Asked in Personal Finance, Economics
Definition of equilibrium income?
This is established where aggregate quantity supplied is equal to aggregate quantity demanded. It is the central tendency of real income that equates the plans of consumers with those of producers. It is a stable level of income, so long as the various factors in the model DO NOT change. ...
Asked in Entertainment & Arts
What is a fun place of interest in the central plains?
the L.B.J park is fun try there
How does the central banks control the interest rates?
Central banks control interest rates by altering the repo rate. Repo rate is the rate at which banks borrow money from the central bank. So if the central bank hikes the repo rate, the banks will automatically hike their lending rates. similarly if the central bank reduces the repo rate, banks will lower their lending rates too. ...
For what reason did the Central Bank reduce the interest rates?
Central banks have control of the prevailing interest rates in the country and they usually reduce or increase them to maintain the country's economic status. If the country is having high inflation then the central bank would increase the interest rates to suck in excess cash from the markets and to reduce rates of essential commodities. Similarly, when the country is in a economic crisis, they might reduce interest rates to make borrowing cheaper and to promote spending. ...
Asked in Mortgages
What are the current interest rates for Central Mortgage Company?
Current interest rates for Central Mortgage Company are different depending on one's credit history and the length of the loan. There are no exact numbers listed online but it is around 6.5%. One may call 1-800-366-2132 for any questions regarding interest rates. ...
Asked in Politics and Government
Why do interest groups try to influence political parties?
Interest group try to influence political parties because leaders of interest groups know that political parties play a central role in selecting those people who make public policy decisions. ...
Asked in Credit and Debit Cards
What is inerest is charged only on the balance remaining in your account?
It depends whether you're talking about savings or loans. If you have money in a savings account, you ACCUMULATE interest (therefore, you make more money). If you took out a loan, you PAY BACK interest (therefore, pay more money than you originally lent). The actual amount of interest (as a percentage) that you will be charged depends on many factors. - What is the central bank's interest rate? - What is your specific bank's interest rate? (Based on that of the central bank) - What...
How might a rise in local currency affect a country's interest rates?
It may also encourage a decrease in the interest rates in the country if the central bank of that country wants to maintain the currency exchange rate and a decrease in the interest rate would spur local investment. ...
Asked in Authors, Poets, and Playwrights
What has the author Pierluigi Balduzzi written?
Pierluigi Balduzzi has written: 'The central tendency' -- subject(s): Bonds, Econometric models, Interest rates, Prices 'A model of target changes and the term structure of interest rates' -- subject(s): Interest rates, Mathematical models ...
Asked in United States of America
Pretend there is an interest in moving the US capital to a more central location What would be a good place for it?
It would be better in Arizona!
Asked in Business & Finance, Loans, Economics, DIY Projects
How do you calculate REPO rate?
I think its a simple interest rate that is calculated and added to the second leg of the transaction. It can be calculated keeping other interest rates in mind & is generally fixed by the central bank of the country. ...
Asked in United Kingdom
How are the interest rates that banks charge set in the UK?
The interest rates in the United Kingdom are set by the Bank of England, which is the central banking institution in the UK and was founded in 1694. The interest rates set by The Bank of England affect all of the building societies and banks in the whole Country. ...
Asked in South Carolina
Why did Carolina colony divide into North Carolina and South Carolina?
Lack of a central capital, and both areas had separate interest in business and trade. ...
Explain the functions of central bank?
The purpose of a central bank is frame the rules and guidelines that must be followed by all banks that operate in that country. Their job is to oversee the operations of all banks and make sure that customer interest is protected by all means. The Federal Reserve is the central bank in USA, Reserve Bank of India is the central bank of India. ...