According to the baseline forecast, the world economies are expected to see an especially pronounced growth slowdown, the growth rate is expected to decrease from 3.4 percent in 2022. What is the projected decline for the year 2023?
The baseline forecast is for growth to fall from 3.4 percent in 2022 to 2.8 percent in 2023, before settling at 3.0 percent in 2024. Advanced economies are expected to see an especially pronounced growth slowdown, from 2.7 percent in 2022 to 1.3 percent in 2023. In a plausible alternative scenario with further financial sector stress, global growth declines to about 2.5 percent in 2023 with advanced economy growth falling below 1 percent. Global headline inflation in the baseline is set to fall from 8.7 percent in 2022 to 7.0 percent in 2023 on the back of lower commodity prices but underlying (core) inflation is likely to decline more slowly. Inflation’s return to target is unlikely before 2025 in most cases.
Objective function was given as Z= 4X+5Y. Four extreme points were given as (0,4), (5,0), (3,3), (3,4). Find at which point function is maximized.
Consider the following:
Statement 1: There exists an inverse relationship between market rates of interest and price of bond
Statement 2...
If interest payments are subtracted from gross fiscal deficit, the remainder will be
Knife edge problem is associated with the following growth models?
Assertion (A): Use of goods and services from which one can be excluded are pure private goods.
Reason (R): Such goods and se...
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
The government provides public goods because
It is given that Qd = 300 - P, Qs = Q/2. Government imposes specific tax in such a way that it maximizes the total tax revenue. Then find out the DWL in...
Which of the following would shift the ‘Marginal Efficiency of Investment’ (MEI) schedule to the right?
A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will become
