exchange rate is said to overshoot when its immediate response to a disturbance is greater than its long-run response. Exchange rate overshooting is an important phenomenon because it helps explain why exchange rates move so sharply from day to day. The economic explanation of overshooting comes from the interest parity condition. Question 4 (a) Using the AA/DD framework‚ explain the separate effects of a temporary monetary expansion and a temporary fiscal expansion on the exchange rate‚ output and
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Question no-1 a) It was observed that the fruits of economic development have been enjoyed by the urban people. They are leading a better life in terms of literacy‚ sanitation‚ health facilities than their counterparts in rural areas. But the rural market is huge potential in India‚ as more than 70% of population lives in rural India. So as per the socio economic condition marketer has to plan differently for the rural market. A rural market can be defined as any market that exists in a area
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elasticity of demand Inelastic demand curve will be less than 1 Inelastic demand curve will be less than 1 Elastic demand curve will be greater than 1 Elastic demand curve or Kinked demand curve will be greater than 1 Is there a presence of economic profits? No Yes Yes Yes Introduction: Printing is one of the most highly competitive industries in America today there are literally thousands of printers in the United States‚ they range from a small mom and pop operation to multinational
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is at max point Managers take production right up to the point where TC=TR; if they can [2] Oligopolies can benefit most from going past the profit maximising output because it gives them a market share advantage over their competition. The economic climate can affect managers’ ability to deploy this tactic. If a recession is on the cards then shareholders will be anxious and keeping them and profits high will be a priority to which managers must abide to keep their position. The Downsides:
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of Branchless Banking in rural areas as a part of Financial Inclusion Key words- Branchless Banking‚ Financial inclusion‚ globalization and Service. The self service concept in the modern business is considerable recognition these days. It plays a vital role in reducing costs to an organization by facilitating automated interface between service provider and a customer. The term financial inclusion is offering of services at a lower cost to major sections of the rural people. Open access to public
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- Financial flows Deregulation of financial markets (less rules and regulations in currency markets and foreign investment) led to a rapid increase in FDI and portfolio investment. Investment makes economies more integrated as economic changes in one country influence others (CONTAGION e.g. negative effects such as the GFC and the EDC or positive effects such as new technology and booming economies). The main benefits are that it enables countries to finance their domestic economy even if domestic
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sharpening rural-urban tensions in the 1920s America in his essay “Flappers and Philosophers‚ and Farmers: Rural-Urban Tensions of the Twenties” published in 1973. He begins with F. Scott Fitzgerald’s Flappers and Philosophers that represented the “age of wonderful nonsense” and reflected the rapid modernization in the 20s. The essay is an agricultural history piece that primarily focuses on the rural experience‚ reactions‚ and transformations in a period of increasingly sharp and unequal rural-urban
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DEPARTMENT OF URBAN AND REGIONAL PLANNING BUR 213: RURAL PLANNING STUDIO I * AGAI AGAYI -B65/3567/2011 * NAIBEI PETER -B65/2168/2011 * MAINA JAMES -B65/39876/2011 * GITEMI CINDY -B65/3580/2011 * OCHIENG BRENDA -B65/38725/2011 * HAJI SULEIMAN -B65/3569/2011 INTRODUCTION. Kenya vision 2030 is Kenya’s long-term national planning strategy stating the main goals of economic‚ social and political pillars that underpin the vision
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1. Below is a list of topics in usually studied in economics. Determine whether each topic deals under the area of microeconomics or macroeconomics. a. How Bangko Sentral ng Pilipinas influences the consumer spending in the Philippines. b. How a household decides what LPG brand to buy. c. How a firm decides whether to continue business or shutdown. d. How debt affects the income gap among Filipinos. e. How new parents decide whether to work or stay at home with their children. f. How the
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Economics 201A: Economic Theory (first half ) Tu-Th 12:30–2:00 150 GSPP 1 Description Economics 201A is the first semester of the required microeconomic theory sequence for first-year Ph.D. students in the economics department. The first half of the fall semester focuses on choice theory‚ consumer theory‚ and social choice. The second half will be taught by Chris Shannon and will cover general equilibrium. (A separate syllabus will be distributed for the second half.) In the spring‚ the
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