{"id":434534,"date":"2018-04-24T20:46:16","date_gmt":"2018-04-24T20:46:16","guid":{"rendered":"https:\/\/essaypaper.org\/economic-evaluation-custom-essay-papers\/"},"modified":"2018-10-24T09:03:59","modified_gmt":"2018-10-24T09:03:59","slug":"economic-evaluation-custom-essay-papers","status":"publish","type":"post","link":"https:\/\/www.benedictsol.com\/blogs\/economic-evaluation-custom-essay-papers\/","title":{"rendered":"ECONOMIC EVALUATION | Custom Essay Papers"},"content":{"rendered":"\n
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49003 ECONOMIC EVALUATION<\/span><\/strong><\/p>\n

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Assignment #1 (Autumn 2018)<\/span><\/strong><\/p>\n

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ANSWER-SHEET<\/span><\/strong><\/p>\n

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1.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Provide a summary of the economic performance of the country \u2013 in the Table below. <\/span><\/p>\n

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(5 Marks<\/span><\/strong>)<\/span><\/p>\n

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GDP\u00a0 <\/span>(in billion dollars)<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n

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2008<\/span><\/p>\n<\/td>\n

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2013<\/span><\/p>\n<\/td>\n

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2018<\/span><\/p>\n<\/td>\n

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2023<\/span><\/p>\n<\/td>\n<\/tr>\n

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WITHOUT INVESTMENT<\/span><\/strong><\/p>\n<\/td>\n

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Nominal GDP<\/span><\/p>\n<\/td>\n

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GDP Deflator<\/span><\/p>\n<\/td>\n

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Real (2018 prices)<\/span><\/p>\n<\/td>\n

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WITH INVESTMENT<\/span><\/strong><\/p>\n<\/td>\n

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A<\/span><\/p>\n<\/td>\n

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Real (2018 prices)<\/span><\/p>\n<\/td>\n

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B<\/span><\/p>\n<\/td>\n

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Real (2018 prices)<\/span><\/p>\n<\/td>\n

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Notes: <\/span><\/em><\/strong><\/p>\n

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1)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><\/em><\/strong>Base year for GDP Deflators is 2013.<\/span><\/em><\/strong><\/p>\n

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2)\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span><\/em><\/strong>All entries in this table must be rounded-off to the nearest zeros, i.e., no decimal points.<\/span><\/em><\/strong><\/p>\n

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2.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Which proposal will you recommend? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>A\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>B\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Either\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Neither<\/span><\/p>\n

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Why?<\/span><\/strong> Because ___________________________________________________________<\/span><\/p>\n

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____________________________________________________ <\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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3.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Will your recommendation change if Proposal A results in hyper-inflation? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Yes\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0 <\/span>No\u00a0\u00a0 <\/span><\/span><\/p>\n

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Why?<\/span><\/strong> Because _____________________________________________________________<\/span><\/p>\n

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____________________________________________________<\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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4.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Which proposal will you recommend on the basis of GDP deflators? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Yes\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0 <\/span>No\u00a0\u00a0 <\/span><\/span><\/p>\n

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Why?<\/span><\/strong> Because _____________________________________________________________<\/span><\/p>\n

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____________________________________________________<\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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5.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Will your recommendation change if 2023 is used as the base year for determining Real GDPs instead of 2018 (as is presently the case)? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Yes\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span> No\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/p>\n

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Why?<\/span><\/strong> Because _____________________________________________________________<\/span><\/p>\n

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____________________________________________________<\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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6.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>How much investment (expressed in 2018 dollars) will be needed in (currently investment is $30bn, expressed in 2013 prices) in order to make Proposal A better than Proposal B? <\/span><\/p>\n

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\u00a0<\/span>(2 Marks)<\/strong><\/span><\/p>\n

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<\/span><\/span>\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span>$42bn<\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span>$58bn<\/span><\/p>\n

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\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span>$73bn<\/span><\/p>\n

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\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span>None of the above<\/span><\/p>\n

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Why?<\/span><\/strong> Because _____________________________________________________________<\/span><\/p>\n

