Unformatted text preview: Discuss qualitative tools:
moral suasion special directives mortage & credit limits margin requirements Effectiveness : refers to notes
Conclusion : more effective during inflation than recession. Q.
When is a person, defined as unemployed? What are the causes of unemployment? Illustrate with suitable diagrams.
Define unemployment.
Explain unemployment occuring due to disequilibrium in the labour market. •
• show the graph
Discuss – real wage unemployment, demand deficient unemployment, and unemployment arising from growth in the labour supply Discuss equilibrium unemployment
seasonal structural frictional Question
Question Commercial banks have an important...
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- Winter '08
- Idson
- Microeconomics, Monetary Policy, legal reserve ratio
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