Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
It is sometimes asked whether credit cards are money since many purchases are made using these. Credit cards are a means of obtaining credit and using this to finance expenditure, but they are not money. In fact, they substitute for money at the time purchases are made. And payment is ultimately made by movement of bank deposits, initially when the credit card company pays traders, and subsequently when users of credit cards pay the credit company.
Banks can create deposits and if they do so to settle the claims of traders, the use of credit cards can lead to an increase in the money supply. In this sense credit cards function as money only to the extent that credit bills are unpaid. However, unpaid credit bills are not recorded in the official measures of the money supply because it is impossible to calculate the amount of credit outstanding at any moment of time.
The final and most important part of the methodology is the impulse response functions which will provide the most information with regards to the aim of the project. In order to a
Whenever real GDP declines, nominal GDP must also decline
How could utility theory help us understand the difference between a federal income tax and a federal sales tax on consumer consumption patterns?
list and discuss the major markets and four agents in the circular flow economic?
Q. Define Nominal wages? The nominal wage is wage per unit of time in the currency used in the country- what we usually just call wage. When we mention wage in macroeconomics w
Suppose the potential level of real domestic output (Q) for a hypothetical economy is $160 and the price level (P) initially is 200. Use the following short-run aggregate supply
WHAT IT MEAN
The fact that price and quantity demanded are related negatively illustrates the? a. law of supply b. law of quantity supply c. law of demand d. law of quantity demande
what is economic laws ans characteristics of economic laws?
Describe the meaning of word -Investment When we use the word investment, we generally mean "gross investment". Essentially, gross investment comprises all finished goods which
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd