investment and expansion. Monetary policy through its influence on the financial sector of the economy plays a major role in making credit available to the agricultural sector. Monetary policy refers to the combination of measures designed to regulate the value‚ supply and cost of money in an economy. It can be described as the art of controlling the direction and movement of credit facilities in pursuance of stable price and economy growth in an economy (CBN‚ 1992). Monetary policy in the Nigerian
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CASE – PROF. TOM AND MONETARY POLICY: Q1 THE VARIOUS QUESTION ASKED IN THIS CASE ARE: Q: What is meant by interest rate and monetary policy? Ans: Interest Rate- Interest rate is cost of money. This is the rate which is charged by the lender on borrower for lending some money to him for a period of time. Interest rate is price of the money paid by the borrower for using the money of lender for a period of time. Monetary policy: monetary policy is a “policy employing the central bank’s control
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The Federal Reserve implements monetary policy through changes in money supply as well as the rate at which banks lend money to each other overnight. Fiscal policy‚ on the other hand‚ is controlled by congress and the White House and is implemented through changes in government spending and taxes. An example of fiscal policy was when congress passed the American Recovery and Reinvestment Act in 2009 to stimulate the economy and prevent
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Introduction Coca Cola‚ like any other business‚ deals with the affects of monetary policy set by the United States Federal Reserve Bank. The three tools used by the Federal Reserve to control monetary policy are the discount rate (federal funds rate)‚ open market operations (buying and selling of bonds) and the reserve ratio requirement. The following will discuss the monetary policy tools used by the Federal Reserve Bank and its affects on The Coca Cola Company and other businesses. Federal
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1. (Monetary Aggregates) Calculate M1 and M2 using the following information: Large-denomination time deposits $ 304 billion Currency and coin held by nonbanking public 438 billion Checkable deposits 509 billion Small-denomination time deposits 198 billion Traveler’s checks 18 billion Savings deposits 326 billion Money market mutual fund accounts 637 billion 2. (Reserve Accounts) Suppose that a bank’s customer deposits $4‚000 in her checking account. The required
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2009. Chuku A. Chuku MEASURING THE EFFECTS OF MONETARY POLICY INNOVATIONS IN NIGERIA: A STRUCTURAL VECTOR AUTOREGRESSIVE (SVAR) APPROACH Chuku A. Chuku1 University of Uyo‚ Nigeria. chukuachuku@gmail.com ABSTARCT Correctly identifying the effects of monetary policy innovations is necessary for good policy making. In this paper‚ we carry out a controlled experiment using a structural vector autoregression (SVAR) model to trace the effects of monetary policy shocks on output and prices in Nigeria
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|[pic] |Course Syllabus | | |School of Business | | |ECO/372 Version 4 | |
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investment in the U.S. Type: Multiple Choice Points awarded: 0.00 / 1.00 Your Answer(s): [No answer submitted] Correct answer(s): increase maintain decrease none of the above Question 2 (5526037): According to _____________ ‚ a “monetary rule” would be very constraining for the Fed and would only increase business cycles. Type: Multiple Choice Points awarded: 0.00 / 1.00 Your Answer(s): Monetarists Correct answer(s): Monetarists Keynesians All the above None of the
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The Non Verbal Communication Communication is the transfer of information from one person to another which could be in the forms of written‚ oral or non verbal communication. The Non verbal communication plays in important role in defining the status of relationship between the employee and employer. Often the message conveyed in a non verbal communication is in the forms of gestures and action of the individual. There is a lot of information that are conveyed in between lines that a manager needs
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The concept of viruses being living or non-living has been greatly debated throughout the scientific community‚ essentially because of varying differences in scientist’s definitions of what constitutes life. Furthermore‚ scientists also disagree on the degree to which viruses fit into the living or non-living category. There are seven fundamental components which can be used to define life. The first being that living things must maintain homeostasis; the ability for it to control its internal temperature
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