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vellojo vellojo
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7 years ago
In November 2008, the Reserve Bank of India (RBI) lowered its "repo" rate, the rate at which it lends to banks, from 8 percent to 7.5 percent.  Only two weeks earlier, it had lowered the rate from 9 percent to 8 percent.
The Economist, 11/6/2008

In its attempt to change real GDP, which of following sequences correctly describes the transmission of RBI's monetary policy?
   i.   the real interest rate falls
   ii.   the money supply increases
   iii.   bank reserves increase
   iv.   supply of loanable funds increases
   v.   aggregate demand increases
A) ii, i, iii, v, iv.
B) iii, iv, i, iii, v
C) v, i, ii, iv, iii
D) iii,  ii, iv, i, v.
Textbook 
Foundations of Macroeconomics

Foundations of Macroeconomics


Edition: 8th
Authors:
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Studying economics @ Edinburgh U
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ukraniaukrania
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7 years ago
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vellojo Author
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#2
7 years ago
I went through a flood of websites until I signed up here lol Glad I did
Studying economics @ Edinburgh U
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#3
7 years ago
Slight Smile
Dream it. Person Raising Both Hands in Celebration
Wish it. Person Raising Both Hands in Celebration
Do it. Person Raising Both Hands in Celebration
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#4
3 years ago
thank you
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#5
3 years ago
thsank ya
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#6
3 years ago
thank you
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