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Question 1:
Either
‘Today the business organizations are quite different from the traditional classical firm with a wide range of objectives.' Discuss the above statement in the light of the alternative business model's objectives.
OR
Explain the problems which may arise due to information asymmetry and discuss the measures which can be taken to alleviate some of these problems.
Question 2:
Discuss any three of the following:
a) Economic resilience and SIDs b) Financial globalization and economic growth c) Governance in the public sector d) Management of exchange rate risk e) Demand Management policies f) Importance of productivity concepts at firm's level and national level.
Structural Unemployment The decline of the highly localized industry due to international trade causes great problems of regional (structural) unemployment. If it would take
PRINCIPLES OF AN OPTIMAL TAX SYSTEM When taxes are imposed certain conditions must be fulfilled. These conditions are known as Principles or canons of taxation. According to
real GDP is increasingly criticized for its alleged failure to adequately measure the standard of living. To what extent do you think this criticism is valid?
Factors influencing Supply Curve State of technology There is a direct relationship between supply and technology. Improved technology results in more supply as with
business decision making concepts of certainity risk unertainity sources of business risk steps invoived in analysiis of risky decisions risk adjustment etc
Hawtrey views about Trade Cycle Hawtrey views trade cycle as a purely monetary phenomenon. According to him, inventory cycles result from fluctuations caused in the desired rat
What is economics of information
Open Market Operations Open market operations is another traditional or quantitative weapon at the disposal of central bank to control the volume of aggregate bank credit in t
What are the significant tools of the perfect competition and the supply curve? Perfect Competition and the Supply Curve: a. In Perfect competition the characteristics of a
Discuss some of the effects of the economic downturn on supply, demand, inferior goods, complimentary goods, substitute goods, and price. words accepted#
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