Reference no: EM132876867
1. Argue for and against a fixed exchange rate system in an economy. Give valid explanations or illustrations where necessary
2. Explain six causes of the ever rising budget deficits in developing countries
3. Devaluation of currencies of developing countries tends to be ineffective With reference to this statement, analyze the factors that limit the effectiveness of devaluation in developing countries
4. With reference to Keynes liquidity preference theory , distinguish between speculative motive and precautionary motive of holding wealth as money
5. Outline four factors that limit the effective implementation of monetary policy in developing countries
6. Highlight the limitation on the process of credit creation by commercial banks in a developing country
7. Summarize five major reasons why unemployment is a major policy issue in developing country
8. Suggest five policy measures that could be adopted to reduce the level of unemployment in a country
9. State five criticisms of the marginal productivity theory of wage determination
10. Enumerate four determinants for labour in an economy
11. country x has experienced a high inflation rate over the past one year. Highlight the negative effects of the high inflation on the economy of the country x