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Economic Growth

1. Discuss how an increase in consumer spending and investment will help achieve growth in Singapore.

2. Explain the factors that determine the equilibrium level of national income.

3. Evaluate the extent to which a cut in interest rate will spur economic growth.

4. Explain how a global recession would impact the Singapore economy.

5. Explain the effect of higher oil prices on the components of AD in the Singapore economy.

6. Explain the potential causes of a recession.

7. Explain how a fall in direct taxes can affect the level of national income.

8. Explain the effects of the USA slowdown on the Singapore economy.

9. Assess the effectiveness of the policies used by the Singapore government to improve the economic performance of the country.

10. Explain how an expansionary budget will help bring an economy out of a recession.