SimEcon Project Presentation
... Shows how the FED uses the required reserve ratio, the discount rate, and open market ...
... Shows how the FED uses the required reserve ratio, the discount rate, and open market ...
Notes on the Phillips Curve:
... Keynesian Theory suggests that: Higher inflation should be met with lower unemployment and Lower inflation should be met with higher unemployment Misperception Theory suggests that: Higher than expected inflation should be met with lower unemployment and Lower than expected inflation should be met w ...
... Keynesian Theory suggests that: Higher inflation should be met with lower unemployment and Lower inflation should be met with higher unemployment Misperception Theory suggests that: Higher than expected inflation should be met with lower unemployment and Lower than expected inflation should be met w ...
Slides
... ▫ The data in the previous slide provides some reassurance that this acquisition price is reasonable as the ratios are about the level of or better than the industry averages. ...
... ▫ The data in the previous slide provides some reassurance that this acquisition price is reasonable as the ratios are about the level of or better than the industry averages. ...
Ch30-7e-lecture
... can decide to control 1. The quantity of money (the monetary base), or 2. The price of Canadian money on the foreign exchange market (the exchange rate), or 3. The opportunity cost of holding money (the short-term interest rate). The Bank can set only one of these instruments. © 2010 Pearson Educati ...
... can decide to control 1. The quantity of money (the monetary base), or 2. The price of Canadian money on the foreign exchange market (the exchange rate), or 3. The opportunity cost of holding money (the short-term interest rate). The Bank can set only one of these instruments. © 2010 Pearson Educati ...
Market Commentary
... Investor sentiment towards the Australian share market remained reasonably fragile in the final quarter of 2009, but favourable economic data and an increase in corporate activity enabled the market to record a positive return in the period as a whole. The S&P/ASX 200 Accumulation Index climbed 3.4% ...
... Investor sentiment towards the Australian share market remained reasonably fragile in the final quarter of 2009, but favourable economic data and an increase in corporate activity enabled the market to record a positive return in the period as a whole. The S&P/ASX 200 Accumulation Index climbed 3.4% ...
Portfolio Diversification with Municipal Bonds
... federal taxes. Other securities listed are subject to federal, state and local taxes. Prices of equity securities change in response to many factors, including the historical and prospective earnings of the issuer, the value of its assets, general economic conditions, interest rates, investor percep ...
... federal taxes. Other securities listed are subject to federal, state and local taxes. Prices of equity securities change in response to many factors, including the historical and prospective earnings of the issuer, the value of its assets, general economic conditions, interest rates, investor percep ...
The Optimal Extraction of Exhaustible Resources
... account for actual price trends. We briefly discuss possible ways to resolve this failure, which we call the Hotelling puzzle. Hotelling’s theory begins with the fundamental trade-off that the owner of the resource, say, oil, faces. The owner can leave the oil in the ground indefinitely or extract a ...
... account for actual price trends. We briefly discuss possible ways to resolve this failure, which we call the Hotelling puzzle. Hotelling’s theory begins with the fundamental trade-off that the owner of the resource, say, oil, faces. The owner can leave the oil in the ground indefinitely or extract a ...
Outlook for Economic Activity and Prices (April 2017, The Bank`s
... The background to these projections is as follows. First, medium- to long-term inflation expectations have remained in a weakening phase. Various market indicators and survey results indicate that medium- to long-term inflation expectations have not yet picked up clearly on the whole, although some ...
... The background to these projections is as follows. First, medium- to long-term inflation expectations have remained in a weakening phase. Various market indicators and survey results indicate that medium- to long-term inflation expectations have not yet picked up clearly on the whole, although some ...
NBER WORKING PAPER SERIES MACROECONOMICS OF STAGFLATION UNDER FLEXIBLE EXCHANGE RATES
... New York University, Helsinki University and the National Bureau of Economic Research. Paper presented at the 9lth Annual Meeting of' the American Economic Association, Washington, D.C., session on "Recent Developments in Macroeconomic Theory: Implications for Government's Role," Monday, December 28 ...
... New York University, Helsinki University and the National Bureau of Economic Research. Paper presented at the 9lth Annual Meeting of' the American Economic Association, Washington, D.C., session on "Recent Developments in Macroeconomic Theory: Implications for Government's Role," Monday, December 28 ...
FISCAL POLICY
... that the analysts put on interest rates? "I expect the stock market to remain strong, as long as interest rates stay low," is a sentiment that was often expressed in the last few years on these shows. Low interest rates are certainly good for the stock market, but are they also good for the economy ...
... that the analysts put on interest rates? "I expect the stock market to remain strong, as long as interest rates stay low," is a sentiment that was often expressed in the last few years on these shows. Low interest rates are certainly good for the stock market, but are they also good for the economy ...
1 .A production possibilities frontier can shift outward if a
... of goods and services were 80 billion denars, there were no transfer payments by the government, and GDP was 400 billion denars. What were consumption and investment in San Lucretia? a). 270 billion denars, 50 billion denars b). 260 billion denars, 60 billion denars c). 250 billion denars, 70 billio ...
... of goods and services were 80 billion denars, there were no transfer payments by the government, and GDP was 400 billion denars. What were consumption and investment in San Lucretia? a). 270 billion denars, 50 billion denars b). 260 billion denars, 60 billion denars c). 250 billion denars, 70 billio ...
view text of speech / press release
... Unlike many other countries, fiscal policy in Singapore does not play an active role in counter-cyclical demand management. It is true that in times of economic slack, we have accelerated some of our infrastructure spending, as we did to some extent with the MRT and other projects during the 1985/86 ...
