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Question 1:
a. Discuss the alternative theories of money demand.
b. Highlight the impact of financial liberalization on the money demand in a small island developing economy like Mauritius.
Question 2:
a. Explain the meaning of neutrality of money and classical dichotomy.
b. Discuss Patinkin's ( 1965) proof of the existence of inconsistency and invalid dichotomy in a Walrasian general equilibrium model containing a money market .
c. Discuss Patinkin's ( 1965) solution to make the above model determinate and consistent.
“Managerial economics involves use of economic analysis to make business decisions involving the best use of a firm’s scarce resources” Explain the statement with suitable example.
The comparability principle Associations representing workers providing services - clerical, postal, teaching, etc. - have always attempted to apply the "principle of comparab
Management Decisions: An effective demand forecast assists the management to take suitable steps in factors which are relevant to decision making like plant capacity, raw-material
Green Shield Insurance gives NEMO Corporation with coverage for prescriptions, dental work, and extended health services. Every subscriber uses $435 worth of dental services per ye
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
KEYNESIAN VIEW ON UNEMPLOYMENT Keynes in his General Theory presented a view that fluctuations in aggregate demand (AD) influences the equilibrium level of output. Thus
Plot the demand schedule and draw the demand curve for the data given for Marijuana in the caseabove.
ECONOMIC EFFECTS OF TAXATION a. A deterrent to work Heavy direct taxation, especially when closely linked to current earnings, can act as a serious check to production
Consider the following table. It shows the market shares of seven clothing stores (A to G) in five dissimilar cities. a) Calculate the Herfindahl index (?H) for each city.
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