Number of Words : 1676
Number of References : 5
This paper answers the following 2 questions –
1. Assume that the money market is initially in equilibrium for an economy.
Explain with the aid of a diagram how the market adjusts to
(i) an increase in money supply (250 words)
(ii) an increase in real GDP (250 words)
2. Choose an economy of interest to you and answer the following question:
(1000 words max)
What measures did the country’s central bank adopt in the 2008 period, in the face of the worsening global financial crisis? Name 2-3 key measures & describe briefly how it was implemented.
Which of these measures were effective? Which ones were not? Provide an economic explanation of why do you think so.
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AKey : E-6344