Question

Under the challenge of the effects of COVID-19, if you are the advisor to the Minister...

Under the challenge of the effects of COVID-19, if you are the advisor to the Minister of Finance, how would you recommend he reform the tax structure to stimulate the economy and solve the inequality problem in the country after the COVID-19 pandemic.

Business   Economics   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The COVID-19 pandemic is far more than a health crisis: it is affecting societies and economies...
The COVID-19 pandemic is far more than a health crisis: it is affecting societies and economies at their core. While the impact of the pandemic will vary from country to country, it will most likely increase poverty and inequalities at a global scale, making achievement of SDGs even more urgent. If there is an emergence of a severe second wave of COVID-19 in developing countries, as a policy analyst, advice the Minister of Finance and the Governor of the Bank...
The Government of Ghana in an attempt to stimulate the Ghanaian economy after the COVID 19...
The Government of Ghana in an attempt to stimulate the Ghanaian economy after the COVID 19 pandemic has set aside GH¢600 million as a stimulus package for businesses. These stimulus packages are to be in the form of soft loans for businesses. However, some believe that these loans must be extended to firms in industries that are worst hit by the pandemic. As the Finance Director of your company, you have been tasked to present a proposal to the Board...
In 2020, the world is economically held hostage to the COVID-19 pandemic. What role should capital...
In 2020, the world is economically held hostage to the COVID-19 pandemic. What role should capital controls play in recovering from the latest economic crisis? Why would or would not these controls benefit a country or the global economy? How?
1. Covid-19 has slowed down the global economy. In a situation like this, as an advisor...
1. Covid-19 has slowed down the global economy. In a situation like this, as an advisor to the treasurer of federal government of Australia, advise the treasurer on what type of fiscal policy should be enacted? How would this be enacted via taxes? Through government spending What is the intended effect of this policy on aggregate demand? Diagram 2. What effect does rising business optimism and confidence have on the aggregate demand curve? Give examples. 3. Suppose a summer of...
Question 1 The novel corona virus disease (also known as COVID – 19) which started in...
Question 1 The novel corona virus disease (also known as COVID – 19) which started in WUHAN in December 2019 has grounded the global economy to a halt. World crude prices reached their lowest and trade among nations have generally slowed. Production has slowed and jobs are being lost across the globe. Globally, over seven million people have contracted the virus and over four hundred thousand have died. Ghana announced its first two confirmed cases of COVID – 19 on...
Under COVID-19 pandemic, the business world had almost come to a complete stop. Just a few...
Under COVID-19 pandemic, the business world had almost come to a complete stop. Just a few weeks ago, JCPenny, Game Stop and several other retail stores had filed for bankruptcy. If you were the CEO of a traditional brick-and-mortar retail chain, what would you do to help your company survive this global crisis? Explain your solution in details.
NST headline, "Covid-19: How to Improve Our Life." The title of this newspaper headline refers to...
NST headline, "Covid-19: How to Improve Our Life." The title of this newspaper headline refers to an economic plan proposed by a minister. Minister has proposed giving every newborn baby a RM1,000.00 government savings account at birth, followed by five annual contributions of RM500.00 each. If the funds are left untouched in an investment account, then by the time each baby reaches age 65, his or her RM3,500.00 contribution will have grown to RM600,000.00 over the years, even at medium...
Question No 1: (Marks 10) The coronavirus (COVID-19) is affecting 210 countries and territories around the...
Question No 1: (Marks 10) The coronavirus (COVID-19) is affecting 210 countries and territories around the world. As of 12th June 2020, in Oman 21,071 cases of COVID-19 have been reported, including 96 deaths. The coronavirus (COVID-19) outbreak is a major health crisis and disruptions to the global economy. The situation is getting severe due to lockdown as measure to contain the virus. a).  You are required to use aggregate demand and aggregate supply analysis, explain in detail how COVID -...
1 (a) An economy’s money supply growth is 6 per cent, real output growth is 4...
1 (a) An economy’s money supply growth is 6 per cent, real output growth is 4 per cent, and nominal interest rate is 3 per cent. Find the inflation rate. Find the real interest rate. (b) How would falls of GDP growth due to Covid-19 pandemic affect inflation rate in the          economy? (c) What policy would you recommend for the problem in (b)?   
2. (a) An economy’s money supply growth is 6 per cent, real output growth is 4...
2. (a) An economy’s money supply growth is 6 per cent, real output growth is 4 per cent, and nominal interest rate is 3 per cent. Find the inflation rate.                                                                 (1) Find the real interest rate.                                                            (1)         (b) How would falls of GDP growth due to Covid-19 pandemic affect inflation rate in the          economy?                                                                                                             (2)         (c) What policy would you recommend for the problem in (b)?                              (1)
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT