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Given the following equations for a certain economy:
C = 100 + 0.75 Y
I = 560
X= 350
M = 40 + 0.15Y
Suppose the figures are in US Dollars billion, determine the equilibrium level of income. (5 Marks)
Date posted:
August 1, 2018
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State and explain the three components of Balance of Payments (BOP).
Date posted:
August 1, 2018
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What do you understand by the terms floating exchange rate regime and pegged exchange rate regime?
Date posted:
August 1, 2018
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Explain four reasons why residents of any country demand foreign currency in the foreign exchange market
Date posted:
August 1, 2018
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State the theory of covered interest parity.
Date posted:
August 1, 2018
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Explain the difference between covered interest arbitrage and uncovered interest arbitrage.
Date posted:
August 1, 2018
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Describe a full-reserve banking system.
Date posted:
July 27, 2018
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Give a critical view on Fractional-reserve banking.
Date posted:
July 27, 2018
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Over the past decade, there has been a trend towards increasing the independence of central banks as a way of improving long-term economic performance. In respect to this statement discuss any 4 types of independence of a typical central bank.
Date posted:
July 27, 2018
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The Central Bank has several instruments to use to counter changes in the market and influence price stability. Discuss any 5 of the instruments.
Date posted:
July 27, 2018
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Discuss any five (5) determinants of the changes in interest rates.
Date posted:
July 27, 2018
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Assess the main reasons as to why the government regulate business activities in your country.
Date posted:
July 26, 2018
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Explain six reasons why developing countries should invest largely in small scale industries rather than in large scale industries.
Date posted:
July 26, 2018
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Explain the measures that can be taken to curb the challenges developing countries face in their industrial sectors.
Date posted:
July 26, 2018
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Examine the key obstacles faced by developing countries in their industrial sectors.
Date posted:
July 26, 2018
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Let us say there is a sudden increase in demand in Kenya for Italian products. Explain how this increase will have an impact on the money supply in Kenya's economy
Date posted:
July 21, 2018
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Outline functions of tender committee.
Date posted:
July 16, 2018
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Outline the functions of a Procuring Unit or procurement department in public organization.
Date posted:
July 16, 2018
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Outline reasons for the Termination of the Director General
Date posted:
July 16, 2018
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Discuss Values of Good Procurement Governance
Date posted:
July 16, 2018
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Explain the positive impacts of a rapidly growing population.
Date posted:
July 16, 2018
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Analyse the likely impact on consumer and producer surplus of the introduction of a minimum price for a unit of alcohol.
Date posted:
July 9, 2018
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With the aid of appropriate examples, explain the main features of oligopoly.
Date posted:
July 9, 2018
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Critically examine the assumption that firms will always aim to maximise profits.
Date posted:
July 9, 2018
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Critically examine the view that advertising should be restricted not least because it is wasteful and distorts markets
Date posted:
July 9, 2018
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Critically examine the view that setting a target for the rate of inflation does more harm than good.
Date posted:
July 9, 2018
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Explain the difference between a rise in the general price level and a rise in the rate of inflation.
Date posted:
July 9, 2018
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Evaluate the view that economic growth should no longer be the main objective of government policy
Date posted:
July 9, 2018
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Critically examine the response of the UK Government and the Bank of England to the recent credit crunch.
Date posted:
July 9, 2018
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Analyse the impact of the credit crunch upon aggregate demand in the UK
Date posted:
July 9, 2018