answersLogoWhite

0


Want this question answered?

Be notified when an answer is posted

Add your answer:

Earn +20 pts
Q: Why doesn't the government legislate the value of money and set int erst rates law?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Engineering

What are the advantages and disadvantages of e-services?

Advantages:There are advantages while implementing an electronic government. The main advantage of an electronic government this will be to improve the efficiency of the current system. That would in return save money and time. The introduction would also facilitate better communications between governments and businesses. An example would be, E-Procurement facilitates G2G and B2B communication; this will permit smaller business to compete for government contracts as well as larger business. This will have the advantage of creating an open market and stronger economy. Business and citizens can obtain information at a faster speed and it is possible at any time of the day.In addition, moving away from a heavily paper based system to an electronic system would reduces the need for man power. Thus, this would allow the process to be handled by lesser employees and therefore to reduce operations cost.The society is moving toward the mobile connections. The ability of an e-government service to be accessible to citizens irrespective of location throughout the country brings the next and potentially biggest benefit of an e-government service. The society is moving toward the mobile connections.Due to the fact that information and statistics are posted online, the idea of an "opened up" government and made government policy, information (including some socially valuable archival and historical information) and services more available. This would reflect a greater transparency of the service provided by the government .Disadvantages:Electronic governments also consist on certain disadvantage. The main disadvantage of an electronic government is to move the government services into an electronic based system. This system loses the person to person interaction which is valued by a lot of people.In addition, the implementation of an e-government service is that, with many technology based services, it is often easy to make the excuse (e.g. the server has gone down) that problems with the service provided are because of the technology.The implementation of an e government does have certain constraints. Literacy of the users and the ability to use the computer, users who do not know how to read and write would need assistance. An example would be the senior citizens. In general, senior citizens do not have much education and they would have to approach a customer service officer for assistance.Studies have shown that there is potential for a reduction in the usability of government online due to factors such as the access to Internet technology and usability of services and the ability to access to computers;Even though the level of confidence in the security offered by government web sites are high, the public are still concerned over security, fear of spam from providing email addresses, and government retention of transaction or interaction history.


How do you measure river flow rates in cubic meters?

It is in cubic metres!


What are multirate systems?

Digital transformation of the sampling rate of signals, or signal processing with different sampling rates in the system.


By a site participating in VPP incident rates are at least below the industry average?

50%


What Commercial rating method uses charges and credits to modify class rates?

Hujh

Related questions

Why are birth rates higher than death rates in Brazil?

they have so many kids because they want to get money for them from the government


What is the result of the government guiding the supply of money in the economy through regulation of banking interest rates?

Reduced inflation and unemployment rates


In order to distribute money does the government sell money to the banks?

No, the Government does not sell money to the banks. Instead they loan it to them at very low interest rates. The banks borrow money from the central bank a.k.a the government to use for their operations and repay the money along with the interest to them.


What is the expected result of the government guiding the supply of money in the economy through regulation of banking interest rates?

Reduced inflation and unemployment rates


Why does the Government borrow money at lower interest rates?

The government can borrow at lower interest rates because they are considered to be a reliable borrower with the ability to repay debts. Investors perceive government bonds as low-risk investments, which drives demand and lowers interest rates. Additionally, central bank policies can influence interest rates, making it cheaper for the government to borrow.


If a government wanted to expand its capital resources it could?

lower interest rates to make borrowing money easier.


What happens when the government borrows a lot of money?

whenever more money is printed.. the dollar value becomes less.. simple as that.


When the federal reserve sells government securities to the public what happens to money supply?

If the Federal Reserve is a net seller of government bonds, what happens to the: • Money supply- A reduction in the money supply will increase short-term rates. • Interest rate- To the extent that the bond markets see this continuing, it will also reduce long term rates, which are based on the market's expectations of future inflation. • Economy- it drains money from the system


Law related to Philippine monetary system?

The main laws to do with the Philippine monetary system involve interest rates and taxation. The government can alter interest rates to increase or decrease money flows.


When interest rates on Treasury bills and other liquid financial assets are high the opportunity cost of holding money is so thin government spending cause interest rates to?

high and low


What kind of rates are being paid on Money Market Accounts?

With government rates the way they are it will be hard to find a high interest rate on a money market account. Right now you'll find 1%-2% pretty standard. If you want to check rates yourself go to www.bankrate.com. Everything you need is right there.


Where can one find the bank money market rates?

One can find the bank money market rates by going to Citizens Bank website. The website quotes rates on many financial rates, including bank money market rates.