecting expenditure…

Q: A sovereign debt crisis is most likely to occur for which type of country? a large, rich country a…

A: Answer: d (a small, poorer country with a lot of debt) Explanation: A small and poorer country with…

Q: Assume the economy is experiencing a recession .indetify possible remedies that cbk would implement…

A: If an economy is experiencing a recession then the possible remedies that CBK would implement are :…

Q: Describe alternative forms of capital inflow to finance external deficits and explain why these…

A: The alternative sources refer to non-conventional sources of financing, i.e., sources apart from the…

Q: 12) Detail the workings of the ‘new consensus’ 3-equation model.

A: The "new consensus" 3-equation model is a system created by economists to model the macroeconomy and…

Q: the effectiveness of measures taken by their government to stabilize the Vietnam economy during…

A: Monetary Policy:Monetary policy refers to the actions and decisions taken by a country's central…

Q: How is the heterodox/MMT approach different than the Neoclassical/orthodox view of government…

A: Modern Monetary Theory (MMT) is defined as a theory which states that nations that have power or…