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QUESTION 1:
What distinguishes Keynes' Liquidity preference Framework from Friedman's Modern Quantity Theory?
QUESTION 2:
Analyse the monetary policy tools that the Central Bank can use to manipulate the money supply and give the advantages and disadvantages of each.
QUESTION 3:
(a) Analyze the traditional interest rate channel of monetary transmission mechanism.
(b) Analyse the two types of monetary transmission channels proposed by the credit view.
QUESTION 4:
(a) What is the meaning of inflation.(b) Analyse the causes of inflation. (c) Describe the link between budget deficits and inflation.
Q. What do you meant by Deficit? Deficit: When a business, government or household spends more in a given period of time than they generate in income, they suffer a deficit. A
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if the inverse demand curve is p=120-Qand the marginal cost is constant at 10, how does charging the monopoly a specific tax of 10 per unit affect the monopoly optimum and the welf
RATIONAL EXPECTATIONS AND ECONOMIC THEORY : Much of undergraduate macroeconomic theory is discussed on the assumption that, in the short run, the expectations of economic age
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what are the merits and demerits of deductive inductive methods in economic analysis?
veblen effect
is south african economic system more allocative efficient?
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