1. The spread of Covid 19 has impacted the economy of our nation. Explain the economic
effect of this event to the consumers, firms and the government in Malaysia by using the 3
sectors formula in calculating GDP (expenditure approach). (minimum: 360 words) (60
marks)
2. The government has to spend approximately RM28 billions (including the second phase of
the stimulus package). Please elaborate the effects of the increase in government spending
towards the economy of Malaysia. (minimum: 250 words) (40 marks)
Category: Economics
Any topic (writer’s choice)
October 27th, 2020 
Economics, MLA 
Comments Off on Write a discussion board and reply for two friends’ threads Write a discussion board and reply for two friends’ threads
For fiscal year 2019, the U.S. federal deficit was $984 billion and the national debt grew to $22.8 trillion. (You can find real-time numbers for the deficit, debt, and much more at US Debt Clock.) The Congressional Budget Office (CBO) projects federal deficits to exceed $1 trillion each year beginning in 2022 if current laws do not change. In 2019, federal debt held by the public was 78% of GDP, with the CBO projecting that to rise to more than 92% by 2029. In an April 2018 report, the Cato Institute stated that the United States is the only advanced country expected to show an increasing debt-to-GDP ratio through 2023*.
” What is the difference between the federal deficit and the national debt?
” What are the economic consequences of a rising federal deficit and national debt?
” Should we be concerned about the sizes (and projected increases) of the deficit and debt? Why or why not?
” Who exactly do we owe this money to, and does this make a difference in terms of our level of concern?
” What can the government do to reduce the deficit numbers? Be specific, explaining how the numbers would be reduced, and if the government actually should use these methods of deficit reduction.
” How has federal spending changed as a result of COVID-19, and what do you think this will do to the projections of the overall federal deficit and debt?
*Source: Ryan Bourne, “US Only Country With Projected Rising Government Debt to GDP Ratio Through 2023,” cato.org, April 19, 2018.
October 27th, 2020 Economics, MLA Comments Off on Write a discussion board and reply for two friends’ threads Write a discussion board and reply for two friends’ threads
For fiscal year 2019, the U.S. federal deficit was $984 billion and the national debt grew to $22.8 trillion. (You can find real-time numbers for the deficit, debt, and much more at US Debt Clock.) The Congressional Budget Office (CBO) projects federal deficits to exceed $1 trillion each year beginning in 2022 if current laws do not change. In 2019, federal debt held by the public was 78% of GDP, with the CBO projecting that to rise to more than 92% by 2029. In an April 2018 report, the Cato Institute stated that the United States is the only advanced country expected to show an increasing debt-to-GDP ratio through 2023*.
” What is the difference between the federal deficit and the national debt?
” What are the economic consequences of a rising federal deficit and national debt?
” Should we be concerned about the sizes (and projected increases) of the deficit and debt? Why or why not?
” Who exactly do we owe this money to, and does this make a difference in terms of our level of concern?
” What can the government do to reduce the deficit numbers? Be specific, explaining how the numbers would be reduced, and if the government actually should use these methods of deficit reduction.
” How has federal spending changed as a result of COVID-19, and what do you think this will do to the projections of the overall federal deficit and debt?
*Source: Ryan Bourne, “US Only Country With Projected Rising Government Debt to GDP Ratio Through 2023,” cato.org, April 19, 2018.
October 27th, 2020 Economics, MLA Comments Off on Write a discussion board and reply for two friends’ threads Write a discussion board and reply for two friends’ threads
For fiscal year 2019, the U.S. federal deficit was $984 billion and the national debt grew to $22.8 trillion. (You can find real-time numbers for the deficit, debt, and much more at US Debt Clock.) The Congressional Budget Office (CBO) projects federal deficits to exceed $1 trillion each year beginning in 2022 if current laws do not change. In 2019, federal debt held by the public was 78% of GDP, with the CBO projecting that to rise to more than 92% by 2029. In an April 2018 report, the Cato Institute stated that the United States is the only advanced country expected to show an increasing debt-to-GDP ratio through 2023*.
” What is the difference between the federal deficit and the national debt?
