Economics, option 4, GASU

1. Theoretical questions
1. Taxes and tax system. Laffer curve.
2. The anti-crisis and anti-inflationary policy of the state.

2. Case study
Nobel laureate Milton Friedman believes that the best ways of state influence on the economy are the provisions: Do not touch the business! and let the market do its job !. Comment on this statement and answer the questions:
1) What is the economic efficiency of the market?
2) What are the limits of state intervention in the market process?

3. Solve the problem
1. As far as it is necessary to increase investment to GDP has increased from 300 to 400 billion den. u If MPC = 0,8?
2. For example, the population of one of the regions of the country is 20 million people. Of them:
-Children under 16 years old - 4.5 million;
-Face legally incapacitated - 0.3 million;
-pensionery - 3.2 million;
-Face, part-time workers - 0.3 million;
-bezrabotnye- 0.7 million.
Determine the level of unemployment.

4. Answer the questions in the test
1. True / False:
a) the volume and dynamics of savings and investments is determined by the influence of the same factors;
b) the rise in prices pushes up the consumption curve;
c) limiting the propensity to consume, and hence limiting the propensity to save depends mainly on the level of prices, especially in the long run.
2. Open the inflation occurs when the price increase as a result of:
a) real growth in production and distribution costs;
b) the excess money supply over the mass of commodities;
c) improve the technical parameters of the product;
d) improve the quality of the product characteristics.
3. The curve shows the relationship between unemployment and the annual rate of price growth - a curve:
a) Lorenz;
b) Phillips;
c) Laffer;
g) trading.
4. If the marginal propensity to consume is 0.5, the multiplier is equal to 5:
a) true;
b) wrong.
Give an example of the multiplier of government spending.
5. The reasons for the shift curves of the individual and aggregate demand are the same:
a) true;
b) wrong.
Justify your answer.

References