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!
Q. Describe the working of Commercial banks?
Fact that currency inside commercial banks isn't money may strike you as odd though it is an important principle. 100 dollar bill in the ATM will become money only at the instant you withdraw it. The reason is this. We want the money supply to measure how much is available for immediate consumption. Though currency inside a bank can't be used for consumption and this is why it isn't counted in the money supply. Cash in the bank isn't money though the binary bits in the bank's computer system representing the balance in your checking account are?
An illustration may also explain this important fact:
Although currency inside a bank isn't money, it's still part of the monetary base. 100 euro inside the bank is clearly still worth 100 euro to the bank although we don't include it in the money supply.
Aggregate Demand Policies Both fiscal and monetary policy changes shift the AD curve. Let us see how, starting with a fiscal expansion. See figure 6.2. In the upper panel, the
what does phillip curve signify? how do you reconcile the difference in the shap of the curve in the short run and the long run?
TRADE IN SERVICES: India had objected to the inclusion of trade in services in the agreement for the UR negotiations. The Indian negotiations continued to raise object
A passive deficit is the portion of the deficit that exists when: A. inflation is not fully anticipated. B. inflation is fully anticipated. C. the economy is at potential income. D
Consider an economy with the following characteristics: i. The price-level is fixed ii. The economy is closed (Exports - Imports = 0) iii. Government spending (G) and Inve
Critically explain why interest rates are pro-cyclical, using the supply and demand for bonds framework.
Q. Illustrate the Says Law? With Say's Law, aggregate demand would always be equal to aggregate supply and cross model would be incorrect. Keynes's argument as to why Say's
what is lemda in marginal utility. And how does it affect the consumption
Economics Please Help! Assume that two power plants, Firm 1 and Firm 2, release sulfur dioxide (SO2) in a small urban community that exceeds the emissions standard. To meet the sta
How can consumers become better educated about the products they are considering for purchase? To what extent do you personally go to acquire the best information available?
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