Macroeconomics
Budget: $10 – $30 USD
Complete 2 tasks. In Ukrainian or English (in Ukrainian as a priority)
1) Describe the consequences of rise of inflation for output, exchange rate, external competitiveness, interest rate, unemployment and money supply in such countries as Japan, the UK, Turkmenistan and Panama. What is the key difference between these countries?
Sketch the graphs.
What measures of monetary and fiscal policy would be appropriate to stabilize the situation?
2) Describe supply shocks effect on output, exchange rate, external competitiveness, interest rate, unemployment, money supply in Ukraine. Give the examples of such shocks in Ukraine. Sketch the graphs.
What measures of monetary and fiscal policy would be appropriate to minimize the effect of supply shocks in the future?
1) Describe the consequences of rise of inflation for output, exchange rate, external competitiveness, interest rate, unemployment and money supply in such countries as Japan, the UK, Turkmenistan and Panama. What is the key difference between these countries?
Sketch the graphs.
What measures of monetary and fiscal policy would be appropriate to stabilize the situation?
2) Describe supply shocks effect on output, exchange rate, external competitiveness, interest rate, unemployment, money supply in Ukraine. Give the examples of such shocks in Ukraine. Sketch the graphs.
What measures of monetary and fiscal policy would be appropriate to minimize the effect of supply shocks in the future?