PLEASE PLEASE ANSWER THIS ASAP WITH DETAILS, YOU ARE MY LIFESAVER!
Refer to Passage 1 and answer the following questions.(a)Determine how population decline in big cities in the US affectits economic growth. (9 marks)
(b)Identify TWO suggestions to increase economic growth in bigcities in the US. (6 marks)
(c)The financial system is a group of institutions that helpsmatch the saving of one person with the investment of another.Assuming in a closed economy scenario, identify what you expect thesupply and demand of loanable funds in the big cities of US ifAmericans continue to move into suburbs and exurbs. (6 marks)
d)Illustrate graphically your answer in (b)
Please Please Answer This Asap With Details You Are My Life Saver Refer To Passage 1 And Answer The Following Question 1 (58.28 KiB) Viewed 11 times
Passage 1 Big U.S. Cities Lost More Residents as Covid-19 Pandemic Stretched On San Francisco and Chicago population totals are near 2010 levels By Paul Overberg and Janet Adamy May 26, 2022 Big-city population declines deepened across the U.S. last year as the covid19 pandemic continued sending Americans in search of more space, according to the US census. The largest cities lost a greater share of residents than small- and midsize cities during the year that ended July 1, 2021, new estimates show. Collectively, in the nine cities with more than one million people, the population fell 1.7%, a loss of 419,000 residents. Only two cities in that group grew: Phoenix and San Antonio. The onset of the pandemic in March 2020 set off an initial wave of moves out of cities. The latest census figures suggest that the shift continued as the pandemic dragged on and combined with other economic and demographic forces that began pushing Americans into suburbs and exurbs during the previous decade. For some Americans, the pandemic reshuffled priorities in ways that made city living no longer worth its drawbacks, including higher taxes and elevated crime. Source:https://www.wsj.com/articles/big-u-s-ci ... etched-on- 116333376617mod-hp lead post Refer to Passage 1 and answer the following questions. (a) Determine how population decline in big cities in the US affect its economic growth. (9 marks) (b) Identify TWO suggestions to increase economic growth in big cities in the US. (6 marks) (c) The financial system is a group of institutions that helps match the saving of one person with the investment of another. Assuming in a closed economy scenario, identify what you expect the supply and demand of loanable funds in the big cities of US if Americans continue to move into suburbs and exurbs. (6 marks) (d) Illustrate graphically your answer in (b). (4 marks) (Total: 25 marks)
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