EXCELCENTRE LEARNING INSTITUTE 0846244729
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 0846244729
Table of Contents
Question 2.01 ............................................................................................................. 4
2.02 What is nominal anchor? Explain the two ways in which a credible nominal anchor
can be beneficial. [10] ................................................................................................ 7
2.03 Classify each of the following as either a policy instrument or an intermediary
target. Explain your answer. [10] ................................................................................ 8
2.04 Differentiate between the main factors in the initiation of financial crises between
the advanced and emerging market economies. [10] ............................................... 11
2.05 The two ways in which government can finance its deficit is through monetizing
the debt and printing money. Explain each of these two ways in detail and what
happens to monetary base and money supply. [10] ................................................. 13
References ............................................................................................................... 16
Education is the most powerful weapon which you can use to change the world
PU E
SHI
NG Y L E NC
OU TO THE GATE OF EXC EL
Education is the most powerful weapon which you can use to change the world
,EXCELCENTRE LEARNING INSTITUTE 0846244729
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore students must use this document ONLY as a guideline. Hence
students have regenerated their own (personalized) solutions paying particular
attention to module contents as prescribed by module facilitators, lecturers and
supervisors. This document’s purpose is to compact all sources of information that
might be relevant to students’ assignments, hence additional knowledge on the
provided information is not restricted by the authors. However, submitting this
document as one’s final work is considered unethical, and students should be
penalized. If this document is plagiarized by the users and fails, EXCELCENTRE
should not be rendered accountable since the contents in this document only give
learners a kick-start on what is expected of them from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE EVERY DETAIL IN THIS
DOCUMENT IN WRITING THEIR ASSIGNMENTS
Education is the most powerful weapon which you can use to change the world
, EXCELCENTRE LEARNING INSTITUTE 0846244729
Table of Contents
Question 2.01 ............................................................................................................. 4
2.02 What is nominal anchor? Explain the two ways in which a credible nominal anchor
can be beneficial. [10] ................................................................................................ 7
2.03 Classify each of the following as either a policy instrument or an intermediary
target. Explain your answer. [10] ................................................................................ 8
2.04 Differentiate between the main factors in the initiation of financial crises between
the advanced and emerging market economies. [10] ............................................... 11
2.05 The two ways in which government can finance its deficit is through monetizing
the debt and printing money. Explain each of these two ways in detail and what
happens to monetary base and money supply. [10] ................................................. 13
References ............................................................................................................... 16
Education is the most powerful weapon which you can use to change the world
