(a) Country Alpha has a fixed exchange rate system and free capital mobility. Due to an economic recession and a trade deficit, it is pursuing an expansionary fiscal policy to improve the country’s balance of payments. Illustrate and discuss if this expansionary fiscal policy is effective to achieve the country’s economic growth and balance of payments.
(b) Country Sigma is an open economy with a flexible exchange rate and it pursues a contractionary monetary policy which will lead to lower real income and price level. Explain how this is possible.
SECTION B (Total 25 marks)
Prepare a video recording of the presentation of at least 3 minutes but not exceeding 6 minutes. There are two methods for ECA video assignment submission; either Record Media or Upload Media. For Upload Media, please note that your file size should be no more than 500MB and the format is in .mp4.
SECTION C (Total 10 marks)
Prepare a set of PowerPoint presentation upon which the video presentation is based. Please note that the PowerPoint must be converted to PDF before submission to Canvas.
Answer the question given below with all the relevant points-
Present the results of three relevant clinical trials and discuss study size, power, and measurable disease end points for malaria clinical trials, methods of measuring and estimating endpoints and the advantages and disadvantages of particular endpoints used. Also discuss the clinical trial results.
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