Macroeconomics

Egypt’s inflation rate rose at its slowest pace in nearly a year in November while the current account deficit fell by more than 65% in the first quarter of the fiscal year, offering the latest evidence that the economy is rebounding. “The economy is turning a corner: 2017 was a very difficult year and 2018 is probably going to be a better year and the recent data backs that up,” said Simon Kitchen, head of strategy at EFG-Hermes, Egypt’s largest investment bank. Since November 2016, the central bank has repeatedly raised its interest rate to damp soaring prices, but faced criticism from business leaders who said that this would stifle growth. Economists said they expected the central bank to start cutting the interest rate that it charges commercial banks in the first half of 2018. EFG-Hermes expects a reduction of some 400 basis points through next year. State and explain if you agree with this statement: ‘While raising interest rates helped to dampen soaring prices, it stifled growth’ from the above information given about Egypt. Based on the Egypt’s scenario above, identify the specific type of policy Egypt’s central bank intends to adopt in the first half of 2018 and provide 2 evidence to support your answer. Trade sector analysts have commented that the policy set to be adopted in 2018 will make Egyptian exports more competitive. State and explain whether is it true or false, and state and explain Its subsequent impact on Egypt’s current account position based on macroeconomics relevant concepts.

After contracting in the last quarter of 2016 and the first of this year, South Africa’s economy has recovered, led by a large expansion in agricultural activity. For 2017, the nation saw an increase in agricultural exports of R22 billion, but incurred a decline in sales of mining and manufactured goods by R6.4 billion. As a preferred investment destination for many of the world’s top companies South Africa saw American MNC, Ford, investing R3 billion at its Pretoria (a city in South Africa) assembly plant in order to increase production for its Ford Ranger model. Japanese automotive manufacturer, Toyota, also invested R6.1 billion in a production plant while German automobile giant, BMW, constructed a R6 billion state-of-the-art body shop and Beijing Automobile International Corporation invested R11 billion in an automotive manufacturing plant in the country. Portfolio flows also climbed, with non-residents buying South African shares and bonds worth R88.4 billion.

Calculate the current account balance, direct Investments, portfolio Investments & financial derivatives, capital and financial account balance, and overall Balance in clear workings steps by steps with clear explanation.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Macroeconomic environment influences the performance of a firm and the magnitude of influence is mostly tied to the stage of a business cycle. Discuss macroeconomic environment associated with recessionary and inflationary periods and how such environments affects businesses. 250+ Words.

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

• Going back to the original T-account (i.e. the withdrawal of part d. did NOT take place), Suppose that due to the mortgage crisis some people default on their loans, and their value thus decreases by 50. What happens to the leverage ratio (assuming the bank makes no changes in reserves)? (2 marks)

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Hello, Please assist to Create a MACRO that will populate the table on Worksheet 8B with the data entered into the blue cells below on Worksheet 8A. Insert a button control that says “Click Here” per the prompt below. Make sure that the rows in the table are populated properly (i.e., multiple rows can exist instead of data being entered into the same row repeatedly). Thanks

• Attachment 1
• Attachment 2

MACRO INSTRUCTIONS : With macros1enabled , enter relevant information into blueMACRO INSTRUCTIONS : With macrosenabled , enter relevant information into blue*MACRO INSTRUCTIONS : With macros3cells below , then click " Click Here " .cells below , then click " Click Here " .enabled , enter relevant information into blue*3DateDate3cells below , then click " Click Here " .4454Date56Employee ID56Employee ID76Employee ID78Clock – in10010023Clock- outClock – in8Clock – in92:00810016756103:00Clock- out4:009Clock- out10857 6901:00LL5:002:00101 1390948126 : 003:0014549987137:004:008:005: 00LL19756988)149:006:001215` J o vi D WN $ {7:0018:001316141718Worksheet&A| Worksheet&B( + )Worksheet&A| }Worksheet & BWorksheet&A| Worksheet &B

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"

Mack Fuels produces a gasoline additive. The standard costs and input for a 500-liter batch of the additive are

presented below.

Chemical

Standard

Input Quantity

in Liters

Standard

Cost

per Liter

Total Cost

Echol

200

$ .200

$ 40.00

Protex

100

.425

42.50

Benz

250

.150

37.50

CT-40

50

.300

15.00

Totals

600

$ 135.00

The quantities purchased and used during the current period are shown below. A total of 140 batches were made during the current period.

Chemical

Quantity

Purchased

(Liters)

Total

Purchase

Price

Quantity

Used

(Liters)

Echol

25,000

$ 5,365

26,600

Protex

13,000

6,240

12,880

Benz

40,000

5,840

37,800

CT-40

7,500

2,220

7,140

Totals

85,500

$ 19,665

84,420

Calculate:

a) Price Variance

b) Quantity Variance

c) Mix Variance

d) Yield Variance

 

"Looking for a Similar Assignment? Get Expert Help at an Amazing Discount!"