Write the quantity equation and explain it. Money x Velocity = Price x Transactions Money x Velocity = Price x Output This theory seeks to explain how money affects the economy‚ and is based on the fact that money is demanded as a medium of exchange. We can say that price level is a function of the quantity of money in circulation. The transaction version of the quantity theory states that the changes in money supply other things remaining the same‚ brings a directly proportionate change in the
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Under the financial crisis in 2008‚ India has brought out the following monetary and fiscal policies to alleviate the crisis’ impact and influence on the Indian economy. (I) Monetary Policy To reduce the impact of the financial crisis on India‚ India’s Central Bank has successively resorted to means such as cutting interest rate reduction‚ increasing credit support‚ loosening foreign credit restrictions and boosting financial support for real estate and export etc. to strengthen financial support
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Socialization What is Socialization? Socialization encumbers teaching and learning of norms‚ values and beliefs of people from any place in society. They could be part of any religion and any type of education. Socialization is about emotions‚ morality‚ gender roles and gender messages from our families encrusted since birth‚ gender messages from the media and our friends. It is how we act‚ without evening realizing it‚ in the society we are raised in. Hence‚ depending on where one is raised makes
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Homework on Macroeconomics Shshank Mehta; Roll no 26 1 List and describe four determinants of productivity Innovation: Regionally available innovation resources positively influence productivity growth. Taxation: The two indicators for taxation‚ the tax burden on investments and the tax burden on highly qualified employees‚ both influence productivity growth negatively. Regulation: Labour market regulation has a strong positive impact on productivity growth. Tighter regulation can indeed increase
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Principles of Macroeconomics Assignment 2 Q1 Answer the questions below using the following information: All figures are in billions of dollars. Currency held outside banks $ 800 Demand Deposits 1000 Traveler’s Checks 100 Other checkable deposits 200 Savings accounts 300 Money market accounts 100 Other near monies 200 a. What is the value of M1? M1 = 800 + 1000 + 100 + 200 = $2100 billion. b. What is the value of M2? M2 = 2100 (M1) + 300 + 100 + 200 = $2700 billion. Q#2 Explain what
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Macro Environment Forces An organization’s macro environment consists of nonspecific aspects in the organization surrounding that have the potential to affect the organization’s strategies. When compared to a firm’s task environment‚ the impact of macro environment variables is less direct and the organization has a more limited impact on these elements of the environment. Macro environmental variable include socio-cultural‚ technological‚ political – legal‚ and economic. A firm considers
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Chapter 11 Classical and Keynesian Macro Analyses Introduction Among the many factors influencing the rate of GDP growth is the volume of business regulation. Concerns about terrorism have multiplied the amount of documentation that must accompany cargo arriving in U.S. ports. How does this affect real GDP? Slide 11-2 Learning Objectives Discuss the central assumptions of the classical model Describe the short-run determination of equilibrium GDP and the price level in the classical
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This article will discuss the intervention use with the Lopez Family at the macro level. The therapist needs to understand the family background and culture to know the type of intervention will best work for the family. This article will discuss what theory and why the theory was used; how social policy at the local‚ state‚ and federal level affect this family‚ with regard to access to social services‚ service delivery‚ and client wellbeing; and issues of human rights and of social‚ economic‚ and
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Macro Environment: “The major external and uncontrollable factors that influence organisations decision making and affects its performance and Strategies” is called Macro Environment. Macro Environment can be studied through different analysis‚ there are several but mainly used are PESTLE analysis and SWOT analysis. Sainsbury’s Overview: Sainsbury’s was established by John James and Mary Ann in the year 1869 as a small dairy shop. In very short time the store became popular for selling good and
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STRATEGIES for MACRO-LEVEL INTERVENTIONS Walden University Course: PSYC 4006 Global Perspectives in Psychology 2/8/2013 “Fighting the Global AIDS Epidemic” HIV/AIDS has been a current global issue in the news since the discovery of the disease in the late 1970’s to now in 2013. Over three decades of new developments such as medications‚ treatments‚ and diagnosed cases exist. Fighting the global AIDS epidemic is still as much of a challenge today as it was yesterday
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