What are the roles of banks in the financial system?

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A: Given data: Nominal interest rate, i=20%=0.2 Compounding is monthly.  

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A: In economics, the game theory is a tool for the strategic interaction of two rational decision-maker...

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A: Cost of art= 25000 $ Inflation rate = 7.5 % Time = 5 years  

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A: Circular flow model explains how an economy functions. It analyses the way goods, services and money...

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A: Government intervention means influence the demand and supply forces . And fix the the price and Out...

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A: Below is the edited graph:  

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A: Public goods are those goods which are non-rivalrous and non-excludable.

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A:

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A: Given  Demand function faced by the profit-maximizing firm Q=140-0.2P Cost function C=100Q

Q: 1. List 10 new market demand that people need in their lifestyle.

A: We know that Market demand portrays the interest for a given item and who needs to buy it. This is d...

Q: The following table shows the composition of GDP in 2015 for a hypothetical country. Complete the ta...

A: Gross domestic product measures the value of goods and services at current year market prices.