--%>
Assignment Help - homework help

Define bank rate

Bank rate: This is the rate of interest at which central bank provides loan and advance to commercial banks.

   Related Questions in Microeconomics

  • Q : Vertical Integration-Controlling

    The firm is vertically integrated when it: (1) Consists of an internationally recognized brand name. (2) Promotes career staffs to executive positions rather than hiring the experienced outsiders. (3) Merges with another firm which sells unrelated products. (4) Monopo

    		•
  • Q : What is Budget line Budget line : This

    Budget line: This refers to all combinations of goods that a consumer can purchase with his whole income and price of two goods.

    		•
  • Q : Marginal revenue in kinked-demand model

    Into this "kinked-demand" model, such firm views the marginal revenue curve this faces as the: (1) linear curve acD2 for all prices. (2) linear curve deMR1 for all prices. (3) nonlinear curve adeMR1. (

    		•
  • Q : Linear demand curves and elasticity

    When price falls and quantity rises along a negatively-sloped linear demand curve: (1) total revenues fall till elasticity equals zero, then this rises. (2) demand is decreasingly price elastic. (3) there is a contrad

    		•
  • Q : Percentage change in quantity demanded

    The percentage change within quantity demanded along this demonstrated linear demand curve is: (w) greater than the percentage change within price in range b. (x) smaller than the percentage change within price in range a. (y) precise

    		•
  • Q : Negatively-sloped demand curve for

    A firm which cannot price discriminate although which faces a negatively-sloped demand curve for output: (1) has a marginal revenue curve which is always below which demand curve. (2) will never knowingly produce at a level of output where the price e

    		•
  • Q : Value of commodities and services The

    The value of services and commodities is frequently decomposed into value in: (1) Dollars and value in Euros. (2) Absolute value and prices in relative prices. (3) House-holds and value in organizations. (4) Utilization and value in exchange.

  • Q : Wages-Portion of costs Assume that a

    Assume that a firm with market power in output market wishes to grow up and that hiring more workers needs it to increase wages 8% for all the workers. Output prices will most likely: (1) Increase 8% to cover the wage raise. (2) Increase less than 8% as wages are only

    		•
  • Q : Problem on competitive equilibrium of

    The economy consists of two consumers, A and B. Both consumers are endowed with one unit of good 1 and one unit of good 2. Consumer A is entirely indifferent between all consumption plans. Consumer B has the utility function u(xB1 ; xB

    		•
  • Q : Market Power-Demand for Labor I have a

    I have a problem in economics on Market Power and the Demand for Labor. Please help me in the given question. The lack of competition in product market outcomes in: (1) Less labor being hired than when the markets were competitive. (2) Many labor bein

    		•