August 3, 2021

Monetary Policy and Central Banking Authorities

(a) Define the term Monetary Policy. (2 marks) (b) Discuss any four instruments of this policy used to control and regulate money supply by the Central […]
August 3, 2021

Economic policy decisions

(a) Explain what is meant by the terms own price, income and cross elasticities of demand. (9 marks) (b) How and when is the concept of […]
August 3, 2021

Measurement of the National Income of a country

a) Discuss the different approaches used in the measurement of the National Income of a country. (6 marks) b) The Economic Advisory Department of Examland has […]
August 3, 2021

The least squares method

The number of plumbing repair jobs by Joy Plumbing Service in each of the last nine months in Miami town are listed below: Month Jobs March […]
August 2, 2021

Type of data that form a normal distribution

(i) Give some examples of the type of data that form a normal distribution. (ii) Under what conditions can the normal distribution be used as an […]
August 2, 2021

The directors of Totale engineering Company Limited presented the following

The directors of Totale engineering Company Limited presented the following Profit and Loss for the year ended 31 December 2005: Sh. Revenues Sales Interest on Government […]
August 2, 2021

Carrying out an audit

You are carrying out the audit of ACB Computers limited for the year ended 31 December 2003. The company assembles microcomputers purchased from the Far East […]
August 2, 2021

Test the manager‟s conviction

A manager is convinced that a new type of machine does not affect production at the company‟s major shop floor. In order to test this, 12 […]
August 2, 2021

Prior to an advertising campaign

Prior to an advertising campaign, 35 percent of a sample of 400 housewives used a certain product. After the campaign, 40 percent of a second sample […]
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