Homework Answers
Answer:
There are many countries now in recession due to corona virus pandemic so many countries trying to revive their economy.The best way to revive economy and increase productivity is investing in infrastructure projects.
According to famous economist John keynes (keynesian economy) when economy is struggling(recession) government will interfere in market economy and has tp provide fiscal stimulus to revive it.The main component of fiscal stimulus is investing in infrastructure.Keynes famously said a statement "Dig it to refill it" means invest in infrastructure will provide chain reactions in economy.The investment will provide employment to many people which will increase the liquidity among public which will increase the demand in market which further increase the productivity of many sectors.
Infrastructure investment => employment => cash in hand(liquidity) => demand for consumption => others sectors produce more to meet raising demands => Increase productivity => Increase in GDP
THe other advantage is investment in infrastructure will be productive investment because it create physical assets which will be useful for public.For example if state invest in public health infrastructure then it will useful to fight corona pandemic and other health issues in state.Or if state invest in logistics infrastructure it will boost the economy and attract new companies or investments into that state.
There are many countries like USA,India already announced fiscal stimulus package with more concentration on investment in infrastructure So investing in infrastructure will boost the productivity during corona pandemic times.
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examine five main ways by which the COVID-19 pandemic has had training implications in any organisation...
examine five main ways by which the COVID-19 pandemic
has had training implications in any organisation of your choice in
Ghana
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The Coronavirus COVID-19 pandemic and social distancing efforts to slow the spread of this virus have resulted in an unprecedented global economic downturn. Many governments around the world have implemented different fiscal and monetary policy responses with the goal of reducing the impacts of the recession on their citizens. Provide a short discussion (maximum of 3 paragraphs) about one specific policy intervention that interests you, which has been considered or implemented by the Government of Canada or another county. This...
Examine five (5) main ways by which the COVID-19 pandemic has
had training implications in any organisation of your choice in
Ghana.
Talling the newly employed front line workers and contact tracers. Provide justifications to support your answer. LUU (30 marks) QUESTION THREE Examine five (5) main ways by which the COVID-19 pandemic has had training implications in any organisation of your choice in Ghana. (30 marks) Page 1 of 1
examine five main ways by which the COVID-19 pandemic
has had training implications in any organisation of your choice in
Ghana
QUESTION ONE For a company to gain a competitive advantage, its training has to involve more than just basic skill development Supporting your work with practical and real life examples, examine the validity of this statement (40 marks) QUESTIONS TWO The recent increase in the number of COVID-19 cases in Ghana has drawn the attention of government and other...
Question 2: [50 marks] The COVID-19 pandemic is causing tremendous hardship around the world. A recession, likely a severe one, is inevitable. A. Show the short run effects of a decrease in the demand for goods and services caused by the pandemic. Suppose the economy is an open economy that is on a flexible exchange rate. To answer this question, draw the following five diagrams: 1. The goods market, [3 marks] 2. The money market, [3 marks] 3. The IS-LM...
The Covid-19 pandemic forced more than a third of the planet's population under some form of restriction resulting in grave impact on manufacturing firms. Due to the severity of the pandemic, many companies are facing significant operational, financial and liquidity challenges”. [1] Analysts have identified the following as some of the key factors that give rise to these challenges: . Collapse of demand due to locked-down imposed by the government. • Supply shortages and increased prices - Until affected factories...
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