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QUESTION 1
(a) Illustrate the main causes of inflation in Mauritius.
(b) Critically analyse the costs of inflation. Which of these items is likely to have encouraged the Mauritian government in its adoption of inflation as public enemy number one?
QUESTION 2
(a) Clearly illustrate the types of unemployment that may consist the unemployment level that pertain to the Mauritian economy.
(b) „There is no relationship between inflation and unemployment either in the short run or in the long run? Discuss.
Illustrate some example of the development process affected on culture. Examples of the development process affected on culture: • Foreign Direct investment (FDI) and IMF st
What are the disadvantages of informal economy? Disadvantages of the informal sector are as illustrated below: • don’t pay direct taxes; • Can produce important pollutio
A sample of 58 mutual funds was taken and the mean return in the sample was 14% with a standard deviation of 9.3%. The return on a particular index of stocks (against which the mut
Stakeholders have various interests or ‘stakes’ in a project. How can you find out where to put your management effort? Preferably, all stakeholders will have closely same crit
Calculate the expected yields for a (1,4,2,1) path
QUESTION (a) Discuss whether international trade between countries is always beneficial. (b) What are the economic reasons for protectionism? (c) Does the National Income
Illustrate the highlight report in project management methods. Highlight report: The Highlight Report is the ordinary report by the project manager to the Project Board.
Problem: i) Evaluate the following statement: "The First Theorem of Welfare Economics states that as long as producers and consumers act as perfect competitors and there ar
What is development process? Development process: Development is measured through outcomes that are development occurs while key indicators of human well-being enhance. Th
What are economic sectors? For the functions of analysis the production of goods and services can be classified in four groupings as given below: a. Primary sector b. Se
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