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Question:
(a) State whether the following statements are TRUE or FALSE. Justify briefly your answer.
(i) Money is the most liquid medium to store value.
(ii) An increase in money in circulation leads to a proportionate increase in the general level of prices.
(iii) There is no relationship between the demand for money and interest rate.
American and European monetary authorities implemented expansionary monetary policies to fight recession in 2008 and 2009.
(i) Use the model of money supply to justify the relevance of an expansionary monetary policy during periods of recession.
(ii) Analyse the transmission mechanism of the above monetary policy to the real economy and discuss its efficiency.
Why are markets considered as unsuitable for promoting development? The process of establishing a market system frequently includes radical reform which produces both winners
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Problem 1 Discuss Privatisation in USA with some examples. Explanation of privatisation Advantages Disadvantages Problem 2 Discuss the basic differe
explain major decisions in successful implementation of sales promotion programs
1. Imagine that two countries, Richland and Poorland can produce just two goods, computers and coal. Assume that for a given amount of land and capital, the output of these two pro
summary
Question: There are currently some 421 Regional Trade Agreements (RTAs) around the world. These RTAs normally provide preferential treatment to member countries, which is again
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