” What are the economic consequences of a rising federal deficit and national debt?
” Should we be concerned about the sizes (and projected increases) of the deficit and debt? Why or why not?
” Who exactly do we owe this money to, and does this make a difference in terms of our level of concern?
” What can the government do to reduce the deficit numbers? Be specific, explaining how the numbers would be reduced, and if the government actually should use these methods of deficit reduction.
” How has federal spending changed as a result of COVID-19, and what do you think this will do to the projections of the overall federal deficit and debt?
*Source: Ryan Bourne, “US Only Country With Projected Rising Government Debt to GDP Ratio Through 2023,” cato.org, April 19, 2018.
October 27th, 2020 Economics, MLA Comments Off on Write a discussion board and reply for two friends Write a discussion board and reply for two friends
For fiscal year 2019, the U.S. federal deficit was $984 billion and the national debt grew to $22.8 trillion. (You can find real-time numbers for the deficit, debt, and much more at US Debt Clock.) The Congressional Budget Office (CBO) projects federal deficits to exceed $1 trillion each year beginning in 2022 if current laws do not change. In 2019, federal debt held by the public was 78% of GDP, with the CBO projecting that to rise to more than 92% by 2029. In an April 2018 report, the Cato Institute stated that the United States is the only advanced country expected to show an increasing debt-to-GDP ratio through 2023*.
What is the difference between the federal deficit and the national debt?
What are the economic consequences of a rising federal deficit and national debt?
Should we be concerned about the sizes (and projected increases) of the deficit and debt? Why or why not?
Who exactly do we owe this money to, and does this make a difference in terms of our level of concern?
What can the government do to reduce the deficit numbers? Be specific, explaining how the numbers would be reduced, and if the government actually should use these methods of deficit reduction.
How has federal spending changed as a result of COVID-19, and what do you think this will do to the projections of the overall federal deficit and debt?
*Source: Ryan Bourne, US Only Country With Projected Rising Government Debt to GDP Ratio Through 2023, cato.org, April 19, 2018.
Any topic (writer’s choice)
I need you to answer for following questions in 3 pages.
1. Consider the memo from Larry Summers to his colleagues at the World Bank. According to Hausman and McPherson, upon what controversial philosophical choices does the impeccable economic logic of Summers argument rely?
2. Explain the idea of Pareto optimality? What guidance, if any, can Pareto optimality provide to philosophical theories of justice? What are the limitations of Pareto optimality in debates about which economic and political policies a society ought to adopt?
3. Explain what is frequently referred to as the First Welfare Theorem in economics. What are the implications of this fact for attempts to promote justice or efficiency through public policy?
4. Compare and contrast ethical utilitarianism and contemporary cost-benefit analysis. In what ways are they similar? How do they differ? Be sure to consider differences in understanding of welfare and the aims of public policy. Why, according to Lionel Robbins and others, should contemporary economics reject ethical utilitarianism?
5. If welfare as understood as preference satisfaction, it is virtually impossible to make interpersonal welfare comparisons. As a result, welfare economists frequently adopt willingness to pay as a kind of shorthand for (or approximation of) preference satisfaction. Why might an economist think that willingness to pay is a useful approximation for preference satisfaction? Explain at least two common concerns with using willingness to pay in cost-benefit analysis.
6. Explain the idea of a potential Pareto improvement and its use in cost-benefit analysis. Which policies, according to this idea, should be regarded as most efficient? What concerns, from the perspective of justice or democracy, might one have for using such analysis as a guide for public policy?
Any topic (writer’s choice)
I need you to answer for following questions in 3 pages.
1. Consider the memo from Larry Summers to his colleagues at the World Bank. According to Hausman and McPherson, upon what controversial philosophical choices does the impeccable economic logic of Summers argument rely?
2. Explain the idea of Pareto optimality? What guidance, if any, can Pareto optimality provide to philosophical theories of justice? What are the limitations of Pareto optimality in debates about which economic and political policies a society ought to adopt?
3. Explain what is frequently referred to as the First Welfare Theorem in economics. What are the implications of this fact for attempts to promote justice or efficiency through public policy?
