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1)Distinguish between an dominant strategy and a nash equilibrium 2)How does majority voting rule and Condorcet paradox illustrate the Arrow's Impossibility Theorem? 3)Discuss the role of the foreign exchange market in an economy
1)Distinguish between an dominant strategy and a nash equilibrium
2)How does majority voting rule and Condorcet paradox illustrate the Arrow's Impossibility Theorem?
3)Discuss the role of the foreign exchange market in an economy.
4)Distinguish between an expansionary fiscal policy (monetary policy) and a contractionary fiscal policy (monetary policy).
5)What are the monetary policy instruments used by the Central Banks? What do they aim to control?
6)Discuss the global development challenges in relation to the Sustainable Development Goals.
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