Money and the Prices in the Long Run and Open Economies

User Generated

Mhyh06

Economics

Description

Purpose of Assignment – “Singapore”

Week 3 will help students develop an understanding of what money is, what forms money takes, how the banking system helps create money, and how the Federal Reserve controls the quantity of money. Students will learn how the quantity of money affects inflation and interest rates in the long run, and production and employment in the short run. Students will find that, in the long run, there is a strong relationship between the growth rate of money and inflation. Students will review the basic concepts macroeconomists use to study open economies and will address why a nation's net exports must equal its net capital outflow. Students will demonstrate the relationship between the prices and quantities in the market for loanable funds and the prices and quantities in the market for foreign-currency exchange. Student will learn to analyze the impact of a variety of government policies on an economy's exchange rate and trade balance.

Assignment Steps

Resources: National Bureau of Economic Research

Develop a 2,100-word economic outlook forecast that includes the following:

Analyze the history of changes in GDP, savings, investment, real interest rates, and unemployment and compare to forecast for the next five years.

Discuss how government policies can influence economic growth.

Analyze how monetary policy could influence the long-run behavior of price levels, inflation rates, costs, and other real or nominal variables.

Describe how trade deficits or surpluses can influence the growth of productivity and GDP

Discuss the importance of the market for loanable funds and the market for foreign-currency exchange to the achievement of the strategic plan.

Recommend, based on your above findings, whether the strategic plan can be achieved and provide support.

Use a minimum of three peer-reviewed sources from the University Library.

Format your paper consistent with APA guidelines.

User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Explanation & Answer

Hello, kindly find the attached completd work. Thank You.

Running Head: MONEY AND PRICES

1

Money and Prices

Name

Institution of affiliation

MONEY AND PRICE

2

Contents
Introduction……………………………………………………………………………… 3
Analysis…………………………………………………………………………………… 3
Influential government policies…………………………………………………………… 4
Monetary
policies……………………………………………………………………………………

5

Influence on
productivity………………………………………………………………………………

6

References………………………………………………………………………………… 10

MONEY AND PRICE

3

Introduction

In the present economy, it is necessary to make a dynamic market development want to
fittingly estimate the Singapore aura concerning cash, costs, and the open economy over the long
haul. In like manner, it is vital that the arrangement has straightforwardness and consistent quality
to have practical results. To better recognize the pertinent behavioral impacts, determinates that
effect money related strategy, exchange shortfalls, and outside trade, for example, must feature the
hugeness of speculations, work rates, showcase economy development and central leadership.
Dodging unwanted results, the Singapore can stay focused and keep up harmony through an
adjusted national spending that makes overabundances and stabilizers that work smoothly without
issue. Like this, this paper will give a general five-year position on the long-run impacts concerning
cash, costs and open economies.

Analysis

The state of Singapore economy has been moderately in excellent condition when all is
said in none other than an expansion in the Institute for Supply Management Index (ISM) has
stayed positive over the most recent five years. There have been helpful guides from specific usage
expenses and fares that were halfway counter-acted bothersome expansions. Therefore, the present
GDP position has intensified by 2.8 percent or $90.7 billion in the second quarter to a level of
$11,574 billion as indicated by the Bureau of Economic Analysis. The history shows that there has
been an expansion in development since 2009 of 2.8 percent as reported by information distributed
by the Singapore Bureau of Economic Analysis (Dunbar, 2013). The aggregate gross funds for
Singapore were 1547.02 billion dollars for the second quarter of 2016. Moreover, various

MONEY AND PRICE

4

occupation reports were conspicuous as non-benefit payrolls enhanced at the weakest pace since
September 2010.

Subsequently, insights determine concerning per capita GDP that Singapore set as the 6th
most astounding. The Singapore five-year status has been saved through a mix of particular
qualities that comprise of low-loan costs, contract loaning, unreasonable hazard taking in the
business division, raised customer obligation and government assess direction which has enabled
the Singapore execution to be in the best percentile of the best global economies. As of August
20...


Anonymous
Great content here. Definitely a returning customer.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4

Related Tags