4. Compare and contrast ethical utilitarianism and contemporary cost-benefit analysis. In what ways are they similar? How do they differ? Be sure to consider differences in understanding of welfare and the aims of public policy. Why, according to Lionel Robbins and others, should contemporary economics reject ethical utilitarianism?
5. If welfare as understood as preference satisfaction, it is virtually impossible to make interpersonal welfare comparisons. As a result, welfare economists frequently adopt willingness to pay as a kind of shorthand for (or approximation of) preference satisfaction. Why might an economist think that willingness to pay is a useful approximation for preference satisfaction? Explain at least two common concerns with using willingness to pay in cost-benefit analysis.
6. Explain the idea of a potential Pareto improvement and its use in cost-benefit analysis. Which policies, according to this idea, should be regarded as most efficient? What concerns, from the perspective of justice or democracy, might one have for using such analysis as a guide for public policy?
Any topic (writer’s choice)
I need you to answer for following questions in 3 pages.
1. Consider the memo from Larry Summers to his colleagues at the World Bank. According to Hausman and McPherson, upon what controversial philosophical choices does the impeccable economic logic of Summers argument rely?
2. Explain the idea of Pareto optimality? What guidance, if any, can Pareto optimality provide to philosophical theories of justice? What are the limitations of Pareto optimality in debates about which economic and political policies a society ought to adopt?
3. Explain what is frequently referred to as the First Welfare Theorem in economics. What are the implications of this fact for attempts to promote justice or efficiency through public policy?
4. Compare and contrast ethical utilitarianism and contemporary cost-benefit analysis. In what ways are they similar? How do they differ? Be sure to consider differences in understanding of welfare and the aims of public policy. Why, according to Lionel Robbins and others, should contemporary economics reject ethical utilitarianism?
5. If welfare as understood as preference satisfaction, it is virtually impossible to make interpersonal welfare comparisons. As a result, welfare economists frequently adopt willingness to pay as a kind of shorthand for (or approximation of) preference satisfaction. Why might an economist think that willingness to pay is a useful approximation for preference satisfaction? Explain at least two common concerns with using willingness to pay in cost-benefit analysis.
6. Explain the idea of a potential Pareto improvement and its use in cost-benefit analysis. Which policies, according to this idea, should be regarded as most efficient? What concerns, from the perspective of justice or democracy, might one have for using such analysis as a guide for public policy?
Economic Analysis of Asia
Development of Papua New Guinea (a country):
Describe and analyze the factors behind the trends by looking at the different development policies and programs adopted by country/region through the years.
Note: If you are working on a region with diverse countries (example: Central America), you may choose specific countries (two or three) and explain their policies.
October 26th, 2020 APA (edition "APA 6"), Economics Comments Off on Digitization in the global economy Digitization in the global economy
Consider arguments and evidence that, around the world, increasing digitization is having profound effects on the value chain or value network. What is the value chain? What is its significance in the global economy and in societal relations? In light of such considerations, select any part of the value chain and describe its role or function in the chain. Discuss how it has or is being affected (or not) by increasing digitization and new or changing technologies, and indicate related implications for the workforce. Provide a concrete example illustrating your point(s).
Please Follow essay preparation guidelines that include proper citation instructions
https://s3.amazonaws.com/blackboard.learn.xythos.prod/5a30bcf95ea52/26614562?response-cache-control=private%2C%20max-age%3D21600&response-content-disposition=inline%3B%20filename%2A%3DUTF-8%27%27EssayPreparationGuidelines.pdf&response-content-type=application%2Fpdf&X-Amz-Algorithm=AWS4-HMAC-SHA256&X-Amz-Date=20201026T150000Z&X-Amz-SignedHeaders=host&X-Amz-Expires=21600&X-Amz-Credential=AKIAYDKQORRYTKBSBE4S%2F20201026%2Fus-east-1%2Fs3%2Faws4_request&X-Amz-Signature=4c613ddba04804d956d7bbef5575a69ee0fee82fa92a88d6ee129ac191c71426
