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- The Bring it Home Feature discusses the use of cowrie shells as money. Although we no longer use cowrie shells as money, do you think other forms of commodity monies are possible? What role might technology play in our definition of money?Explain how to use the discount rate to expand the money supply.4. The changes in bank regulations expand the availability of credit cards so people need to hold less cash Select one: a. money supply increase, money demand unchanged, interest rate decrease b. money supply decrease, money demand decrease, interest rate increase c. money supply decrease, money demand unchanged, interest rate increase d. money supply increase, money demand increase, interest rate decrease e. money supply unchanged, money demand decrease and interest rate decrease?
- When the interest rate falls , other things remaining the same, what change occurs in the market for money? The opportunity cost of holding money _______ and _______. A. rises ; the demand for money decreases B. rises ; the quantity of money demanded decreases C. falls ; the quantity of money demanded increases D. falls ; the demand for money increasesNeed help asap 1. Using a supply and demand diagram for each of the following scenarios, show how the market for money is affected in the long run. Explain your answer. (a) Everyone subscribes to r/WallStreetSilver, and starts investing in silver and gold. (b) Commercial banks raise their mortgage rates, even though the Bank of Canada retains a low Bank Rate. (c) The Bank of Canada prints money and mails $1,000 to every Canadian.Explain the THREE (3) types of demand for money.
- Assume the supply of money is fixed by the authorities. Show how the money market equilibrium interest rate rises when income increasesCOVID-19 has resulted in many persons being unable to work and has led to a decrease in economic activity in the Caribbean and the rest of the world. (a) Carefully explain and illustrate the effect of this decrease in economic activity on the money market. (b) On the same diagram in part (a), show and explain the impact of a reduction on general consumption tax on the money market.COVID-19 has resulted in many persons being unable to work and has led to a decrease in economic activity in the Caribbean and the rest of the world. (a) Draw a graph, carefully explain and illustrate the effect of this decrease in economic activity on the money market. (b) On the same diagram in part (a), show and explain the impact of a reduction on general consumption tax on the money market.
- Why do the supply of money and the volume of bank loans both increase or decrease at the same time? Context: The supply of money and the volume of bark loans both increase or decrease at the same. Time because issuing new bank loans to the money supply, while calling in existing bank loans reduces the money supply.Interest Rate Transactions Demand for Money Asset Demand for Money Money Supply 2% $220 $300 $460 4 220 280 460 6 220 260 460 8 220 240 460 10 220 220 460 Based on the given table, an increase in the money supply of $20 billion will cause the equilibrium interest rate to Multiple Choice fall by 4 percentage points. fall by 2 percentage points. Correct rise by 4 percentage points. rise by 2 percentage points.1. The Central Bank of Indonesia sees the potential of the latest credit card technology to facilitate transactions in the community. Then, the central bank change their regulations to decide to expand the availability of credit cards so that people have to hold less cash. a) How does this event affect the demand for money?