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Problem 1
(a) Explain the evolution of exchange rate system in Mauritius.
(b) According to you, what factors determine exchange rates in the long run?
Problem 2
"Inflation is always and everywhere a monetary phenomenon." Discuss.
Problem 3
Clearly evaluate monetary policies that are available for banking and/or economic regulation.
Problem 4
Critically discuss the potentials or threats of a Monetary Union in Africa.
Q. Explain General Equilibrium? General Equilibrium: Neoclassical economics presumes that production, employment, investment and income distribution are all determined by a con
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8,000,000 people in the population who are 16 yrs of age and older. 80% are willing to work. Currently 10% unemployment rate. a. how many people in labor force? b. How many are un
Lakshani has $5 to spend on pens and pencils. Each pen costs $0.50 and each pencil costs $0.10. She is thinking about buying 6 pens and 20 pencils. The last pen would add five time
Human numbers grew as the population after 1800 After 1800, human numbers grew as the population explosion took hold. It carried our entire population to 6 billion in October 1
What main features are found in oligopolies? Assumptions of oligopoly Four or five firm concentration ratio Frequently there are benefits of scale to be had Merg
Environmental pollution may be eloborate as the contamination of the environment, with harmful wastes arising mainly from human activities. All these activities release certain m
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