Reflect on the different demographic circumstances that gave
rise to the Malthusian and Marxian views on population, compared to
Mill, Dumont, and Durkheim. To what extent do demographic theories
follow the times?
7. According to the absorption approach, the economic
circumstances that best warrant a currency devaluation is where the
domestic economy faces:
a.
Unemployment coupled with a payments deficit
b.
Full employment coupled with a payments deficit
c.
Full employment coupled with a payments surplus
d.
Unemployment coupled with a payments surplus
8. Assume an economy operates at full employment and faces a
trade deficit. According to the absorption approach, currency
devaluation will improve the trade balance if domestic:
a.
Output...
6.What were some of the weaknesses of the national banking
system that gave rise to the Federal Reserve Act?
7.Briefly describe the traditional monetary policy functions and
instruments used by the Fed.
8.Describe the process by which the Federal Reserve System
assists commercial banks in the clearance and collection of
checks.
a. what gave rise to fiscal deficit in Pakistan? Why
was it so difficult to reduce?
b. Does fiscal deficit still exist in Pakistan? If
yes, then suggest measures to reduce it?