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Question 1:
i) Is there a stable and inverse link between unemployment and inflation?
ii) The government announces that expansionary policies will be enacted in a view to reduce unemployment. Use Friedman's adaptive expectation framework to show the effects of such policies in both the short run and long run.
Question 2:
i) Describe why the government should make provision of social goods. Briefly describe these goods.
ii) What do you meant by negative externalities? Examine the different means that a government can use to tackle these problems.
Question 3:
Write on any two of the following. (Each part carries equal marks).
i) Public sector borrowing requirement ii) International fiscal coordination. iii) Direct versus Indirect taxes.
applicability of operating cycle in poultry
The NPV decision rule needs that a company invest in all projects that have a positive net present value. This presumes that sufficient funds are available for all incremental proj
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er diagram
IFRS 3 Business combinations necessitate goodwill on gaining to be calculated at the date control is gained. The second gaining gives ROB a 75% holding and consequently control o
Fund of hedge Funds The universe of Fund of Funds (FoFs), often referred to as Fund of Hedge Funds, continues to grow from Year 2000, both in absolute terms and as a relative c
What are the major sections of the statement of cash flows? a.Cash flows from Operations b.Cash flows from investing activities c.Cash flows from financing activities
Accounting Framework The rules and conventions of accounting are generally referred to as the conceptual framework of accounting. As already elaborates in the previous sectio
Q. Show the Present Value of a Single Flow ? Discounting or else Present Value of a Single Flow (Lump Sum):- We are able to determine the PV of a future cash flow using the for
One of the well-known soccer clubs in Australia, Sydney, has made a decision to include its players on the club's statement of financial position as assets. These players are signe
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