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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.
EDPE 4056: Applied Microeconomics Program in Economics and Education Teachers College, Columbia University Prof. Francisco Rivera-Batiz Problem Set 1 Please answer all of the fol
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MUa/MUb how it happens? and why this occur?
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