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Hbc 2125;Maroeconomics Question Paper

Hbc 2125;Maroeconomics 

Course:Financial Engineering

Institution: Jomo Kenyatta University Of Agriculture And Technology question papers

Exam Year:1



JOMO KENYATTA UNIVERSITY OF AGRICULTURE AND TECHNOLOGY
HBC 2125;FINANCIAL ENGINEERING
IST YEAR SEMESTER 2
OCTOBER 2013
CAT 1

1.Explain phases of a business cycle.(4 marks)
2.outline two causes of inflation.(4marks)
3.using diagrams distinguish IS and LM curves.(5 marks)
4.To what extent should money be scarce(10 mrks)
5.distinguish direct and indirect taxes(3 maks)
6.explain fiscal and monitary policies used to check inflation.(8 marks)






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