Question: (a) Identify and explain options available for raising funds to finance government activities. (4 marks) (b) With regard to fiscal policies, discuss short-run measures a



(a) Identify and explain options available for raising funds to finance government activities. (4 marks) (b) With regard to fiscal policies, discuss short-run measures a government of a developing country may adopt to ensure sustainable economic growth. (10 marks) (c) Outline the reasons for slow economic growth of a developing country. (6 marks) (Total: 20 marks)If U denotes a continuous random variable that is uniformly distributed over the range (-1, 1) and V denotes a discrete random variable that is equally likely to take any of the values {-1,- -,0,-,1} , calculate the variance of U and V . Comment on your answers. [6]A random variable has a lognormal distribution with mean 10 and variance 4. Calculate the probability that the variable will take a value between 7.5 and 12.5. [5]
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