-Adopting direct controls by the government to limit the volume of imports.
-Use of devaluation or expenditure switching policy.
-Through adjusting capital inflows or movement within the country.
-Use of expenditure reducing policies within the country.
-Adjusting the income exchange rates so as to minimize the trade deficit. .
-Stimulating exports and imports substitutes within our country.
-Adjustment through exchange depreciation thus affecting the price effect.
franco crick answered the question on February 27, 2018 at 08:45
-
Discuss the effects of inflation in Kenya and their possible solutions.
(Solved)
Discuss the effects of inflation in Kenya and their possible solutions.
Date posted:
February 23, 2018
.
Answers (1)
-
Explain the concept of consumer sovereignty
(Solved)
Explain the concept of consumer sovereignty
Date posted:
February 22, 2018
.
Answers (1)
-
Define the term inefficiency as used in the simple productions possibility model
(Solved)
Define the term inefficiency as used in the simple productions possibility model.
Date posted:
February 22, 2018
.
Answers (1)
-
State the assumptions necessary to represent production possibilities in a simple production possibilities curve model
(Solved)
State the assumptions necessary to represent production possibilities in a simple production possibilities curve model.
Date posted:
February 22, 2018
.
Answers (1)
-
State three components of economic efficiency
(Solved)
State three components of economic efficiency.
Date posted:
February 22, 2018
.
Answers (1)
-
Define the term economic policy as used in microeconomics
(Solved)
Define the term economic policy as used in microeconomics.
Date posted:
February 22, 2018
.
Answers (1)
-
Explain the difference between microeconomics and macroeconomics
(Solved)
Explain the difference between microeconomics and macroeconomics.
Date posted:
February 22, 2018
.
Answers (1)
-
State and explain the types of isoquants in microeconomics
(Solved)
State and explain the types of isoquants in microeconomics
Date posted:
February 22, 2018
.
Answers (1)
-
What is an isocost line?
(Solved)
What is an isocost line?
Date posted:
February 22, 2018
.
Answers (1)
-
Why is an isoquant negatively inclined?
(Solved)
Why is an isoquant negatively inclined?
Date posted:
February 22, 2018
.
Answers (1)
-
What does the slope of an isoquant represent?
(Solved)
What does the slope of an isoquant represent?
Date posted:
February 22, 2018
.
Answers (1)
-
State five assumptions of isoquants
(Solved)
State five assumptions of isoquants.
Date posted:
February 22, 2018
.
Answers (1)
-
What is the difference between an isoquant and an indifference curve?
(Solved)
What is the difference between an isoquant and an indifference curve?
Date posted:
February 22, 2018
.
Answers (1)
-
State the similarities of isoquants and indifference curves
(Solved)
State the similarities of isoquants and indifference curves
Date posted:
February 22, 2018
.
Answers (1)
-
Give measures an entrepreneur would take to gain a competitive edge over other competitors
(Solved)
Give measures an entrepreneur would take to gain a competitive edge over other competitors.
Date posted:
February 21, 2018
.
Answers (1)
-
Under indifference curve analysis, a consumer is considered to be at equilibrium when certain conditions are met, state these conditions
(Solved)
Under indifference curve analysis, a consumer is considered to be at equilibrium when certain conditions are met, state these conditions.
Date posted:
February 21, 2018
.
Answers (1)
-
Define properties of indifference curves in economics
(Solved)
Define properties of indifference curves in economics
Date posted:
February 21, 2018
.
Answers (1)
-
Outline two schools of accessing consumer utility
(Solved)
Outline two schools of accessing consumer utility.
Date posted:
February 21, 2018
.
Answers (1)
-
State three types of goods which disobey the law of demand
(Solved)
State three types of goods which disobey the law of demand.
Date posted:
February 20, 2018
.
Answers (1)
-
Distinguish between the following terms: demand curve and demand schedule, ordinal utility theory and cardinal utility theory, consumer surplus and producer surplus, arc elasticity and point elasticity
(Solved)
Distinguish between the following terms:
demand curve and demand schedule
ordinal utility theory and cardinal utility theory
consumer surplus and producer surplus
arc elasticity and point elasticity
Date posted:
February 20, 2018
.
Answers (1)