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1 assuming that the central bank follows a simple interest rate target rule write an essay on the determination of the
1 in a closed economy if the money stock is held constant by the central bank an increase in the government decit does
one of the banking innovations in the 1960s was the payment of interest on certain types of demand deposits assume that
present the analysis of the statement that the effects of government decits on aggregate demand depend on the way in
suppose that the government wants to increase its expenditure g and has the options of nancing it by higher taxes bond
it is often asserted that there is a national income identity so that in a closed economy without a government sector
suppose that the economy is such that a positive monetary shock reduces unemployment assume that the central bank likes
1 the time consistency of policy requires the specication of a policy plan for the future say for the next ve years and
1 who should determine the economic policy goals for the nation the government democratically elected by the public or
1 what does nancial intermediation mean what are the different nancial intermediaries in your country which of their
1 how can central bank discounting cause procyclical movements in the money supply how can the central bank eliminate
1 what are the tools available to the central bank for controlling the money supply discuss how manipulation of each of
1 can central banks pursue and achieve multiple goals or must they be conned solely to ghting ination what goals
1 are there in general any problems with the application of cointegration techniques to money supply functions or with
what are the reasons for requiring the use of cointegration techniques in estimating the money supply what would be the
consider the following model aggregate supply yt gamma pt - et-1pt gamma pt - et-2pt aggregate demandyt mt - pt
modern classical macroeconomics argues that anticipated monetary policy does not have real effects the new classical
1 outline the development and current theoretical status of the tradeoff between the unemployment rate and the rate of
1 present a model with rational expectations and the new keynesian supply function if policy makers and the public have
1 ination and unemployment are two crucial economic items of interest to the public is it possible to explain one
1 what evidence would you need to establish whether or not money supply changes have been the main cause of changes in
1 discuss why the credit channel is likely to be more important in nancially devel- oping economies than in developed
given your model of aggregate demand with three nancial assets money bonds and credit and the indirect production
1 given your model of aggregate demand when there are three nancial assets money bonds and credit and the standard