Introduction and Background of the Study 1.1 Background of the Study: In almost all countries‚ monetary authority is governed by a central bank. In some countries‚ it is called federal reserve or reserve bank. Other countries like Andorra‚ Monaco and North Korea do not have a central bank due to various reasons. The central bank has always been responsible in managing the nation’s money supply or its monetary policy through managing interest rates‚ setting the reserve requirement‚ and acting as a lender
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Summary on the Impact of fiscal and monetary policy on business organizations and their activities. Fiscal policy Government influence the economy by changing the level and types of taxes‚ the extent and composition of spending‚ and degree and form of borrowing. Lower taxes mean more disposable income for consumers and more cash for businesses to invest in jobs and equipment. Stimulus-spending programs‚ which are short-term in nature and often involve infrastructure projects‚ can also help drive
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EXPORT CREDIT Export credit policy refers to the measures influencing the level and composition of exports of a country. India‘s export policy has been primarily that of promoting exports. One of the important measures being adopted for export promotion in India is concessionary export credit. 252 Some of the policy measures related with export credit are given below: 1992-93 i) In order to make dollar-dominated export credit scheme more attractive‚ the rate of interest on refinance under this
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members of the public are no longer allowed to climb the Qutub Minar. Over the years the Qutub Minar has seen its fair share of problems with the top being damaged by lightening at one time‚ and structural damage due to earthquakes over time. Thankfully‚ it has been repaired as and when the damage occurred and as a result it remains a marvel for generations to see.The entire Qutub Minar complex is a well maintained property with lush gardens. The guides do not harass and an official audio tour is available
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position or enforce the contract and seek damages for harms resulting from the fraud (Miller 281).” Generally‚ fraudulent misrepresentation refers only to misrepresentation that is consciously false and is intended to mislead another. Typically‚ fraud involves three elements; a misrepresentation of a material fact must occur‚ secondly there must be intent to deceive‚ and lastly the innocent party must justifiably rely on the misrepresentation. To collect damages‚ a party must have been harmed as a result
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The International Monetary Fund and World Bank Group The International Monetary Fund (IMF) and the World Bank Group are two global institutions created to assist nations in becoming and remaining economically viable. Each plays an imporant role in the environment of international trade by helping maintain stability in the financial markets and by assisting countries that are seeking economic development and restructuring. Inadequate monetary reserves and unstable currencies are particularly vexing
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Fiscal and Monetary policy- The response of global economic crisis especially in EU Introduction Monetary and fiscal authorities across the globe have responded quickly and decisively to these extraordinary developments. In particular‚ against the background of rapidly receding inflationary pressures and risks‚ the Euro system has taken monetary policy and liquidity management measures that were unprecedented in nature‚ scope and timing. Since
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RBI ’s Monetary Policy for the Last Two Decades and Medium Term Strategy for Managing Foreign Exchange Reserves." --Macro Economics Kaushik.P Srinagar Colony‚ Off Raj Bhavan Road‚ 24‚ South Mada Street‚ Chennai - 600015‚ India Preamble: The Monetary Policy‚ traditionally announced twice a year‚ regulates the supply of money and the cost and availability of credit in the economy. It deals with both the lending and borrowing rates of interest for commercial banks. The Monetary Policy aims
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Role of the Federal Reserve System in Designing and Implementing U.S. Monetary Policies. This week’s reading material proved to be very informative as well as eye opening. There was a lot of information covered concerning the Federal Reserve System that we all found to be very interesting. According to (Colander‚ 2010)‚ “Money is a highly liquid financial asset that serves as a unit of account‚ a medium of exchange‚ and a store of wealth‚” before this class we never really looked at money in this
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1. What is the Solow (or long-run) growth curve‚ why is it vertical‚ and what causes it to shift? Solow growth curve is a production function that expresses the relationship between output and the factors of production. the formula is Y = F(A‚K‚eL) where A= ideas‚ K = physical captial‚ L = Labor‚ and e = natural resources. The Solow growth curve is represented by a vertical line at the Solow growth rate because: I. it does not depend on the rate of inflation. II. there is an underlying assumption
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