a5. Explain how the Reserve Bank's response to a recession works its way through the economy to ultimately affecting real GDP and the price level. 5. 解释怎么对后退的储备银行的反应通过经济运作它的方式到最后影响真正的国民生产总值和物价水平。[translate]...
The higher interest rate leads to a decrease in the demand for investment and other interest-sensitive sectors of the economy. These decreases mean that aggregate demand decreases so that the AD curve shifts leftward. Following the original decrease in aggregate demand, a multiplier process begins ...
Hurray!" According to fueleconomy.gov, his figure is about half the published energy cost of a MINI or Nissan Leaf; even so, the new EVs are still well ahead of the old fossils.How do electric cars compare? Let's put that theoretical "15 kilowatt hours (kWh) per 100km" in context....
To then lower the federal funds rate to the new target, the Fed conducts open market operations that buy government securities. The Fed pays for its purchases by increasing banks' reserves. The increase in reserves lowers the federal funds rate. It also increases the quantity of money. The ...
The "hydrogen economy" is a far-off dream. Photo: It could be a while before hydrogen filling pumps like this become commonplace. Photo by courtesy of NASA Glenn Research Center. It's easy to see how a world full of hydrogen cars might work. We'd have lots of electrolyzer factories ...