PTGS9 Week 5 Assignment
Assignment Cover Sheet
Lecturer’s Comments Form
SECTION A: TO BE COMPLETED BY STUDENT
This assignment cover sheet needs to be included with each assignment. Please complete all details clearly.
If you are submitting your assignment on paper, please staple this sheet to the front of each assignment.
If you are submitting your assignment online, please ensure this cover sheet is included in front your assignment.
Please check your course information booklet for assignment submission deadline and information.
Family Name
PHUA
Given Names
SHENG YONG
Program/Intake
PTDipGS9
Student/ CT No.
CT0078908
Module’s Name
Economics
Lecturer’s Name
Mr. Derek Hui
Assignment No.
-
Assignment Due Date
19/08/2014
DECLARATION: I hereby declare that the attached assignment is my own work. …show more content…
Although there is a recession from 2008-2009, the unemploment rate was still kept low with government splurging on high expenditure active labour market programmes and giving strong incentives making unemployees to quickly move into the work force.
Switzerland government play a major role in easing the recession by having a few fiscal policies, that include changing their taxation and spendings making sure that the economy is able to withstand the blow. It also set up expandsionary measures to speed up the economic activities in times of future recession. The Swiss National bank on the other hand contributed by making provision to reduce supply in the money market. In short, they have taken the prudent approach when making economic decision as so they are able to withstand any future external
Lecturer’s Comments Form
SECTION A: TO BE COMPLETED BY STUDENT
This assignment cover sheet needs to be included with each assignment. Please complete all details clearly.
If you are submitting your assignment on paper, please staple this sheet to the front of each assignment.
If you are submitting your assignment online, please ensure this cover sheet is included in front your assignment.
Please check your course information booklet for assignment submission deadline and information.
Family Name
PHUA
Given Names
SHENG YONG
Program/Intake
PTDipGS9
Student/ CT No.
CT0078908
Module’s Name
Economics
Lecturer’s Name
Mr. Derek Hui
Assignment No.
-
Assignment Due Date
19/08/2014
DECLARATION: I hereby declare that the attached assignment is my own work. …show more content…
Although there is a recession from 2008-2009, the unemploment rate was still kept low with government splurging on high expenditure active labour market programmes and giving strong incentives making unemployees to quickly move into the work force.
Switzerland government play a major role in easing the recession by having a few fiscal policies, that include changing their taxation and spendings making sure that the economy is able to withstand the blow. It also set up expandsionary measures to speed up the economic activities in times of future recession. The Swiss National bank on the other hand contributed by making provision to reduce supply in the money market. In short, they have taken the prudent approach when making economic decision as so they are able to withstand any future external