... Unlike many other countries, fiscal policy in Singapore does not play an active role in counter-cyclical demand management. It is true that in times of economic slack, we have accelerated some of our infrastructure spending, as we did to some extent with the MRT and other projects during the 1985/86 ...
A money Demand Function with Output Uncertainty, Monetary
... Agents make forecast about output and inflation conditional on the information set available when they decide on their money holding. The cost of financial innovation that facilitate the transactions Findings: The following variables affect money demand -Output uncertainty -Monetary uncertainty -T ...
... Agents make forecast about output and inflation conditional on the information set available when they decide on their money holding. The cost of financial innovation that facilitate the transactions Findings: The following variables affect money demand -Output uncertainty -Monetary uncertainty -T ...
FedViews
... Several indicators suggest the economy is on better footing than GDP growth numbers indicate. Growth in employment and real incomes is solid, household wealth is improving, and the stock market is buoyant. In addition, monetary policy remains highly accommodative. In light of these conditions, we ex ...
... Several indicators suggest the economy is on better footing than GDP growth numbers indicate. Growth in employment and real incomes is solid, household wealth is improving, and the stock market is buoyant. In addition, monetary policy remains highly accommodative. In light of these conditions, we ex ...
HKUMacroch01_5e
... long periods? Has the United States entered a New Economy, in which growth will be much higher in the future? Can other countries emulate China and grow at the same rate? Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall • Macroeconomics, 5/e • Olivier Blanchard ...
... long periods? Has the United States entered a New Economy, in which growth will be much higher in the future? Can other countries emulate China and grow at the same rate? Copyright © 2009 Pearson Education, Inc. Publishing as Prentice Hall • Macroeconomics, 5/e • Olivier Blanchard ...
Solutions to PSET 4 1. Why does the AS curve slope up, at least in
... 1. Why does the AS curve slope up, at least in the short run? Some argue that the AS curve is always vertical. What is this argument? The aggregate supply curve describes the relationship between the price level and the total quantity of output produced by firms. Because firms have market power (as ...
... 1. Why does the AS curve slope up, at least in the short run? Some argue that the AS curve is always vertical. What is this argument? The aggregate supply curve describes the relationship between the price level and the total quantity of output produced by firms. Because firms have market power (as ...
Practice Test - MDC Faculty Web Pages
... 54. Both Social Security and Medicare are pay-as-you-go programs. This means that: A) current taxpayers fund the benefits that are currently paid out. B) future beneficiaries contribute to a pool of funds today that will be used to pay for their benefits in the future. C) the government pays for the ...
... 54. Both Social Security and Medicare are pay-as-you-go programs. This means that: A) current taxpayers fund the benefits that are currently paid out. B) future beneficiaries contribute to a pool of funds today that will be used to pay for their benefits in the future. C) the government pays for the ...
Miami Dade College ECO 2013.0046 Principles of Macroeconomics
... 54. Both Social Security and Medicare are pay-as-you-go programs. This means that: A) current taxpayers fund the benefits that are currently paid out. B) future beneficiaries contribute to a pool of funds today that will be used to pay for their benefits in the future. C) the government pays for the ...
... 54. Both Social Security and Medicare are pay-as-you-go programs. This means that: A) current taxpayers fund the benefits that are currently paid out. B) future beneficiaries contribute to a pool of funds today that will be used to pay for their benefits in the future. C) the government pays for the ...
Questions
... 46. A change in income in the IS-LM model for a fixed price A) represents a shift in the aggregate demand curve. B) represents a movement along the aggregate demand curve. C) has the same effect on the aggregate demand curve as a change in income in the IS-LM model resulting from a change in the pri ...
... 46. A change in income in the IS-LM model for a fixed price A) represents a shift in the aggregate demand curve. B) represents a movement along the aggregate demand curve. C) has the same effect on the aggregate demand curve as a change in income in the IS-LM model resulting from a change in the pri ...
Milton Friedman
... employment and production in the short run – This is because of “money illusion”. ...
... employment and production in the short run – This is because of “money illusion”. ...
Price of one fishing net: 10 CU
... the demand for real balances curve would shift to the left, and the LM curve would shift to the right. b. the demand for real balances curve would shift to the right, and the LM curve would shift to the right. c. the supply of real balances curve would shift to the right, and the LM curve would shif ...
... the demand for real balances curve would shift to the left, and the LM curve would shift to the right. b. the demand for real balances curve would shift to the right, and the LM curve would shift to the right. c. the supply of real balances curve would shift to the right, and the LM curve would shif ...
Interest rate
An interest rate is the rate at which interest is paid by borrowers (debtors) for the use of money that they borrow from lenders (creditors). Specifically, the interest rate is a percentage of principal paid a certain number of times per period for all periods during the total term of the loan or credit. Interest rates are normally expressed as a percentage of the principal for a period of one year, sometimes they are expressed for different periods such as a month or a day. Different interest rates exist parallelly for the same or comparable time periods, depending on the default probability of the borrower, the residual term, the payback currency, and many more determinants of a loan or credit. For example, a company borrows capital from a bank to buy new assets for its business, and in return the lender receives rights on the new assets as collateral and interest at a predetermined interest rate for deferring the use of funds and instead lending it to the borrower.Interest-rate targets are a vital tool of monetary policy and are taken into account when dealing with variables like investment, inflation, and unemployment. The central banks of countries generally tend to reduce interest rates when they wish to increase investment and consumption in the country's economy. However, a low interest rate as a macro-economic policy can be risky and may lead to the creation of an economic bubble, in which large amounts of investments are poured into the real-estate market and stock market. In developed economies, interest-rate adjustments are thus made to keep inflation within a target range for the health of economic activities or cap the interest rate concurrently with economic growth to safeguard economic momentum.