1a)Explain the quantity theory of money (10marks)

b)Explain any three types of unemployment in kenya (10marks)

2a)Explain any three function of budget for a country (9marks)

b)Explain any three types of budgets (6marks)

c)What are the objectives of macro-economic policy (5marks)

3a)Explain the meaning of inflation (2marks)

b)Explain with relevant examples types of inflation (8marks)

c)What is the impact of inflation to the economy (10marks)

 

 

 

 

 

 

 

 

 

 

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