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!
Determinants of the money supply
Two extreme situations are imaginable. In the first situation, the money supply can be determined at exactly the amount decided on by the Central Bank. In such a case, economists say that the money supply is exogenous and speak of an exogenous money supply.
In the other extreme situation, the money supply is completely determined by things that are happening in the economy such as the level of business activity and rates of interest and is wholly out of the control of the Central Bank. In such a case economists would say that there was an Endogenous money supply, which means that the size of the money supply is not imposed from outside by the decisions of the Central Bank, but is determined by what is happening within the economy.
In practice, the money supply is partly endogenous, because commercial banks are able to change it in response to economic incentives, and partly exogenous, because the Central Bank is able to set limits beyond which the commercial banks are unable to increase the money supply.
Question: i) The manager of Top Rock Company is introducing a new product that will yield $200 millions in profits if the economy does not go into recession. However, if a rec
Marginal Cost This is the increase in total cost resulting from the production of an extra unit of output. Thus, if TC n is the total cost of producing n
The Historical development of money For the early forms of money, the intrinsic value of the commodities provided the basis for general acceptability : For instance, corn, s
INTERNATIONAL TRADE Definition It is the exchange of goods and services between one country and another. International Trade can be in goods, termed visibles or in servi
Definition of Elasticity Is defined as the ratio of the relative change of one (dependent) variable to changes in another (independent) variable, or it's a percentage change o
monopoly
Describe the Application of economic theories Pertinent business decisions necessitate an unambiguous understanding of the environmental and technical conditions under which bu
What is Microeconomics It studies the principles and problems of an individual business firm or an individual industry. It services the management in evaluating and forecasting
#question.meaning of isoquants and its types
Q. Explain about Cardinal utility? A measure of utility or satisfaction derived from consumption of services and goods which can be measured using an absolute scale. Cardinal u
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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd