deficit * Budget surplus * Balanced budget * National saving * Private saving * Public saving Questions 1. What is the role of the financial system? Name and describe two markets that are part of the financial system in our economy. Name and describe two financial intermediaries. What is the fundamental difference between financial markets and financial intermediaries? 2. Draw a diagram to illustrate the market for loanable funds (closed economy) where all savers take
Premium Supply and demand Keynesian economics Economics
Subject: Business Economics Subject Code: BUECO5903 Course Coordinator / Moderator: Paul McPhee / David Spiers Assignment A: Microeconomics Student Name: Noor Aini Faiz Student Number: 30120381 Lecturer: Dr. Ganeshamoorthy Question 1: (a) Explain and illustrate using suitable diagrams‚ the impact of external costs and
Premium Supply and demand Externality Market failure
wrong and it never will be‚ but money is a tool either for good or for bad. How we use the money is what is of great importance here. It is always better to be rich rather than poor. The reason is simple; to have is better than to lack. We all want our daily needs met. It is human nature and there is nothing wrong with it. It is better to be rich there are a lot of bad things about being poor‚ that being rich could cure‚ collectors calling in the middle of the night threatening to sue you or‚ a lack
Premium Poverty English-language films 2007 singles
1.1.3 Importance of the topic from macro and micro perspective Regulatory requirements will affect profits via their impact on capital‚ funding and hedging costs‚ as well as the direct costs of compliance. It follows that market-makers will set their bid and ask prices based on their expectations of the cost and risk of holding assets in inventory. Spreads will tend to be narrow if market-makers believe they can execute trades quickly and cheaply‚ or if funding and hedging costs are low. Thus‚ a
Premium Economics Marketing Cost
internal changes (Sowell‚ 2011). Sargeant and Jay (2004) stated SWOT analysis contains specific indicators as to the key determinants of success in the company whereas most authors defined the marketing environment comprising microenvironment and macro-environment strongly affects the company’s survival (refer to appendix 2). In this essay‚ the literature review concentrates on the influences of the marketing environmental factors on the company’s operations. The internal change is a part and parcel
Premium Hamburger Fast food Fast food restaurant
of demand and supply curves; 4. Understand the effect of price ceilings and price floors; 5. Understand the concept of price elasticity as a concept of price sensitivity (+ cross-price elasticity‚ income elasticity); 6. Understand the relation between revenue and price elasticity of demand; 7. Understand that it does not matter whether firms or consumers pay a per unit tax; 8. Understand the effect of elasticity of demand and supply on tax incidence; 9. Realise how supply and
Premium Supply and demand
1. Suppose that changes in bank regulations expand the availability of credit cards so that people need to hold less cash. If the central bank does not respond to this event‚ what will happen to the price level? Use a diagram to assist in answering this question. 2. Use the loanable funds model to explain what happens to interest rates and investment if a government moves from a balanced budget position to a budget surplus. 3. Suppose that the T-account for The Open Campus National
Premium Inflation Monetary policy Money supply
Importance of Information in Our Daily Life Information in its most restricted technical sense is a message (utterance or expression) or collection of messages that consists of an ordered sequence of symbols‚ or it is the meaning that can be interpreted from such a message or collection of messages. Information can be recorded or transmitted. It can be recorded as signs‚ or conveyed as signals by waves. Information is any kind of event that affects the state of a dynamic system. The concept has
Premium Information Meaning of life Perception
0 EFFECT OF REINFORCEMENT IN OUR DAILY LIFE Reinforcement is a term in operant conditioning and behaviour analysis for the delivery of a stimulus‚ (immediately or shortly) after a response‚ that results in an increase in the future rate or probability of that response. The response strength is assessed by measuring frequency‚ duration‚ latency‚ accuracy‚ and/or persistence of the response after reinforcement stops. Experimental behaviour analysts measured the rate of behaviours as a primary
Premium Reinforcement Operant conditioning Punishment
would not feel the need to raise the price since they are receiving government funds. Quantity would increase since the more consumers would be attracted to the low prices‚ and the manufacturers would produce more goods‚ since they would be receiving economic assistance and would not have to worry so much about losing money from producing too many notebooks. Demand would be unaffected‚ since only quantity demanded would be changing and not the whole demand curve. Supply would increase or shift to the
Premium Supply and demand Consumer theory