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What are the leakages in the working of investment multiplier?
The budget deficit can have unfavourable effects. What are the consequences of budget deficit?
Make a distinction between the term positive and normative economics. What are the major characteristics of a merit good?
What do you mean by Fiscal Policy? Also describe the instruments of Fiscal Policy.
“The introduction of money shifts economy to an efficient and Pareto optimal equilibrium”. By Using the Overlapping Generations Model critically examine the above statement.
“Policy can be conducted by discretion or rules... The increased role of expectations led to some economists at loggerheads that it would be best to force monetary policy.
Make a distinction between the orthodox and heterodox perspectives for implementing Intellectual Property Rights (IPRs).
With the help of illustrations, make a distinction between the theories of absolute and comparative advantages.
Explain why Intellectual Property Rights (IPRs) are applied. Based upon an illustration of your own, discuss how the TRIPS agreement influence the fundamental rights of the individuals.
China and India are two countries involved in the production of motorcycles and shoes. The unit labour requirements of the two goods in each country are shown below.
Write down the dissimilar channels of monetary policy? How significant is a developed money market for CENTRAL BANK?
Illustrate out inflation and discuss its origin using Keynesian and Classical theories.
Illustrate out Keynes liquidity preference theory of interest determination. To what extent is floating exchange rate desirable?
Write down the main causes of Economic Growth. To what extent is high economic enlargement desirable for the economy?
What are the factors affecting the internal and external value of Money terms? Examine the impact of the changes in internal and external value of Rupee on the economy and the business sector?
Mention briefly the neo-classical version of IS – LM model.
How can governments provide the mobile industry with long-term clarity and certainty it needs to make substantial capital investments in new networks?
Explain the extent of DVC debt, consequences, and possible solutions including debt forgiveness. List and explain nine policies for promoting economic growth in the DVCs.
Write down three disadvantages of flexible exchange rates. Write down three ways a nation could control exchange rates under the fixed rate system.
Write down the main imports and exports of the United States. Write down two economic points which describe why nations trade.
Write down the negative effects related to rising health care costs. Describe what you mean by the over allocation of resources to health care industry.
Describe the crowding model of occupational discrimination. Write down three main antidiscrimination laws and policies which involve direct government intervention.
Describe the impact of income mobility on income distribution data. Explain changes and causes for changes in inequality through the 1929 47, 1947 69, and 1969 96 periods.
Use public choice theory to explain the contradictions in U.S. farm policy. Explain the world trade impact of current farm programs in the European Union and the U.S.
Describe how the Herfindahl index is used as the guideline by government in deciding whether to permit horizontal mergers.