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question 1a what are the objectives and instruments of monetary policyb with financial liberalisation there is a need to shift from direct
question 1a compare and contrast the main theories of a demand for moneyb specify a money demand function for a small island economy like
question 1a explain the meaning of asymmetric information adverse selection and moral hazard and their implications on the role of commercial banks
questiona analyse the activist and non-activist policy makers choice between implementing a policy rule or a discretionary monetary policyb explain
questiona state whether the following statements are true or false clearly explain your answerithe keynes liquidity preference theory stipulates that
problem 1how can a manager of a supermarket maximise total revenue using various concepts of elasticity of demand use examples to illustrateproblem
question 1critically examine alternative theories of money demand and specify a demand for money equation for mauritiusquestion 2discuss the
questionexplain the meaning of classical dichotomy neutrality of money and walras lawb in a walrasian general equilibrium model with money as a unit
a company uses 2 inputs k and l in its production function the production function is given as where q k and l are in units per week price of
draw the total revenue curve and the total cost curve showing the profit maximizing
questionwrite detailed notes on the followinga activist and non activist monetary policy debateb optimality of policy rule compared to discretionary
questiona use graphical methods to distinguish between cost push and demand pull inflationb explain how a budget deficit of the government can cause
questiona compare and contrast the two major transmission channels that characterizes the credit viewb discuss which asset price channel of
questiona i define the velocity of circulation of moneyii by comparing the fischers quantity theory of money and keynes liquidity preference
questionaexplain the real business cycle theorybusing appropriate diagrams differentiate between inflationary and deflationary gapscdifferentiate
questionaexplain and evaluate the rational expectations theorybwhat is the major argument of the supply side economists in relation to taxation
questionadifferentiate between the fixed and floating exchange rate modelsbdiscuss the effectiveness of the floating exchange rate modelcexplain the
questionaexplain what factors might determine the level of investment in an economyblsquoif investment increases it will cause an increase in income
questionaexplain the 3 methods of calculating national incomebwhy do all countries in the world calculate their national income every year despite
questiona what are the main types of unemploymentb mauritius has been facing an alarming rate of unemployment during the last 5 yearsi what reasons
questiona explain clearly what inflation is and elaborate on its main causesb there is a trade-off between inflation and unemployment do you agree
questiona define a public good and discuss how free riding might be a problem in the provision of a public goodb what is the rationale for government
questiona explain the relationship between scarcity choice and opportunity costb distinguish between centrally planned laissez-faire and mixed
question 1a illustrate the main causes of inflation in mauritiusb critically analyse the costs of inflation which of these items is likely to have
questionwrite short notes on any three 3 of the followinga national income and the standard of livingb globalization and its implications for