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QUESTION
(a) Analyse the activist and non-activist policy makers' choice between implementing a policy rule or a discretionary monetary policy.
(b) Explain why the policy rule is not credible and discuss the solutions to overcome this problem.
Write detailed notes on any Two of the following:
(a) The equity price channel for transmission of monetary policy.
(b) The credit view.
(c) The causes and persistence of inflation.
(d) Friedman modern quantity theory and its empirical validity.
What is development process? Development process: Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. Th
Draw the line of competition
(a) Assume that Purchase Price is equal to initial Market Value (b) Your Market Rent starts at the indicated level and increases by this factor for all of Year 2 and for each y
How can the savings gap be plugged? Low savings are a barrier type to growth. All developing countries have low incomes therefore low savings. A savings gap can be met through
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QUESTION (a) In several countries recently, many people have become unemployed. Analyse the different types of unemployment in an economy. (b) Define inflation and explain i
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Question 1: (a) "Money demand is inversely related to interest rates and is stable over time." Discuss the theoretical and empirical validity of this statement. (i) Analyse
What would course a fall in equilibrium price?
QUESTION ICT tools are deemed to present considerable opportunities to support a nations' sustainable development. The potential of e-Government in developing countries however
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