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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.
Variability - The extent to which the possible outcomes of uncertain event may vary * Variability: A Scenario - Assume that you are choosing between two part time sales
in the context of managerial economics how do you explain a rational producer.illustrate giving example.
What is methodological economics? how its significance, Describe use of methodological economics...
What is the distinguishing characteristic of institutions in the public purpose sphere? The distinguishing characteristic of institutions in the public purpose sphere is that t
(i) When the demand function is 2Q - 24 + 3P = 0, find the marginal revenue when Q=3. (ii) Given the demand function 0.1Q - 10 +0.2P + 0.02P2 =0, calculate the price elasticity of
How has the haberler''s theory of opportunity cost an improvement over the classical theory of trade
How might one assess if a country in experiencing both growth and development? This is a matter of explaining clearly both growth and development; growth is an enhance in GDP (
explain how microeconomic and macroeconomic issues may be represented using the production possibility curve
illustrate and explain the changing demand for big mac using the indifference curve and budget line
Laspeyres index The Laspeyres index tells us that: - The amount of money at present year prices which an individual requires to purchase bundle of goods and services which w
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