Macroeconomics

Table of Contents

1. Topic pack - Macroeconomics - introduction
2. 2.1 The level of overall economic activity (notes)
3. 2.1 The level of overall economic activity (questions)
   1. Self-test questions
   2. Short questions
   3. Data response (1)
   4. Data response (2)
   5. Long Questions
4. Section 2.2 Aggregate demand and supply (notes)
5. Section 2.2 Aggregate demand and supply (simulations and activities)
6. 2.2 Aggregate Demand and Aggregate Supply (questions)
7. 2.3 Macroeconomic objectives (notes)
8. Low Unemployment
9. 2.3 Macroeconomic objectives (questions)
10. 2.4 Fiscal policy (notes)
11. 2.4 Fiscal policy (questions)
12. 2.5 Monetary policy (notes)
13. 2.5 Monetary Policy (questions)
14. Section 2.6 Supply-side policies (notes)
15. 2.6 Supply-side policies (questions)
16. Print View

Data response (2)

Read the following article written by a Ugandan coffee farmer:

• Promote Agriculture to Boost Our Economy

And then answer the questions below.

Question 1

Define the term 'buffer stocks.

Question 2

To what extent is Gross Domestic Product is an effective measure of the standard of living on Ugandans.

Question 3

Explain whether an annual growth rate of 5.1% in 2010 means that Ugandans livings standards have increased by an equivalent amount.

Question 4

Disuss the reasons behind the fluctuations in the Gross Domestic Product of Uganda.