My view: The fact that a highly profitable business pays more ($) in tax does not make the tax progressive in this example. To be progressive there must also be a higher % for the firm making more money. Both the firm with high and the firm...
The role of spending and taxation on inequalityI strongly agree with your idea. thank you
Unit 3.2: Variations in economic activity—aggregate demand and aggregate supplyTrevona, the figures included in the article are 'The central bank put the yuan’s central parity rate at 6.4010 yuan for US$1, the China Foreign Exchange Trade System said, a fall from the previous day’s rate of 6.336 to the $'. so the answer...
Paper 2 question on exchange rates, central banks and intervention in the foreign exchange marketNo Sam but I understand your logic but in July 2022 the rate of inflation was 11.14%, 3.5%.
Unit 3.3: Macroeconomic indicators revision quizJust a personal view, I think that it makes sense to treat unit 3.3 and 3.4 separately because they focus on macroeconomic objectives and I like to focus on the policies (AD/AS) etc and then pivot towards the actual objectives of those actions employed...
Unit 3.2: Variations in economic activity—aggregate demand and aggregate supplyThe following question has an incorrect answer ii. Calculate the percentage fall in the value of the Yuan, following the central bank’s ‘one-time correction’ (line 25) [3]
Paper 2 question on exchange rates, central banks and intervention in the foreign exchange marketHi Sumeet, Thank you so much for your point - you are completely right. I have made the change. Kindest, Alex
Unit 3.5 Government management of the economy – monetary policyHi IIdefonso, Thank you for your point - I see the confusion and I've made the change. Thanks, Alex
Unit 3.3(3) Macroeconomic objectives: inflation and deflationFor #13, would the answer be 149.53? 144.47 x 1.035 = 149.53
Unit 3.3: Macroeconomic indicators revision quiz
Kristína
Hi, I looked at the video in d) from CNBC and at 4 minutes there is mentioned: "higher the Gini coefficient, the higher the per capita incomes are" which might be not necessarily true:-)isn´t it like a good point for discussion? And another one: "everyone...
Inequality