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Question 1:
Discuss the alternative theories of the demand for money and their relevance in specifying a demand for money function for a small island developing economy like Mauritius.
Question 2:
(a) Highlight the main measures of money supply in the Mauritian financial sytem
(b) What are the main determinants of money supply?
Question 3:
(a) What are the main objectives of monetary policy?
(b) Explain the rationale for shifting from direct to indirect market based instruments of monetary policy with financial liberalisation.
Question 4:
Discuss the main macroeconomic and microeconomic functions of a Central Bank.
For a single nonprofit provider, describe an output-maximizing model to predict supplier behavior.
Relation between nominal interest rate, real interest rate and inflation If we denote the nominal interest rate by R, the real rate by r and the expected inflation by p e then
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What are the main aspects of globalisation Two of the other main aspects of globalisation are greater international mobility of capital and to some extent of labour. Globalisa
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The price level is the monetary value of a good or service.
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Q. What do you mean by Gross domestic product? Perhaps the most significant concept in macroeconomics is Gross Domestic Product (GDP): Gross Domestic Product (
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