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____________________________________________________<\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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7.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>What value of \u2018Marginal Propensity to Consume\u2019 is implicit in your calculations for proposal B? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/p>\n

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<\/span><\/span>\u00a0<\/span><\/p>\n

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Please present your calculations here (just two steps of calculations)?<\/span><\/strong><\/p>\n

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8.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Is the proposal, in this assignment, to invest in infrastructure based on Keynesian or Neo-classical reasoning? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
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\u00a0<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

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\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0<\/span>Keynesian\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Neo-classical\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Either\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Neither<\/span><\/p>\n

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Why?<\/span><\/strong> Because _____________________________________________________________<\/span><\/p>\n

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____________________________________________________ <\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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9.\u00a0\u00a0\u00a0\u00a0 <\/span><\/span><\/span>Will you recommendation change if, say, due to unforeseen Global Financial Crises, the economy experiences a severe deflation and \u2013 as a result \u2013 the GDP Deflator for 2023 gets reduced to 10? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Yes\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0 <\/span>No\u00a0\u00a0 <\/span><\/span><\/p>\n

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Why?<\/span><\/strong> Because ___________________________________________________________<\/span><\/p>\n

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____________________________________________________<\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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\u00a0<\/span><\/strong><\/p>\n

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\u00a0<\/span><\/strong><\/p>\n

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10.\u00a0 <\/span><\/span><\/span>Will your recommendation change if, for Proposal A, people save every dollar of the yearly increase in their incomes as shown in Table 1 of the assignment? (2 Marks)<\/strong><\/span><\/p>\n

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\u00a0<\/span><\/strong><\/p>\n

\u00a0<\/p>\n

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\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>Yes\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>\u00a0\u00a0\u00a0\u00a0 <\/span>No<\/span><\/p>\n

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\u00a0<\/span><\/p>\n

\u00a0<\/p>\n

Why?<\/span><\/strong> Because ____________________________________________________________<\/span><\/p>\n

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____________________________________________________<\/span>(no more than 10 words)<\/strong><\/span><\/p>\n

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\u00a0<\/span><\/p>\n

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\u00a0<\/span><\/strong><\/p>\n

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\u00a0<\/span><\/em><\/strong><\/p>\n

\u00a0<\/p>\n

In addition to the above, upto 2 marks could be awarded for succinct and cogent answers to various questions and for staying with the word\/page limits.<\/span><\/em><\/strong><\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

v:* {behavior:url(#default#VML);}o:* {behavior:url(#default#VML);}w:* {behavior:url(#default#VML);}.shape {behavior:url(#default#VML);} Normal0false falsefalsefalse EN-AUX-NONEX-NONE \/* Style Definitions *\/table.MsoNormalTable{mso-style-name:\u201dTable Normal\u201d;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-noshow:yes;mso-style-priority:99;mso-style-parent:\u201d\u201d;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-para-margin:0cm;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:\u201dTimes New Roman\u201d,serif;mso-ansi-language:EN-AU;mso-fareast-language:EN-AU;}table.MsoTableGrid{mso-style-name:\u201dTable Grid\u201d;mso-tstyle-rowband-size:0;mso-tstyle-colband-size:0;mso-style-unhide:no;border:solid windowtext 1.0pt;mso-border-alt:solid windowtext .5pt;mso-padding-alt:0cm 5.4pt 0cm 5.4pt;mso-border-insideh:.5pt solid windowtext;mso-border-insidev:.5pt solid windowtext;mso-para-margin:0cm;mso-para-margin-bottom:.0001pt;mso-pagination:widow-orphan;font-size:10.0pt;font-family:\u201dTimes New Roman\u201d,serif;mso-ansi-language:EN-AU;mso-fareast-language:EN-AU;} 49003 ECONOMIC EVALUATION \u00a0 \u00a0 \u00a0 Assignment #1 Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15,1],"tags":[],"class_list":["post-434534","post","type-post","status-publish","format-standard","hentry","category-essay-paper-writing","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/434534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=434534"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/434534\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=434534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=434534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=434534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}