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Q. Role of Monetary Policy?
Monetary Policy: Monetary policy reflects the use by government and government agencies (mainly the central bank) of interest rate adjustments and other levers (like various banking regulations) to influence the flow of new credit into economy, and thus rate of economic growth and job-creation. A ‘tight' monetary policy tries to reduce growth of new credit (through higher interest rates); a ‘loose' monetary policy tries to stimulate more credit creation and hence growth.
what are the properties of cost function
fig2.3 elaplanition of sales maximisation
1)The productive capability of an economy is such that to produce 5 units of military good it takes 2 workers to be employed while 10 units of consumer goods require 3 workers. Res
Q. Describe Classical Economics? Classical Economics:Tradition of economics which began with Adam Smith and continued with other theorists including Thomas Malthus, David Ricar
Suppose an economy has four sectors, Agriculture (A), Energy (E), Manufacturing (M), and Transportation (T). Sector A sells 10% of its output to E and 25% to M and retains the rest
value of marginal product
Environmental pollution may be eloborate as the contamination of the environment, with harmful wastes arising mainly from human activities. All these activities release certain m
During the 1990s, technological advance reduced the cost of computer chips. Explain, with the use of supply and demand diagrams, how the following markets are affected in terms of
Interest rate sensitivity can also be understood from another perspective. The total cost of a commodity is not just its price, but also what must be paid to borrow money to purch
Draw a marginal utility cureve for a good that has a constant marginal utility
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