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1)a )Explain the role of banks on the money supply. What is money multiplier? Explain.
b) If the Central Bank increases the required reserve ratio what will happen to interest rate? Using appropriate diagram, show equilibrium in the money market.
c) Which monetary policy has meant in the previous question? By using AD-AS analysis, show the effects of this monetary policy on the price and output level both in the short run and long run. Assume that the economy is initially in a long- run equilibrium.
2)By using AS-AD analysis explain why the sustained inflation is a monetary phenomenon
3) Using AD-AS analysis, describe the effects of following actions on the economy both in the short and long run.
a) The central bank makes an open market purchase of government bonds.
b) A decrease in wages.
Write briefly about he Computer System Components. What is a protocol. What is a standard. Do al protocols have to be standards. Explain. Are al standards protocols. Explain.
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suppose you own a travel agency in a large city you have many clients but growth has slowed somewhat. some long term employees are getting discouraged, but feels that there might be a way to make technology work in favor. use your imagination and sug..
Problem 1: Write and test a function that takes the address of three double variables as arguments and that moves the value of the smallest variable into the first variable, the middle value to the second variable, and the largest value into the t..
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