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Q. Explain Function of Central Bank?
Central Bank: A public financial institution, generally established at the national level and controlled by a national government that sets short-term interest rates, lends money to governments and commercial banks and otherwise oversees the operation of credit system. Some central banks also have responsibility for regulating the activities of private banks and other financial institutions.
1. Igora's pizzeria want to know if it should stay open this spring. Total Revenue will be $ 12,000 per week and Total Cost will be $ 18,000 per week. The fixed cost of running the
TC = 1q^3 - 40q^2 + 840q + 1800 Price= $750
Draw a Production Possibilities Frontier with consumer goods on the vertical axis and capital goods on the horizontal axis. Show how the PPF will shift if the production of capita
characteristics of microeconomics
explain how macro and micro issues may be represented using production possibility curve
If the marginal product of labor is 45 units of output and the marginal products of capital is 56 units of output while the wage rate is $20 per worker and the cost of capital is $
diffence b/n fixed and variable input
meaning of opportunity cost
explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
why is normal rate of return on capital included in the total cost and what implication does it have
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