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!
Q. What is the basic function of Central banks?
A central bank is a public authority which is responsible for monetary policy for a country or a group of countries. Two significant central banks are the European Central Bank (for countries which are members in the European Monetary Union) and Federal Reserve of the United States.
Central banks have a monopoly on issuing national currency and primary responsibility of a central bank is to preserve a stable national currency for a country (or a stable common currency for a currency union). Stability is a number of times specified in terms of inflation and/or growth rate in the money supply.
Other significant responsibilities include providing banking services to commercial banks and government and regulating financial markets and institutions. In this sense, a central bank is the "bankers' bank" - other banks can borrow from or lend money to the central bank. Consequently all banks in a country have an account in the central bank. When a commercial bank orders currency from central bank, corresponding amount is withdrawn from this account. This account is also used for transfers between commercial banks. Central banks also manage country's foreign exchange and gold reserves.
How credit is created or the creation of credit
why is international trade important for south Africa
Which of the following is a result of an export subsidy? a. The imposing nation always benefits from an export subsidy. b. The imposing nation suffers a terms of trade loss from an
What are the potential advantages of economic growth? The potential advantages of growth include • More goods and services are accessible to satisfy more want and requireme
what are the effects of interest rate in the economy of south africa in unemployment, economic groth, employment. and economic growth
In order to estimate aVAR, alag length must be used in the estimation. There are many different criteria which can be used to signal the ideal lag length to use.Asteriou & Hall (20
1. if the marginal cost of seating a theatergoer is $5 an the elasticity of demand is -3, the profit maximizing price is? 2. A firm determined that its total cost of production
To the extent that statutory compliance mandates conditions that formerly were only available to workers who had union negotiating power to win such conditions at the bargaining ta
Long-Run Labor Demand: Graph an increase in the wage when only labor is a 'normal' input to production. Graph an increase in the wage when both inputs are 'normal'
How is the global social progress being measured today? Name some indicators of development progress that you believe reasonably reflect actual progress. What roles do corporate ci
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd