Fall 2022Econ 4800:Study Guide for 2ndAnswer the following questions.1. What is Infrastructure?2. How can infrastructure development play a critical role in economic growth?3. Show a...

Answer The following question


Fall 2022 Econ 4800: Study Guide for 2nd Answer the following questions. 1. What is Infrastructure? 2. How can infrastructure development play a critical role in economic growth? 3. Show a macroeconomic equation to convince public that investment in infrastructure can lead to gdp growth 4. Critics may argue that any investment by the government on Infrastructure takes monies away from other important programs. What could be your arguments in favor of such investments? 5. What might be a better mechanism for infrastructure funding and management ? All by the government or Public sector? OR a public-private partnership? Why? 6. What do we mean by International or Global Financial systems? 7. What is international Trade? And where does international trade fit in the global financial systems? 8. What is a Balance of Payments? 9. If a country is running a deficit in its current account does that mean its balance of payment is in trouble? 10. What is the Role of IMF so far countries balance of Payments are concerned? 11. What is an Exchange Rate? 12. What is a Fixed Exchange rate regime and what is a Flexible exchange rate regime? Problem Questions. 1. Say Country A has a Trade Surplus and Country B has a Trade deficit. Does that mean Country A has a bigger GDP compared to Country B? 2. Suppose country C has a Trade Deficit of 200 billion dollars; and Country D has a Trade surplus of 100 billion dollars. Now suppose Country C deflates its currency and Country D does not do anything. What might this policy do to their balance of payments? 3. Express a Multiple Linear Regression Equation to Include the role of Trade deficit or surplus in explaining gdp growth. You may use other variables. 4. Show in a graph how Exchange rate between Dollar and Euro can be determined and changed? 5. Show in a graph how Exchange rate between Dollar and Euro can be determined and changed?