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QUESTION
(a) Explain and evaluate the rational expectations theory.
(b) What is the major argument of the supply side economists in relation to taxation policy? How is it different from that of Keynes?
(c) Explain the Barro-Ricardo Equivalence Proposition.
What factors would you consider while deciding on the frequency along with which you would report progress to (1) senior IS management, and (2) customer management? A main fact
What is meant by the term value tree? Value Tree: A value tree gradually decomposes the overall objectives of a project within more exact objectives which can be agreed through
What are the social economic factors and non economic factors in the development process? Development is a process including change into a number of social economic and non eco
Define the aggregate price level in the macroeconomics. Aggregate Price Level: A nominal measure is a measure which has not been adjusted for modifications into prices
QUESTION 1 (a) Explain clearly the various sources of Industrial Law (b) The mutual consent of the contracting parties is required for a contract of employment to be valid, but
explain ththe test marketing approaches followed by fmcg companys
How does economic system influence the development process? The development experience of free market or capitalist and command as socialist/communist countries is extremely d
What is Conditionality? Conditionality is the needs imposed onto countries as pre-conditions for loans. Into crisis situations member countries seek assist from the IMF for
Find quantity supplied and quantity demanded: Suppose there are 300 used cars, with 3 quality levels: bad, medium, and good. A seller knows the quality of his car but a buyer
What is Foreign Debt Management? Debt management considers as to the arrangements made to: • Protected the suitable amount of borrowing to deliver growth • Ignore excess
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