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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.
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(a) Give basic criteria for selecting an outsourcing supplier. (b) What do you understand by Request for Information and Request for Proposal (RFP)? (c) List down question
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QUESTION Evaluate the roles and functions of the Bank of Mauritius in ensuring monetary stability in the economy. Explain Economic growth and its potential benefits to th
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