- 20 Marks
MFS – OCT 2022 – L2 – Q1 – Differences Between Monetarists and Intervention in Money Markets
Discuss differences between early and modern monetarists, consensus among economic schools, methods of authority intervention in money markets, and sources of finance for real estate developers.
Question
a. Identify the main differences between the early monetarists or the quantity
theorists, and modern monetarists. What consensus exists between the opinion of the
Classicals, Monetarists and the Keynesians? (7 Marks)
b. What are the methods through which the authorities could intervene in the
operations of the money markets? (8 Marks)
c. List five (5) key sources of finance real estate developers use to finance their housing
projects.
(5 Marks)
[Total: 20 Marks]
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