August 26, 2021

Credit creation in commercial banks

How do commercial banks „create credit‟? What are the limitations to this credit creation?
August 26, 2021

Functions of central bank

A central bank is largely referred by economists as the bank at the apex with monetary authority. Clearly explain the major functions of a central bank.
August 26, 2021

Commodity and Money markets of a closed economy

You are given the following information about the commodity and Money markets of a closed economy without government intervention. The commodity market Consumption function: C = […]
August 26, 2021

Term employer include for PAYE purposes

(a) What does the term employer include for PAYE purposes? ( 4 marks) (b) J. Selina is an accountant with K Enterprises Ltd. Details of employment […]
August 26, 2021

The National Metal Works Limited manufactures and retails door and windowframes

The National Metal Works Limited manufactures and retails door and window frames. The company recently dismissed their external auditors. The directors have approached your firm of […]
August 26, 2021

Input-output analysis and Markov analysis

(a) Distinguish between input-output analysis and Markov analysis. (2 marks) (b) A miniature economy has three industries: motor vehicle, electricity and steel. These industries are interdependent., […]
August 26, 2021

Money and money functions

a) Define Money and outline its major functions. (8 marks) b) Explain the various motives of holding money. (6 marks) c) What are the likely effects […]
August 26, 2021

Beta Glassworks Ltd. manufactures bottles for the beverage industry

Beta Glassworks Ltd. manufactures bottles for the beverage industry. The company specializes in producing bottles of three different capacities: 0.2 litre, 0.3 litre and 0.5 litre. […]
August 26, 2021

Gross National Product

The table below represents economic transactions for country XYZ in billions of shillings: Total output Intermediate purchases Agriculture 30 10 Manufacturing 70 45 Services 55 25 […]
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