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Question 1:
i. Explain the likely effects of a recession on a government's budget?
ii. How is the operation of fiscal policy supposed to affect the level of economic activity within an economy?
Question 2:
i. Explain what you understand by public goods and merit goods. ii. Evaluate the role and functions of the Bank of Mauritius in ensuring monetary stability in the economy.
Question 3:
i. Distinguish between a tariff and a quota and their economic implication for the Government in international trade finance?
ii. What is a Balance of Payments (BOP) and how Government would intervene to correct a BOP deficit.
Question 4:
i. Explain what is Economic Growth and its potential benefits to the economy.
ii. Explain the term Externality, giving examples of positive and negative externalities and how government deals with these externalities.
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Select a current political, social or environmental issue that is receiving coverage in the media, or choose an organisation you feel needs a better public relations approach, and
#questioi hour classn..
We live in a globalized world economy. Our policy agenda, as we have discussed earlier have changed enormously to include environment, humanity in general as well as the conventio
three basic economics difference between them and definations
The international monetary fund and the World Bank are the main lending financial institutions that give assistance to developing nations in the restoration of their economy. Wh
Q. Show the Traditional decision analysis? Traditional decision analysis rests on the key assumptions about the type of information available to the decision maker. Powerful B
3 voters, A, B, and C, will decide by majority rule whether to pass bills on issues X and Y. Every of the two issues will be voted on indiviually. The change in net profits (in dol
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