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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.
Explain why each of the following factors may influence the own price elasticity of demand for a commodity. (i) Consumer preferences, that is, whether consumers regard the commod
What is Economics? Economics is explained as the study of how people choose to use their scarce resources in an attempt to satisfy their unlimited wants. In other words, we h
Discuss two factors that would increase demand for labortion..
project work
The economy, however, is facing inflationary pressures. To deal with the macroeconomic problem, the government uses expansionary fiscal policy to decrease taxes and, as an indirect
Problem 1: (a) Differentiate between positive and negative externalities? Justify your answer using examples. (b) To what extent do government policies influence externali
Significance of Stagnation in Supply and Demand Calculus Stagnation refers to failures of students in a grade/class or grade repetition. The objective of a course is to make c
application of indifference curve analysis to the problem of exchange
4) The prevention of major swings in economic activity can be handled most easily by the A. household sector B. business sector C. financial sector D. government sector Explain
The basic concepts of price theory
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